Asymmetry

2022-12-14 17:31:09 BTC/USD

A couple of weeks back, I posted about this potential scenario playing out, and so far, it's going to plan, with the price now approaching the higher resistance level.
After spending the majority of December below $17k, it's easy to get carried away after yesterday's pump.
For me, the most important level to break is $19189, as this was the point fo control of the range before it was lost. Also, as mentioned before, we have the FOMC at 19:00 UTC which will bring some volatility to the market.
If we see a rejection above, then this is a continuation of the trend Open / Comment

2022-12-14 14:09:58 ES1 - S&P Futures

Yesterday we saw the first of the two major economic events, with inflation coming in lower than expected, which gave optimism for a slowdown in interest rate hikes.
Stock markets and Bitcoin had a bullish reaction upon the release of the news, with the ES1 sweeping the 4173 high.
Today we have the FOMC taking place in which the FED will decide on interest rates. The consensus is we see a .50BPS hike, which could be neutral for markets but with the dollar at support and the ES hitting resistance, are we now about to see a reversal for the dollar and ES1 Open / Comment

2022-12-13 00:16:49 ES1 - No reaction upon hitting the order block with price slicing straight through it. This could now become support ( bullish breaker) if backtested and held, then we could see higher. This should also reflect on the BTC chart Open / Comment

2022-12-12 14:55:24 When we have major events like FOMC taking place, the most important thing you can do as a trader is have your levels of interest already marked out. This allows you to have a plan in place when the volatility of the news is over Open / Comment

2022-12-12 14:52:37 Major economic events taking place this week can cause volatility in the market. Trade safe Open / Comment

2022-12-12 14:52:36 https://twitter.com/Investingcom/status/1601940835146567680?t=A_oRjnuqzTSCHZzEJcgnPg&s=35 Open / Comment

2022-12-12 14:36:17 BTC/USD

Friday's analysis played out as expected, with the bearish CVD and drop in open interest giving us the heads-up that a dump was imminent.
Now that price has broken the structure, we could see the price revisit the $17100 level before we see another move down.
$17100 has multiple confluences of resistance. Weekly level, daily NPOC + previous range value area low. My thoughts as we, if we approach would be to look for a short if we see price begin to stall. This could lead to price to test the $16800 which has not been tested yet Open / Comment

2022-12-11 16:10:58 Prize money was sent over to the winner. Now get ready for the next one Open / Comment

2022-12-11 16:10:58 https://twitter.com/Trad3rOfCrypto/status/1601927287175352320?t=b_CSxZmFcsPfWB47kJfUAw&s=35 Open / Comment

2022-12-10 18:37:56 And the winner is..... Open / Comment