There is strong going demand. Intraday Volumes at lows are looking great and the Daily seems to picking up a nice steady grind. 37k is a nice bidding area in case of retest of lows to create a bear trap. Remember that this is also a probability. Futures also showing some ongoing strength and Swaps trading bellow spot which implies strong demand coming from spot...
Cardano saw impressive bull run to become one of the top 5 high cap coins over the past months. However, like most alts it starts showing some weakness specially when we take in consideration the decline in volumes. In this video I walk through the high timeframe charts to draw some technical levels that I consider important to look at.
Solana price action is currently looking weak specially when we observe the declining volumes. It's currently sitting right under a important resistance range.There not are good place to place new longs. Remember that everything is probability and we need to look for places where odds and risk-reward is more favorable. In the video I walk through some technical...
Ethereum and most alts are currently looking weak. That weakness is equally visible vs Bitcoin. In this video we walk through some support and resistance levels and what are possibilities support target levels. We also discuss where it could come structurally bullish from where we currently are in price and time basis. Since this a pretty much macro video....
Bitcoin is in a very difficult position at the moment. Low volumes, low volatility, books look like accumulation but keep flipping liquidity pressure up and down every 4-8h or so. In this video we also take a look into Funding Rates, Swaps/Spot Basis, Futures Premiums and Bitcoin<->Altcoin Rotation charts. Make sure to check my latest article in the links bellow.👇
Last video on DOGE got surprising great engagement and feedback. Thank you everyone! 🤝 So DOGE is currently at support but is it over? Current momentum is extremely weak but what is really more concerning is the lack of volumes. Not enough people are selling which could imply people handling their drawdowns with great strong doggo owner hands. If Bitcoin see a...
Bitcoin want to test higher but volumes overall still looking very weak to be considered bullish. Swaps keep trading back and forward but futures still remain relatively flat with normalised premiums (that is good). Funding rates currently favouring shorts as price mark up. Overall feel pretty neutral leaning bearish (even if we mark up to test 45k range). Daily...
$TSLA looks like it can still have another leg down. Testing around $660 then marking down towards $495 range for what i think to be a good bidding range. On the other hand if from here gets to $714 and find support at $652. That could become structurally bullish. But again the absence of significant volume signatures is a bit concerning. The weekly still...
This video could also be considered educational. It contains valuable lessons on how to structure the trend and price levels using my favorite tool, simple trendlines. You can apply this method on any asset and flexible to adapt trends as time progress. Gold is currently pretty much in uptrend with a possibility of a small consolidation before major breakout...
Volume signatures are looking pretty interesting at the moment and intraday show consistent trading like algos are farming all the bitcoin 😂 In this video I talk about the volume produced in January and how current volume are looking similar to write-off those at same levels. It really does feel we found support levels. There is good chance we will see strong...
ARKK volumes on 3D and weekly look particularly interesting. Nice V-shaped signatures suggest significant sell from weak hand into strong ones. There is however the possibility of a double bottom formation with lows around 94 but overall I think this correction has ended or at least pretty soon. Invalidation of this idea is trading bellow 90k until get above...
Bitcoin finally broke the trendline coming from the top and it's likely that is on a corrective pullback (not return to bull run) I don't buy the "we found the bottom" narrative just yet since we don't see strong volume signs coming from different markets, specially futures. Funding rates are also pretty flat at the moment which reveal a lot of uncertainty....
FTT is used to get trading fees discounts on FTX. FTT sees finally broke the downtrend structure and seems to be running towards the resistance. However, we don't have *strong* evidence that the bottom is in. Last FTT video:
Current correction going on as expected BUT more aggressively than expected. Chances are now in for a possible retest of 45k and new lows at 25k due to ongoing gaps visible on BAKKT and CME. The 25k range is also confluent with Monthly average of November and a relative 50% between the high/low during that period of time. Here's what I think might happen....
My previous video on cream was pretty bullish and I hypothesised the case for a stop hunt toward the 60k range. It went further than expect right into another support range. We saw pullback right into the previous support range.I also was assuming that Bitcoin was not crashing this hard so fast. Chances are that we will still see price discovery toward that...
CREAM is one of defi tokens that didn't see the light of a huge breakout. Things might change soon as liquidity will soon want to rotate from high performers to the lowest ones against the DEFI index. CREAM however suffers the unit bias problem which could explain the fact it barely moved OR early hype that faded away with price coming down (while market-cap...
Bitcoin was long due for deeper correction and we are finally seeing it unfold possibly for the reasons discussed in my previous video. Today, I take a look at the trend and some structural technical levels to be paying attention in the near future. Also cover liquidations, funding rates and futures premiums.
In my previous EOS video I forgot to cover Bitcoin. Let's take a look into major structural resistances EOS need to break to keep its bullish momentum vs Bitcoin.