TraderSR7
753 posts

TraderSR7 retweetledi

$BTC Market thread Update, in partnership with @_WOO_X
Trade with me here👇
x.woo.org/register?ref=5…
$BTC Levels / Structure
Price still failed to sustain the bounce from earlier
Technically we have filled LTF inefficiencies on this dump
Two major areas for structure:
- $69K (previous ATH & Supply)
- $65K (mid range pivot)
I think it's extremely important for bulls to show up soon if a higher low is to develop
- Spot Demand/Absorption of sellers
The risk for this trend is weakness sustained below $65K
$BTC 4H Systematic trend
Once again price is testing the key 4H 200EMA & in confluence with 4H pivot area of $66K - $65.5K
Momentum for now seems to be towards the downside so defensive positioning till absorption of sellers has been seen
Previous bounce was a clean systematic rejection of 4H 21EMA & RSI 50 as well spot supply (nuke)
$BTC Binance Spot
Strong 4H resistance around $72K with spot supply & consistent limit selling into price around $71.5K
The good news though is increasing spot demand starting around $65K & significantly around $60K
Looks like large spot buyers are looking to be filled in this pullback
$BTC Aggregate CVDs & Delta
Still seeing pretty consistent chasing from limit sellers especially on LTF bounces (supply)
Takers are being forced to realise losses in this decline which has been adding to the sell momentum
local lows are often when there's limit buyers absorbing this sell flow as well the confluence of sell momentum weakening -> base structure




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TraderSR7 retweetledi

@CrucianKing1 @TXMCtrades @glassnode @sunnydecree Doesn't matter much. Otc desks are one of them. There are many unknown places . Where BTC supply is available
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WARNING: The #Bitcoin price is about to go parabolic! There's no OTC Bitcoin available while BlackRock customers are buying half a billion dollars' worth daily...

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@ColdBloodShill I agree but that was an Stimulative environment. I don't see such dynamics one such in macro view.?
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TraderSR7 retweetledi

$BTC Binance Spot
Note the ask wall above price, often if not filled by takers is used to bait takers to puke which pushes price lower
$BTC Binance Futures
Fairly obvious what the intention is here looking at futures orderbook, stacked perp bids and sizeable ask around the high
Weekend meme price action in the making


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TraderSR7 retweetledi

If you benefitted or found value from stuff I share…consider donating a small amount if you can afford to, to those less fortunate.
I believe in karma and one day we could be in need or need help from others. If we’re in situation to even help a tiny bit and don’t…then how can we expect others to help us.
If you can afford to…then consider donating. One of the ways I personally do is through @vortexics82. He accepts crypto and shows proof and receipts of what he does with the money.
A true man of God and even if you don’t believe in God…then humanity atleast.
Religion, race aside…we’re all human. I’m a Muslim but probably donated more last year to Christian orphans than Muslim ones. Don’t care about religion or race…just mankind first.
VORTE𝕏@vortexics82
💙🫂
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TraderSR7 retweetledi
TraderSR7 retweetledi

$BTC Weekly Open market thread, in partnership with @_WOO_X
$BTC 1W
Pretty inconclusive weekly range still, chop chop
$BTC 4H
Price is back at yearly open again & 4H/1D trend this is essentially the key area for bulls to hold else I would be looking for confirmations of bears taking control
RSI/Stoch showing relative weakness in current momentum, can change with spot buying which is when market orderflow becomes important
$BTC Binance Spot
Still fairly wide price range between pockets of limit bids & limit asks
Seeing more limit bids between $42K - $40K, important on dips to see if there's absorption of sellers
$43.5K - $45K has a decent amount of asks so to fill those or test $45K will require substantial spot taker bid
Orderbook depth zones:
$45K - $50K ~ Spot Supply (thick ask depth)
$38K - $35K ~ Spot Demand (thick bid depth)
$BTC Aggregate CVDs & Delta
Firstly the most apparent thing here is the Spot CVDs, quite flat compared to price bleeding lower this is typically from constant limit selling into price on spot exchanges
Perp CVDs continue to move lower with price which is expected & points out lack of interest to be long in the current market and more interest to be short




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TraderSR7 retweetledi

Invest in something new > People don't like the narrative
Price goes up > People that we called friends and support each other for years are fudding our bags for engagement. Look at TL and how many are talking about it now
You keep talking about the project > Are you looking for exit liquidity sir?
You stop talking about the project for an hour > Update?
You stop talking about the project for a day > Do we hold it sir?
You stop talking about the project for a week > Did you sold?
Price goes down 25% > haha influencers dumped on us (we still holding, basically followers buying our calls and dumping on us but it's ok)
We keep talking about the same project since 2022 basically not even touched the bag (I didn't even migrate to new chain yet) > We need new gems sir, this is old (while it's chilling at 10x but it's ok)
I can make this list so long you can't even imagine. But I'm tired af after so many years thats why I don't post much anymore. Might do it again if I can motivate myself
cevo@cryptocevo
Invest publicly. Do 100x in front of everyone and go against the fud. It retraces 50% and people blaming me for shilling the top. This happens on every alt of many influencers. No wonder why CKC is quiet now
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