nopanic42025

nopanic42025

4 Dec Sun Finally it took 48h to compete bullish OU and we are seeing the result of it and bounce up. This was difficult play as the resistance has been touched so many times that it could easily break. For today's plays I am looking for short entry at the height of second shoulder of that OU. Falling from there can cause the price to finally break the resistance...

nopanic42025

4 Dec Sun Not much changes since yesterday. The only thing is that the structure is getting weaker. Drop to first demand zone at 16500 seems even more likely now, as this is not a good structure for the rally up.

nopanic42025

4 Dec Sun Most importantly price has broken above one year old resistance and 200 EMA with strength. Supply zone at 4100 has been eaten into already. There was reaction down and immediate bounce up. Looks that bulls have enough strength to break above 4100. Rally to 4200 in this week possible. Overall bullish.

nopanic42025

4 Dec Sat We have reached 4100 which was first supply zone on the way up and area of high concentration of volume. Weekly candle looks good with PoC being on the downside. We are entering pre-christmas period which is usually good for the bulls. I'd expect price to break above 4100 and rally up to 4200. This can send BTC to 18k level. In case of stronger reaction...

nopanic42025

3 Dec Sat After illiquid move up on Wed 30 Nov price stayed in high regions. Yesterday we have seen bounce of first cluster at 16800 back up to 17160. Right now we can see HTF bullish O/U forming for the past 35 hours. Problem with this OU is that it's second atm gets lower and takes liquidity form demand cluster below. It isn't safest play also since high...

nopanic42025

3 Dec Sat BTC is resting below 17160 resistance. It might be that supply is being consumed and we can see pump above it. If it does so on high volume we are bullish for the rest of the week and can set limit buy orders at this level. It can also mean that BTC doesn't have strength to pass by it. It all depends on SP500, which is also resting below it's supply...

nopanic42025

2 Dec Fri There has been some consumption of supply above 17160 already. This level can easily be broken to the upside, but currently market doesn't look strong. Price goes up in compression with long wick being created on the upside which can lead to drop.

nopanic42025

2 Dec Fri In case of SP500 ranging we might see BTC falling down to around 16500 which is first cluster with high concentration of volume and bounce up from there.

nopanic42025

2 Dec Fri I'd expect more ranging today. Yesterday's price created compression upwards and closed below the open. We might see price dropping again to 4050. Breaking below is sign of bearishess and possible fall trough illiquid area down. So far price is eating up supply zone. If we open above yesterday's highs and price stays there within one hour of the open we...

nopanic42025

2 Dec Fri Yesterday we have seen price bouncing off it's first supply zone 4100. Momentum from previous day has helped to keep the price high. Bouncing down to grab some liquidity at 4050 and continuing slow climb up. From classical PA perspecitve we have closed above 200 EMA and a year old sloping resistance. With strength. Soft landing might acutually happen...

nopanic42025

30 Nov Wed Breaking above 16750 is good sign for the bulls. If SP continues to move up today there should be another rally on BTC. In the event SP hoovering at the range bottom BTC will most likely fall down to 16500. High concentration of volume at this area should produce a bounce up. Bias bullish with possiblity of fall down to get more liquidity.

nopanic42025

30 Nov Wed At the beginning of the week price wicked down as expected. Yesterday behavior of SP500 was difficult to read, as it looked it's gonna break below the range, retest it from the bottom and fall down more. Instead bulls managed to push the price back to the range which indicated continuation of bullish scenario. After SP closed we have seen a pump that...

nopanic42025

30 Nov Wed There was 4h candle close below the range, but the range was defended by day end with close inside it. Most likely actions for this week marked on graph.

nopanic42025

30 Nov Wed Daily candle showing bullish potential for the day and this week. We might see another day of hoovering around range bottom - that will indicate price weakness and possible fall down to 3900. Or more probable open with a gap below and run up to the range high. Possibly breaking above previous high.

nopanic42025

29 Nov Tue Currently price at the bottom of local range. MS points upwards and creation of new higher high. Bias for coming days is bullish unless we break and close at least 4h candle below the range, then continuation of the fall is expected.

nopanic42025

29 Nov Tue Yesterday price fell down to bottom of the local range. We can see two types of play in the coming days: -price breaks below the range, this can mean fall to 3900 and another bounce from there or breaking the 3900 and free fall tp 3800 -price bounces of the cluster at the bottom of range and goes up to 4085 where it will react down

nopanic42025

27 Nov Sun Yesterday's trade played out well. We have also created more of a new structure with higher lows. Resistance at 16580 has been touched many times and could easily break to the upside. Safe play would be the marked on the chart bullish O/U pattern. Price wicking down to get more liquidty before the rally makes a lot of sense.

nopanic42025

27 Nov Sun Price within local 4days range. Low volume as usually on the weekends. We haven't broken the MS to the upside which isn't promising for the bulls. Tomorrow's SP500 should be bullish, if market agrees on that the price should position itself above local range with possibility of run up to 17160. As it often happens in such situations we might first see...