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Daily Trades & Plan

12.06.2024

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BTC analysis and Data

  • BTC bounced from the range low and seems to reject the previous VAH on the consolidation marked on the box.
  • We are currently testing the 2021 ATH and flipped the monthly level.
  • We can either reject or break through level and find support on the monthly open.
  • 4H EMA got tested and 1h got flipped. I don't see a move without testing the monthly open level.
  • This level will show us the path in the next few days
  • Daily bands are in line with the price action.
  • RSI : No divergence on the 4h trend
  • MACD: Crossed in 4h the signal line
  • KEY LEVEL: 66.000 the ultimate key level that we must not lose to stay on this range.

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Charts: BTC 4H

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Chart: BTC 1D - UPTREND

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Data Analysis

  1. OI →Since yesterday the OI was dropping meaning that the market gave up on this move. Today started rising but as we can see many shorts got fucked on this move right here as people thought we are going lower directly. (we might be)
  2. CVD spots and futures→ SPOT leading the price here which is good sign and FUTS following now
  3. Liquidations→LONGS got rekt on the move yesterday trying to defense theirselfs and shorts got rekt today trying to short (big spike today )
  4. On the heatmap→ I think we are just ping pong between the liquidities on this range
  5. Funding rate → still below neutral , good sing

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Data Analysis: 15m BTC

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Liquidity Heat map

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ETF flows:

Yesterday we had outflows, so market reacts per CPI numbers which were lower. Bullish sign for the market

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Trades & Paths short term

  • I am trading with BOS system
  • Few paths on BTC (using 1h and 15m)

  • Orange path→ Consolidate here at this level and try to break higher.
  • Black path→ Reject and retest the Monthly open
  • Red path →-
  • Purple Path → Reject and nuke down on montly open and lose the level as well

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Charts: 15m

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Coins on my watchlist:

  • $MOTHER plan is playing out perfectly https://www.tradingview.com/x/sXmiBV4W/
  • $APU I ll leave it for some further accumulation before it breaks out. I am already holding 20% of my position , I will add more at this level if it holds more.https://www.tradingview.com/x/cpSbPt5s/