Good morning team!
BTC/USD - Update!
Price is still ranging since hitting the $25K region of resistance.
Today's move was a swing failure pattern taking out the liquidity that was building up since last week.
The fixed range volume gives us a good indication of where the important levels are located. If the price loses the POC, then we look for a test of $24250, which is the value area low.
For the bullish case, I would want to see a clean break of the value area high $25K and ideally flip this as support
BTC/USD
Liquidation levels there is still a lot of liquidity below, which could get taken before a move. However, the movement up first, followed by the action down, is the scenario I prefer, as this will wreck the most people
Market today calling name ONG . We pump to the top 1 gainer 🔥
Just got $20M we pump more today . Maybe $30-50M
ONG moving high and higher 🔥
BTC/USD
With liquidity near the weekly level, this could see price action have a pump towards the weekly level and take the liquidity, and if we get rejected, make that move down towards $21000. I have squiggled a line on how it could play out. I will update you if the price deviates from the above
BTC/USD - Footprint chart.
Over the weekend, traders got aggressive on the shorts; this is shown as an increase in the negative delta. However, despite a lot of new shorts coming in price, it has still matinee a higher low market structure and, in turn, formed a Bullish CVD divergence. To negate this, the price will need to break below $22400. This is another confluence we have not to short unless support is broken
Link/USDT - Still ranging sideways. The longer this goes, the bigger the move if the price breaks the $9.30 ceiling. This is a coin to have on your watchlist for the next altcoin run
Читать полностью…SOL/USDT - Price is currently beneath diagonal and horizontal resistance + daily 50 MA. I will not consider longing here unless resistance flips into support
Читать полностью…BTC/USD
Update: If you watched yesterday's video, you would know that price action played out as expected, with a surge toward the $24K upon the release of the Fed rate hike. Yesterday's high took out the January high, forcing a lot of shorts to liquidate their positions.
We have a potential swing failure pattern if the price fails to close above yesterday's high. Local support is located at between $23200 and $22700. This is where we saw most of the volume accumulate within this range. Further down support is located at $21K, an area that we have highlighted at the start of the week
@Whalescryptovip
Theta/USDT
I am looking for a move down to a level of support to look for a long opportunity. There are a few confluences at $0.87 -$0.89, which is the zone I have marked out.
Target previous highs $1.34 - $1.50
Stop loss a break below the level of demand $0.83
@Whalescryptovip
BTC/USD
The order flow was the critical difference in yesterday's analysis, with the bullish CVD divergence playing out and the price taking out the previous highs.
Currently, the price is finding support at the range POC which will be crucial if lost and backtested as resistance; this could lead to the price going lower
We also have daily support located
These will be the two levels I am watching for today's trading
BTC/USD - TPO
This chart considers the amount of trading activity based on the time. I merged the current period of sideways price action, which gives us the TPO point of control $20750 and the Volume point of control $20900.
I would expect these two levels to act as support and resistance in the current range
@Whalescryptovip
BTC/USD - Daily timeframe
A break above $21400 would likely tempt a lot of traders to begin aggressively longing but the $22800 is yet to be tested and looks like a prime area for swing failure pattern
@Whalescryptovip
BTC so far update :
The price trying break last Resistance($25200) for go $26000 - $27000
I think tomorrow it will cross your target. Now I'am still holding position long BTC from there. 🐋
https://www.tradingview.com/x/6TFGWpRU/
BTC/USD
After yesterday's move to $25200, it's normal for the price to retrace.
We have multiple resistance confluences between $24300 and $24600, which, if rejected, makes a case for further downside stronger. Break above this; then it's likely we will break $25K
Currently, where the price is located doesn't make for a significant risk-to-reward trade would rather wait for the zones of interest to be hit
Upon the release of the CPI data, we saw the Dollar dump and risk on assets react positively. As the trading session has progressed, Stocks and BTC have retraced. BTC is currently finding support at the local 0.618 Fibonacci
Читать полностью…BTC/USD
There was no sweep of the lows which gave us no opportunity to long. I expect $22300 to be now flipped as resistance as this was also the value area low of the range.
I still have my eye on $21150 as the next level of interest if we fall lower. Will only flip bullish if $22300 is reclaimed as support
BTC / USD - Liquidation Heatmap
There is more liquidity above than below which could see a price take before we see a more significant move. Levels to watch $23500 - $23700
BTC/USD - Update
Nothing has changed since last week's update, with the price still ranging between $23700 and $22500. Currently, the price is testing the value area low as support. This zone has been held as support since entering this range. I wouldn't look for a short here unless this level was lost as support. We now have a new weekly level at $23740, which is where I expect the price to have some reaction if met. To see a higher price, this is the resistance area price that will need to break. For support, the $21000 is still very much in play only if the price loses the value area low as support.
DOT/USDT - Price is still looking strong. Looks like we could break $7 soon. This is a level I am not looking to open any new longs as its resistance
Читать полностью…ETH/USD - Strong breakout from the triangle. Price is now finding resistance at the September 2022 highs. $2000 is still the level that will need to be broken before we begin talking about higher timeframe reversal
Читать полностью…APT/USDT
The coin of the moment and the coin everyone is talking about.
Where is potential support if we retrace?
The two zones I am watching are $16 and $11.75-$12.00
The lower zone is strong support, in my opinion, as this where price consolidated before it's moved to a new all-time high
@Whalescryptovip
BTC/USD
If we get a pullback, this is the zone I will focus on for a potential bounce.
Two daily NPOC + Previous Range POC.
If we get no reaction here, then I will look for lower
@Whalescryptovip
XRP/USDT
XRP hasn't moved much compared to many other altcoins.
If the price can break the $0.40 value area high of the current range, then we could expect a move up to $0.45 to fill in the inefficiency left behind from November last year
@Whalescryptovip
BTC/USD - Footprint chart
On the order flow chart, there is a Bullish CVD divergence forming, which could signify a more significant entity absorbing all the market shorts coming into the market at these highs. A break below yesterday's low of $20300 would negate the bullish divergence
@Whalescryptovip