D7R

20:00

D7R

After rejection of 48-50k range the target in my previous video was around 39-42k. We already meeting those targets but as books reshape and futures data is delivered to us we can see that open interests are still high while price coming down and on top of that the amount of liquidations so far are quite disappointing. We need so see some serious liquidations...

19:30

D7R

Fasten your belts we finally entered into consolidation market with some ups and downs along the way. To start I do not (yet) think we are in a bear market. This drop was necessary and long time coming after the slow grind on weak volumes and strong sell pressure coming from the books. Something I didn't cover in the video is the volumes on CME and BAKKT as...

D7R

HEX is flashing another high probability correction. I honestly have no clue how deep can the correction go but I outline the most significant zones. Important to note that this last rally up produced signifiant leading volume on the way up to the top. One thing that is still missing is a daily bearish divergence. Which we could get if HEX make a visit near...

D7R

LEO (Bitfinex coin) looks is gaining momentum here. Worth to explore setup here. Invalidation bellow 2.8 (but since this asset is quite volatile probably not good idea to have hard stop but instead ensure proper risk/size allocation)

11:33

D7R

Pushed this video just to add some remarks on the original chart idea

D7R Updated 

Dfinity just broke resistance range. Volumes also look good for possible uptrend. This coin got destroyed last months but it is now looking good for possible 330 levels (50% of whole correction from ATH) Marketcap: $12B (#17) Open interest: $6.97M Funding Rates: Flat

18:37

D7R

The books show significant cluster of orders between 50 and 52k. Right after up to 60k not much (for the moment). Which implies that a move very fast towards 60k could happen if we break 52k. Swaps trading consistently above spot BUT similarly like in the previous bull run from 10k. We have Binance and OKEX perpetual swaps trading bellow. This implies that...

12:38

D7R

This is follow up video on the idea published. In the video I talk trough the next important levels to look for. I forgot that 1.8 and 2.4 are also important temporary resistance zones where are are likely to form new weekly and monthly opens in the next weeks. Those are daily close levels that we should look for in the absence of weekly ones.

D7R

MATIC offering good chance will break into new ATH soon. D and W trend looking good as of now. 1.7 is HIgh/Low macro range equilibrium. Once that is broken chances we move fast toward 2.4 where is expected to find some resistance but potential further target at 3.9 Overall a combo between the Daily and Weekly trend will tells us if it is sustainable or not....

19:33

D7R Updated 

Let me preface that my views can change at any point IF I see evidence for such. In the video I walk trough the points that are making me feel that the probabilities are high for a possible bulltrap and we are at distribution levels. That are plenty of signs we are hitting distribution range YET this can be delayed longer than we expect has market makers...

13:04

D7R Updated 

Bitcoin sitting right under the 50k resistance. Books confirm a lot of sell pressure but above 52k that liquidity quickly disappears. This suggest this may be temporary blockage and the fact we marked up so fast on low volumes toward this ranges create condition for a consolidation where a lot of bear will show up and short the derivatives market. We already see...

18:08

D7R Updated 

Market Makers are now in control as we can see with those Bart patterns forming up as demand faded away and supply is also weak. We have strong orders in the books around 47.5 and 50k acting as major resistances across the board. Swaps now showing more frequently trading above spot which implies bearishness BUT we don't have yet the structural daily trend from...

12:02

D7R Updated 

Bitcoin is getting ready for a possible correction. In this video I go trough the books, talk price levels to look for and also very briefly talk trough some futures data. Next video I will cover some other points like futures premiums and swaps v spot basis or finex long/short ratios.

15:08

D7R Updated 

After reassessment of the charts, volumes, books, perpetual swaps vs spot. I think I was absolutely wrong in thinking we are were running into a bulltrap at 47. I do not think that anymore due to the ongoing strength coming out of coinbase. That strength is predominately huge buy (real) volumes. There some resistances at 47 and 49k (close to the psychological...

18:23

D7R Updated 

Bitcoin is currently widely claimed as back to the bull market by popular youtubers that are calling the bottom and that are 100% long. On top of that we have a bubble popping out with a boom of Glassnode analysts selling millions of newsletters with in-chain data that everyone sees. "Institutions are buying/accumulating" This is alarming to me. I tend to...

D7R Updated 

Spot volumes and books suggesting strong accumulation. Futures are also showing tremendous interest at these price rages. Good odds we have bottomed out. As such looking like good place to buy spot before major break or retest of the 45k-50k. I personally don't like these long term projections because I'm more a trend and price structure kind of guy. As of now...

D7R Updated 

In this chart we see direct Bitcoin comparison against M1 money supply. Never broke the ATH and is currently sitting at a wide technical support level. There is a important resistance range at 3.24 and secondary support level at 1.25.

17:40

D7R

Hello Kings! 👑 Bitcoin is looking good. We broke significant price levels and are now facing a healthy pullback. I would assume a lot of stops moved into 37k range which makes bidding anything between 35 and 37k as great buy zones. In the video we walk through the significance of 35 and 37k support levels and the 45-47 range and general multi timeframes. We...