BTCPERP
BTCUSDT potential long.A birdy once told me to buy amongst the fear and the chaos. Although we may see choppy markets while consolidating I do believe this is a low for BTC and has a high probability it will bounce after grabbing liquidity from the demand zone. This should bring some of the major alts back with it & ETH. Do not panic sell! Do not be scared! That energy news FUD from Elon is blatant market manipulation and has facilitated this demand zone and liquidity pool to be claimed and very fast. Accumulate more crypto if you can this is by no means the end! Reversal market structure on lower tf too can be seen. With a hidden divergence on 4 hourly. 59k seems reasonable at least. I under estimated the influence one man who could have on the markets perhaps I had forgotten about Donald trump and those forex days aha. Happy trading, trade safe. Higher risk on leveraged positions, markets will be choppy while consolidating so bare that in mind.
NGS
BTC - I believe in pump!They say its over. Maybe I am wrong but I believe its just start of big growth.
Bitcoin (BTC) • 360 view of the market A walk trough several aspects of what is currently going in the market and why I don't feel this is looking good at at all. Things can change in any moment nonetheless.
We look into Coinbase chart, COT, Futures Premiums, Perpetual Swaps Basis & Funding Rates, CME, BAKKT, Grayscale and brief look of Options.
NOT FINANCIAL ADVICE
BTC 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
We are in a beautiful zone for BTC !!! Both options has huge R/RAll clear on the chart ! I'm bit more closer to long because of the fib macd indicator.
Bitcoin (BTC) • Caution with these pumps towards 58k-63kIn this video walk through the points why I am currently leaning bearish in the short term and where would be invalidation situation to become structurally bullish.
Note that I am just talking near term since macro trend such as monthly is pretty bullish still. This means for DCA investors have great chance to DCA into cheaper bitcoin.
Weekly trend now leaning neutral towards a corrective move.
BTC 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
BTC 4H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
Bitcoin (BTC) • Up onlySo bitcoin came into the 55k and bounced exactly as speculated in my previous video.
Now the key is this current ongoing price sustainability above 58k.
That means that we now have good directional bias and invalidation of that would be price trading und 58k again.
One note that funding rates are still very high and so are swaps V spot basis. Futures premiums also keep rising and December contracts current sitting at more or 23% premium. This is is the only think that make me uneasy about (new) long positions at current levels.
However, market in general is bullish with weekly and monthly trend pretty much very bullish.
BTC 4H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
BTC 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
Bitcoin (BTC) • We are about to reset funding rates before...Bitcoin is likely to see a small drop to 55k and in most extreme scenario around 49k.
This move will bring a necessary reset to Perpetual Swaps and Funding rates as well as a small flush of the premiums in the Futures market as December is currently trading in contango at 22% premium.
Options by the end of the month show significant interest around 80k and some bears expect under 60k. Chances are we end up above 64k by EOM.
BTC.USDT (Y21.P2.E6).Descending Broadening Wedge targetHi Traders,
BTC demonstrates over and over as being a technical organic chart.
Hence using the descending broadening wedge approach, I have my target for the short term.
This is not to say BTC will not move sideways but most likely it will move up.
What's gong for it?
Price closing above 55500 on the daily.
Price currently above the 10 and 20 daily ema
Note the fractal and how the 34/50 blue ribbon daily ema plays its role.
or the weekly 7 ema.
All the best,
S.SAri
Bitcoin (BTC) • Continuous consolidation while under 58kBitcoin corrected right into 50k discussed in previous video. Now we take another look at what are the best probability scenarios.
BTC 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
Bitcoin (BTC) • Futures and Swaps reseting with the correction There are ongoing signs of weakness while we don't see price sustain above 58k.
Futures premiums were extremely high and now seeing a bit fo normalisation as price retraces.
The 50-52k range is a zone of interest and high probability support (with wick extension towards 49k)
Perpetual swaps are now starting to trade more consistency bellow spot pushing funding rates into zero or negative.
Check the full video for my thoughts on it.
