Market Makers are now in control as we can see with those Bart patterns forming up as demand faded away and supply is also weak. We have strong orders in the books around 47.5 and 50k acting as major resistances across the board. Swaps now showing more frequently trading above spot which implies bearishness BUT we don't have yet the structural daily trend from...
Warning clues & structure on BTCUSD. Technical analysis & market breakdown. ❤️Please, support this idea with a like and comment!❤️
Bitcoin is getting ready for a possible correction. In this video I go trough the books, talk price levels to look for and also very briefly talk trough some futures data. Next video I will cover some other points like futures premiums and swaps v spot basis or finex long/short ratios.
Bitcoin is currently widely claimed as back to the bull market by popular youtubers that are calling the bottom and that are 100% long. On top of that we have a bubble popping out with a boom of Glassnode analysts selling millions of newsletters with in-chain data that everyone sees. "Institutions are buying/accumulating" This is alarming to me. I tend to...
Top-down analysis on BTCUSD. Structure analysis & directional bias. Trading recommendations & thoughts. ❤️Please, support this idea with a like and comment!❤️
Multiple time frames analysis on Ethereum. Key levels & directional bias. Trading recommendations & thoughts. ❤️Please, support this idea with a like and comment!❤️
Nice momentum showing up on Bitcoin. We pierced right through 35 and 37k important levels. Price now need to sustain above the 35k to be in relatively bullish waters before next resistance range. However, we are not yet back into high probably bull market trend since we have the 45-47k as a very significant range (50% between local top and local lows)) and we...
Great trading opportunity on BTCUSD explained. Price action & structure analysis. ❤️Please, support this idea with a like and comment!❤️
With the large accumulation over the last two months, most of the buy-side imbalance levels have been broken on #BTC. While this is a great opportunity to BUY BTC traders/investors must be careful of the huge risk taking a buy-side trade at this point. If we break $31,000 on the daily we will be heading lower towards 28-26000 $ for #BTC On the other hand we have...
Daily/4h time frame analysis on BTCUSD. Key level & price action. Trading recommendations & thoughts. ❤️Please, support this idea with a like and comment!❤️
Not much has changed since last video. We are still trading above 32k yet to test the 35k (and sustain above it). Basis and Funding Rates still predominantly negative (favouring longs). Macro trends are looking terribly at support range and all eyes should be focused on the daily and intraday start break above 35k which is the range equilibrium. IF we trade...
In this video I do the normal routine. Talk trough the trends, volumes, some technical levels based on price, FTX and Deribit Futures, Perpetual Swaps v Spot Basis, Funding Rates, Open Interest, Liquidations, Bitfinex Long/Short Ratios and volumes on CME and BAKKT Futures forward contracts. More reasons to be bullish than to be bearish at the moment but at the...
We failed to regain 36k. 😩 No reason to be bullish here despite the ongoing evidence of accumulation going on. Orderbooks on Coinbase and Binance certainly look very strong but so is the incoming sell pressure. This selling might be related with recent shutdown and cracking down on mining facilities in China. Hey, this is just speculation but the trend is your...
Apparently there are some people out there already calling for 10k. 👀 In this video we take a look into Volumes and data coming from Futures. Watch the full video for my general overview packed with useful information you can incorporate in your own analysis. I talk through some heuristics that can be helpful to assign odds and further develop your own thinking...
There is strong going demand. Intraday Volumes at lows are looking great and the Daily seems to picking up a nice steady grind. 37k is a nice bidding area in case of retest of lows to create a bear trap. Remember that this is also a probability. Futures also showing some ongoing strength and Swaps trading bellow spot which implies strong demand coming from spot...
Bitcoin finally broke the trendline coming from the top and it's likely that is on a corrective pullback (not return to bull run) I don't buy the "we found the bottom" narrative just yet since we don't see strong volume signs coming from different markets, specially futures. Funding rates are also pretty flat at the moment which reveal a lot of uncertainty....
Current correction going on as expected BUT more aggressively than expected. Chances are now in for a possible retest of 45k and new lows at 25k due to ongoing gaps visible on BAKKT and CME. The 25k range is also confluent with Monthly average of November and a relative 50% between the high/low during that period of time. Here's what I think might happen....
Bitcoin was long due for deeper correction and we are finally seeing it unfold possibly for the reasons discussed in my previous video. Today, I take a look at the trend and some structural technical levels to be paying attention in the near future. Also cover liquidations, funding rates and futures premiums.