Low IQ effort with more alpha than 80% of charts and oN-cHaIn aNaLySis out there. Simple yet punchy view of what levels are key in this macro range.
In this video we take a quick look into the incoming technical resistance levels and their confluence with the orderbook. Unless the book change shape over next days at the moment everything points we may try the 44-45k range and then get rejected into possibly 37 or more extend at 35k. where I possible can be wrong: - rejection is not as strong sicne new orders...
This chart contains what i think to be the most important technical ranges as target zones where price can see serious pullback or trend reversals. The current momentum and volumes is looking good. Be aware of possible pullback. If it trade bellow the described entry zone i think is good to de-risk and wait until it regain the level OR i dips into the buy zone...
Serum is looking primed to keep printing higher. It broke some technical levels and showing ongoing momentum and volumes. Check the video for my thoughts and technical levels to look for.
As we keep printing all sorts of shenanigans is important to realise that Bitcoin has not dumping hard on bad news in last few weeks. We keep trading above 35k and we have the orderbooks plus futures showing promising data. Being placed towards the short side or being entirely sidelined is a risk of missing a possible sudden major upside move. As i describe...
This chart looks nasty and that is paradoxically good. There is good enough probability that ARKK found the bottom with strong volume reaction and price sitting at .7 levels from the highs. At least bottom probably is found around these levels after a very violent 59% drawdown from ATH. It is a bit early to tell but so far those macro selling volumes are...
Current global macro apparatus is forcing gold into being more bullish than anticipated. With US and the world on Russia's FX Gold Reserves we are seeing live the change of the monetary system starting to be repriced in commodies like GOLD, Oil, Gas, etc. The US Dollar is completely losing credibility as consequences of these monetary sanctions and it will have...
There is a lot of hype around gold bull market recently. But with the rise of Bitcoin as the ultimate store of value. Can gold maintain its legacy of preferred long term store of value any longer? The 3M chart is showing some signs of concern with a very clear macro bearish divergence. I see trading bellow 1678 as an early bearish level and 1500 as support...
Got request to make an update on HEX. Here's my thoughts on this chart. • Structurally speaking makes sense to long here at technical support levels because it offers good RR. • From trend and momentum things still look grim despite ongoing bullish divergence BUT macro trend still look terrible so any bounce likely to be short lived. Generally speaking better...
Hey guys. So we bounced nicely from the 35's as described in previous video and on top of that we now seeing strong demand coming from the Russian Rubble trading pair which is backed by volume and hitting some important technical level equivalent to the 58-60k range in the USD pair. In the video I walk to the next technical levels I am looking at and discuss why...
This is my macro accumulation take. If we pay attention to volumes produced between 28 and 35k any time between now and Jan 2021 we see most significant volumes were produced at these levels. When Bitcoin rallies above up to 69k we never had any significant FOMO/Upthrust rally kind of volume. They were basically not euphoric nor... distributed. Most money was...
This extended price bounce back into support isn't looking that impressive for bears. Most data still looking bullish despite annoying price action. In the video I go through the usual routine and walk to a few of the data points why I'm still bullish here.
OK Bitcoin is breaking into some important technical zones quite fast. The 38.5k level now become the invalidation level. We could see bounce into 40k but be aware that Bitcoin bull markets are not forgiving for those wanting to buy the dip or allowing short sellers to TP or break-even their positions. In this video I also give more extended time to talk about...
The market is very divided about if this is the bottom or not specially in light of macro uncertainty going. Check the video in full where I go trough my current reasoning on the subject. As usual we go trough some talking points like futures data and order-books books as well to make it interesting. Reminder that my opinions are subjective and not to be...
We just hit another major support level. Those doing "buy the dip" kind of strategies this seems great opportunity to add to the stack for the long term. I'm certainly buying here. Can we go lower? absolutely. The break of the 40k came faster than expected and open the door for other lower technical levels as we continuously don't see strong fear or bearish...
Solana is still looking pretty nasty. I don't like the volumes at the top and any bounce around the current range is ideal to look for short entry setups. I do not think is yet any good idea to buy spot since no one else isn't either as per the lack of volumes. My views would be invalidated is it sustains trading above 145 range. Can it bounce here? yes?...
I see no compelling reason to be in altcoins. The risk is simply tremendous at the moment. At least while we don't regain that 960B area or see test of lows producing significant volumes. Yes we can see pump from. this weekly candle but ask your self what are the odds it is a death cat bounce and reverse strongly bellow support levels right into very lower...
We are sitting strong at support levels. Yes we are seeing some sideways with up and downs but overall the PA and volumes at currently levels is looking more bullish than bearish despite the amount of bearish sentiment out there. We keep seeing people calling for 30k and 20k levels. I think at the moment conditions are leaning more bullish despite the ongoing...