As discussed in previous video due to short pressure coming from Binance we end up breaking the 23.1 control point and now developing all this weird annoying and utterly boring price action while funding rates and swap to spot basis are trying to get rest back under or at least at the basis . As usual in this video I walk through what is looking good what is not...
Bitcoin is trading back to the 23.1 control point. Structurally speaking, while it keeps trading above it, I see it as good. But when I run through some other factors like orderbook liquidity and futures, there is some ongoing sell pressure, especially on Binance. Now, this sell pressure is in my opinion, just short term. Overall, I see that the Daily and Weekly...
The bull never LEFT! While keeping trading above 23.1, we are in business, heading toward the 2021 yearly open level. The books look strongly aligned with the ongoing trend and price structure. Check the video for my overall overview update. As usual, talk briefly about funding, order books, futures term structures, and price chart.
Under 14 minutes (U14) update. In this video, I walk through the significant bidding sitting under price down to the 20.5k and talk about what is going on with Futures and positive change in some of its data. I revisit some of the technical levels I discussed in the previous video, which remain intact. While we trade above 19.4k, we are still sitting in a...
Welcome to another "Under 7" minute Bitcoin update. The 23.2 is currently a very useful control point where trades in both directions can be taken with very clear nearby invalidation levels. As I walk through the video, you can see how the orders in the books are currently shaping especially around the nearby 20.5 range I'm still currently Long biased...
Welcome to my new "Under 7-minute" series updates. Will try to bring these shorter videos more frequently and then make the weekly or bi-weekly under 14 mins covering a bit more data. The "investment strategy" currently remains to look for Long. However, is important to understand that doesn't mean we cannot see a pullback from where we are currently trading as...
Bitcoin is still in bullish territory but is currently showing some weakness at resistance. Trading under 22.7 is an excellent criterion to de-risk and wait to reclaim above it. While under the ideal bidding, price levels sit at 20.7 or 19.8. Funding Rates look bearish but are the only datapoint in don't like. check the FULL video for my broader analysis!...
Hi everyone. Hope everyone having great fun with great PA since the start of the year. We just hit the 23k technical resistance levels and the books as discussed before building up some pressure between here and the 25k. The ongoing momentum is very strong and any mark down from here I'm currently seeing as just a liquidity recapture pullback before breaking the...
Alright. Some positive PA going as we break above the 17.1 key range. One thing that is looking weird thou is Volumes so keep that in mind as moves are not getting backed by volume. While we sustain the above 17.1 it we are in bullish territory and I'm assuming a potential target of 23-25k despite the big important 19-20k technical range as the books seem not...
Hi everyone. Thanks for your support and engagement in my last video (link below if you didn't check it). I thank mods for the "Editors-Pick" selection. So we break the 17.1 very fast toward the 20k target range. Next, up target site is between 23-25k. and possibly retrace here into that 19.4 region and another minor but more aggressive/less likely pullback...
Wish everyone a great 2023. Hopefully, also be better than 2023. To start the year in big. I spend the first good minutes of the video talking about Bitcoin ordetrbooksm, futures & options metadata, and then finally the chart. While we remain trading above the Yearly open I'm bullish about visiting the higher range. But that data is mixed with some implied...
Not much has changed for Bitcoin. Price and Time discovery with sideway shenanigans on intraday lasting days and weeks. While we trade under the 20k things look grim. The movement Bitcoin decides to test the 23k resistance the 20k will need to behave as a reliable support for it to show a possible bounce toward the 28k region. The macro weekly trendline is...
Bitcoin failed to sustain above 17.1 in another nice fakeout. In my opinion just trying to delay the inevitable. There is substantial demand on the bid and sellers at the moment seem exhausted. As discussed in the previous video Options expiring in December carry the highest Open Interest of all contracts and the max pain zone points to 19k which sits at a...
Alright, another update packed with useful and interesting information related to price, orderbooks, and futures data. I see this as a nice rally but I still don't have strong reasons to call the bottom. In the video, I go through some pure technical points why I am not buying the bull hopeium but outline possible target zones where Bitcoin is likely to test...
Bitcoin is back into sideway PA. Macro trend and lagging indicators still looking bearish. However, I see the chance that while trading above 16.2 we have shoot at trying the upper ranges like 17.6 or the 18.4. Check the video for more nuance talk through some of the data I look at and the technical structure I am currently paying attention to. If you want...
Following previous vid on DOGE we fell into technical demand zone. In this videos I go through the technical levels that are worth pay attention and made decision on. Overall I don't have macro bullish outlook. Doge may push into the 0.106 range and then completely retrace. But my opinion of what I think will happen matters little. What matters is to observe...
In this video I go through the datapoints that require concern for those looking to blindly long DOGE. I talk essentially about volumes vs momentum factors, technical structure of price and some of the derivatives data. Risk, money and emotional/behavioural management are the most important aspects of being successful in the long term. Take RISK Management...
Start my market commentary video with some macro trends structure and how to use simple trendlines to effectively define a ruleset system. I share my squiggles lines with my hypothesis on how price possibly could move and where are best pivot zones to make decisions. The orderbooks is brought up to identify the organic positioning around certain price levels...