We are reaching interesting levels for positioning LONG inside this micro trading range. In the video I walk briefly trough significant technical levels and their confluence with the orderbooks. A look into futures premiums and perpetual swaps vs spot basis. Funding rate also turning negative again with recent drop. Not financial advice. Educational and...
Impressive advance into the Yearly open and keep this ongoing bullish trend healthy. As usual in this video I go trough the next technical levels to look for and overall run through the books and futures data. A reminder to look at these things always from Probabilities and Risk-Reward standpoint.
As we keep printing all sorts of shenanigans is important to realise that Bitcoin has not dumping hard on bad news in last few weeks. We keep trading above 35k and we have the orderbooks plus futures showing promising data. Being placed towards the short side or being entirely sidelined is a risk of missing a possible sudden major upside move. As i describe...
It is like mapping the big bang of an idea and the universe that evolves around it. Structures form. Gravity. Bonds. Waves of creation rising and falling. Basic stuff.
Now is where it gets exciting for me and starts to get to the point where i need to zoom into this world with the magnifying glass of time denotations. And i will have to call it for today, have to go paint.
I finally got a camera and mic installed on my computer and i can do the recording. I am going to my best to explain my thought process. This, for me is an exciting new approach as it forces me to be coherent to a broader spectrum of mindsets. Yes i know all of you negative and trolly types have no idea what is going on, think i am trying to be a Guru, or sell...
We just hit another major support level. Those doing "buy the dip" kind of strategies this seems great opportunity to add to the stack for the long term. I'm certainly buying here. Can we go lower? absolutely. The break of the 40k came faster than expected and open the door for other lower technical levels as we continuously don't see strong fear or bearish...
We are sitting strong at support levels. Yes we are seeing some sideways with up and downs but overall the PA and volumes at currently levels is looking more bullish than bearish despite the amount of bearish sentiment out there. We keep seeing people calling for 30k and 20k levels. I think at the moment conditions are leaning more bullish despite the ongoing...
Macro timeframes are looking really bad. But they don't necessarily imply yet a bear market. There is good case for a macro trading range in development. We broke bellow the Quarterly Open from October and we are currently trading bellow the Yearly open currently sitting at support between the 40 and 42 range. There is good chance we bounce to retest the yearly...
There is general fearful sentiment in the market that is sounding bullish to me and on top of consistent consolidation at lows. Funding rates more or less flatlined and keep going back and forward but swaps been trading consistently bellow spot, specially Binance and OKEX. Which is good news. Futures also showing some strength in the premiums while price marking...
I recommend anyone to take a look at my previous videos where I cover points I didn't cover in this one. but in the one we revisit the technical levels I am looking at and their confluence with what the books are telling at the moment. Reminder that the nature of the books is like a living animal but so far it has been quite steady. What we need to see is that...
I don't think so. But that doesn't mean we cannot revisit lows because it is likely we will do. We are possibly looking at a complex trading range. Worse case bullish scenario is revisit the 37k range and still look like a bull market on the weekly and monthly. I would be more concerned if price trade bellow 37k and funding rates in the perpetual swaps...
In this video we take a look at usual technical levels and what is looking good and what is not. I'm not yet seeing structural and momentum strength coming from PA at the date of this video despite the move from 53 to 58k. I didn't have time to cover many other points put hopefully it helps viewers to developed other nuanced interpretations of the data...
Price is currently looking somewhat weak and the books are very crowded on both sides. My assumption is that the market believe 58-60k is strong support due to monthly opens but there is also a good chance we see a bear trap by visiting bellow 58 and incentivising panic sellers to jump in plus plenty of stops just under the 58 down to the 54 range. Watch the...
OK Bitcoin is looking good. In this video I talk through the fact price closed above monthly down-candle opens and so far trends remain healthy. Quick glimpse through the books show some resistance at the 70k range as discussed in previous videos and that after recent moves at the date of this video liquidity from 67 to 62k is a lot a bit more flat at the...
We technical broke the ATH but some signs from futures & options that require caution about taking long positions here. We have altcoins with random pumps going on and futures markets extremely extended Open Interest wise plus positive funding rates. Most perpetual swaps still trading consistently above spot and sudden spikes on CME open interest are registered....
Get some popcorn and watch my subjective interpretation on why current price action is not looking good at all despite the ongoing mark up. Some talking points include: • Volumes • Monthly and Quarterly Charts • Orderbooks and order clusters • Grayscale Premiums • BAKKT and CME Futures basis premiums • Options Put/Call open interest distribution and...
Bitcoin showing signs of live with impressive moves in short period of time. The liquidity presents in nearly all exchanges between 37-and 40k was sufficient to spoof weaker bears and let bull take control.... for the moment. We just broke the 47k resistance which is significant and that is why we also produce some great volumes and liquidations along the...