Daily Trades & Plan

25.07.2024

BTC analysis and Data

• BTC is still within its value area 1 that was talking the last few days.
• 4H trend is not shifted and we are downtrending.
• 200-EMA should act as support , is not tested yet.
• It is holding the daily order block and testing the 12/21EMAs on the daily.
• MACD has decent momentum to the downside!
• Daily bands are green , do not forget we are on a daily uptrend, looking for long opportunities today!
• We are on an area where we can bounce off even slightly.

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• KEY LEVEL: 63982$ if we lose that BTC is getting worse. THat is the daily Shift level of the trend.

Charts: BTC 4H

Data Analysis (15m chart)

1. OI → We notice that the OI is following the price since midnight , but at the moment we have a Divergence which is an early signs of reversal potentially.
2. CVD spots and futures→ SPOT and FUTS selling pressure in harmony with price. SPOT leading the move, More outflows? Will have a view on the ETFs on next slides.
3. Liquidations→ longs got rekt! but the altitude is not that high 47m. Pretty normal
4. Heatmap→ No significant levels
5. Funding rate → Below neutral , pretty high under those conditions.

Data Analysis: 15m BTC

Liquidity Heat map

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ETF flows:

Low inflow today for BTC while outflows of 133m on ETH, nothing to comment. This can probably be because people do not trust ETH etf yet.. so they want to stay on BTC?

Trades & Paths short term

• I am trading with BOS system – Yesterday path idea was accurate.
• Few paths on BTC (using 1h and 15m) - GREY box is the 12/06-23/06 value area and black line is the VAH (link)

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• Orange path→ -
• Black path→ Give one more attempt to sell off and squeeze out all the shorts closing the gap above
• Red path → start squeezing the shorts from here and sell off later on
• Purple Path → Accumulate and sell off. (aggressive sell off, we need a catalyst for that)

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Charts: 15m

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