D7R

19:50

D7R

Hi guys since previous idea/post got so much engagement with different opinions. Here's a bit more further thoughts on the TOTAL3 chart. Again. I'm thinking in terms of probabilities and risk reward in the context of the macro trend. I am not focusing on the daily and intraday moves here. Let's look at this structurally.

19:43

D7R

Macro timeframes are looking really bad. But they don't necessarily imply yet a bear market. There is good case for a macro trading range in development. We broke bellow the Quarterly Open from October and we are currently trading bellow the Yearly open currently sitting at support between the 40 and 42 range. There is good chance we bounce to retest the yearly...

19:56

D7R

Strong support base remain unchanged while we keep tapping into these lows. Books are super liquid on the bid side from 45 down to 39k. Strong possibility of revisiting lows at 43.9k quarterly open. Funding been relatively flat leaning negative with brief flips towards positive. But perpetual swaps basis keep more consistently trading bellow spot. General crypto...

19:47

D7R

There is general fearful sentiment in the market that is sounding bullish to me and on top of consistent consolidation at lows. Funding rates more or less flatlined and keep going back and forward but swaps been trading consistently bellow spot, specially Binance and OKEX. Which is good news. Futures also showing some strength in the premiums while price marking...

12:59

D7R

I recommend anyone to take a look at my previous videos where I cover points I didn't cover in this one. but in the one we revisit the technical levels I am looking at and their confluence with what the books are telling at the moment. Reminder that the nature of the books is like a living animal but so far it has been quite steady. What we need to see is that...

19:56

D7R

I don't think so. But that doesn't mean we cannot revisit lows because it is likely we will do. We are possibly looking at a complex trading range. Worse case bullish scenario is revisit the 37k range and still look like a bull market on the weekly and monthly. I would be more concerned if price trade bellow 37k and funding rates in the perpetual swaps...

20:00

D7R

Very welcome correction that flushed around 9B in open interest from the Futures. A drop of around 40% from the local high. This is good news considering that massive rejection we got around 42k. Now we need to be aware that there is ongoing downtrend and momentum pressure but structurally speaking and from the what we can observe in the futures is looking...

19:57

D7R

In this video we take a look at usual technical levels and what is looking good and what is not. I'm not yet seeing structural and momentum strength coming from PA at the date of this video despite the move from 53 to 58k. I didn't have time to cover many other points put hopefully it helps viewers to developed other nuanced interpretations of the data...

07:21

D7R

A good time to stay away while no strength is shown from a technical structure perspective and volumes don't show up. Any "buy the dip" propaganda should be taken with extreme caution. In the video I walk through some of those points.

20:00

D7R

Bitcoin is finally hitting support levels described in previous video. I think I extended myself and didn't cover some things i usually do. Remember that purpose of video is really to help develop critical reasoning in different contexts and not necessarily provide anyone my directional bias.

14:45

D7R

Price is currently looking somewhat weak and the books are very crowded on both sides. My assumption is that the market believe 58-60k is strong support due to monthly opens but there is also a good chance we see a bear trap by visiting bellow 58 and incentivising panic sellers to jump in plus plenty of stops just under the 58 down to the 54 range. Watch the...

D7R Updated 

Bear trends is now in place as technical targets got broken. Basically it is good time to stay out of this. Outlining some of potential bouncing support zones.

19:56

D7R Updated 

OK Bitcoin is looking good. In this video I talk through the fact price closed above monthly down-candle opens and so far trends remain healthy. Quick glimpse through the books show some resistance at the 70k range as discussed in previous videos and that after recent moves at the date of this video liquidity from 67 to 62k is a lot a bit more flat at the...

D7R

EOS is looking primed to break the range soon. RR seems worth the setup here.

19:56

D7R

We technical broke the ATH but some signs from futures & options that require caution about taking long positions here. We have altcoins with random pumps going on and futures markets extremely extended Open Interest wise plus positive funding rates. Most perpetual swaps still trading consistently above spot and sudden spikes on CME open interest are registered....

D7R Updated 

ARKK currently in a no-man's land. But there are some signs of weakness showing up. It looks like it is better to stay out of ARKK for now. Next major supports around 95 and 70. Confluence between monthly opens and 50% retrace levels.

19:37

D7R Updated 

Get some popcorn and watch my subjective interpretation on why current price action is not looking good at all despite the ongoing mark up. Some talking points include: • Volumes • Monthly and Quarterly Charts • Orderbooks and order clusters • Grayscale Premiums • BAKKT and CME Futures basis premiums • Options Put/Call open interest distribution and...

16:42

D7R Updated 

Bitcoin showing signs of live with impressive moves in short period of time. The liquidity presents in nearly all exchanges between 37-and 40k was sufficient to spoof weaker bears and let bull take control.... for the moment. We just broke the 47k resistance which is significant and that is why we also produce some great volumes and liquidations along the...