LDO/USDT - Every time we hit this level of demand and break the trendline resistance, we see a move to the upside. This is one of the very few coins that held up during this dump, which is a sign of strength. If we break above the trendline, i will look to target the top of the range at around $3.20
Читать полностью…BTC/USD
Price got rejected off the Vwap a zone which was previous support.
I will look for longs only if this is broken above.
The other region I am looking at is $22700 for a potential swing failure pattern. If this level doesn't hold then the next region of the most confluence of support is $22000 down to $21600.
This is where the price consolidated before the big move and an area where we could see demand
Link/USDT
Nothing has changed; the price is in a possible accumulation zone approaching 300 days. Accumulation will be confirmed upon a break of the $9.15 ceiling. The longer this goes on, the bigger the move will be
BTC/USD - Footprint chart
For example, on that 30 min candle, when the price hit $25K, the blue colour indicates market buys, and by looking at the stats, we can see that there was positive delta on the move up. Those buyers became trapped and were probably forced to sell their position, which aided the selling pressure. For a reversal, you want the opposite happen at support. Heavy selling at support
DXY- Dollar Index
This is why I am not overly bullish on risk-on assets. The dollar has been gaining strength which has been reflected in a weaker stock market. The dollar is now approaching an important support resistance level. A reclaim would be bullish for the dollar, which will have a negative impact on the stock market
The bullish CVD divergence that has been forming over the past day shows aggressive selling into support, with the price still forming higher lows. The shorts at the support could be punished if we break $24100
Читать полностью…ES1 - S&P Futures
The stock market is approaching ascending support, where the 0.618 Speed fan is located. This is where if you're a bull, you want the price to bounce from. If lost, this could send the S&P back down to 3800.
BTC/USD
TPO chart
POC is located at $24600. This will be important to hold for the bulls. Otherwise, a move to $23K becomes more likely
BTC so far update :
The price trying break last Resistance($25200) for go $26000 - $27000
I think tomorrow it will cross your target. Now I'am still holding position long BTC from there. 🐋
https://www.tradingview.com/x/6TFGWpRU/
BTC/USD
After yesterday's move to $25200, it's normal for the price to retrace.
We have multiple resistance confluences between $24300 and $24600, which, if rejected, makes a case for further downside stronger. Break above this; then it's likely we will break $25K
Currently, where the price is located doesn't make for a significant risk-to-reward trade would rather wait for the zones of interest to be hit
Upon the release of the CPI data, we saw the Dollar dump and risk on assets react positively. As the trading session has progressed, Stocks and BTC have retraced. BTC is currently finding support at the local 0.618 Fibonacci
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There was no sweep of the lows which gave us no opportunity to long. I expect $22300 to be now flipped as resistance as this was also the value area low of the range.
I still have my eye on $21150 as the next level of interest if we fall lower. Will only flip bullish if $22300 is reclaimed as support
BTC / USD - Liquidation Heatmap
There is more liquidity above than below which could see a price take before we see a more significant move. Levels to watch $23500 - $23700
Many groups have been promoting a project called “ Degen Zoo " now, ask yourself, are they doing this because they did their research and have your best interests at heart, or are they simply doing it for an undisclosed fee they have been paid?
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Bullish CVD divergence on the smaller timeframe leads me to believe that we see a move up first, as everyone seems to be bearish at the moment
BTC/USD
Update!
Shortly after yesterday's post, we got a move up which was swiftly reversed soon after.
$23150 is local support, although now weakened after yesterday's move down. Resistance is $23552
This gives us a smaller range to play with to anticipate the next move. If we break and hold the daily, I expect a higher move to the weekly $24274.
If price losses, the daily $23150, then we could expect a move to the daily NPOC $22575
BTC/USD
Update! Potentially we get a deviation of the bottom range just like we had the highs. Always remember price is driven by liquidity. I expect a cascade of shorts to open if we break the low just like we saw a longs open up at $25K
We can identify the stop losses' location by looking at the liquidation heat map. Shorts will get wrecked at $24200, and buyers' liquidity is located at $23600
Читать полностью…BTC/USD
The price is still within the same range we talked about last week
Currently, the price is consolidating below the value area low, with a bullish CVD divergence forming. If we get a break of the value area low, then the next area of interest I am looking at is $24375 and $24600, which are the TPO POC and the range POC, respectively.
Support below is $23520
BTC/USD
Liquidation heatmap
The move up today took out the liquidity just above $25K. The other two areas of liquidity of interest are located at $26K
and $23K
Good morning team!
BTC/USD - Update!
Price is still ranging since hitting the $25K region of resistance.
Today's move was a swing failure pattern taking out the liquidity that was building up since last week.
The fixed range volume gives us a good indication of where the important levels are located. If the price loses the POC, then we look for a test of $24250, which is the value area low.
For the bullish case, I would want to see a clean break of the value area high $25K and ideally flip this as support
BTC/USD
Liquidation levels there is still a lot of liquidity below, which could get taken before a move. However, the movement up first, followed by the action down, is the scenario I prefer, as this will wreck the most people
Market today calling name ONG . We pump to the top 1 gainer 🔥
Just got $20M we pump more today . Maybe $30-50M
ONG moving high and higher 🔥
BTC/USD
With liquidity near the weekly level, this could see price action have a pump towards the weekly level and take the liquidity, and if we get rejected, make that move down towards $21000. I have squiggled a line on how it could play out. I will update you if the price deviates from the above
BTC/USD - Footprint chart.
Over the weekend, traders got aggressive on the shorts; this is shown as an increase in the negative delta. However, despite a lot of new shorts coming in price, it has still matinee a higher low market structure and, in turn, formed a Bullish CVD divergence. To negate this, the price will need to break below $22400. This is another confluence we have not to short unless support is broken