Matt’s TA
BTC 4H Timeframe Analysis! Since we cleared end extended the Range Lows on Monday last week (External Range Liquidity) we've spent the rest of the week trading back into the range forming higher highs and higher lows on the hunt for Internal Range Liquidity.
Update on the BTC 4H continuation long idea
Commitment of Traders
https://www.tradingview.com/chart/BTC1!/RYKHb6ui-Large-Speculators-Bet-on-Bitcoin-Rally/
https://www.tradingview.com/chart/BTC1!/RYKHb6ui-Large-Speculators-Bet-on-Bitcoin-Rally/
TradingView
Large Speculators Bet on Bitcoin Rally for CME:BTC1! by Crowded_Market_Report — TradingView
We published this chart a few months back noting that Bitcoin has never rallied while Large Speculators were net-long in Bitcoin futures and that streak continues this month as they remain net-long. This past week, Large Speculators actually increased their…
Entered Shorts on $ETH which is currently lagging behind BTC to form a new low of week!
https://www.tradingview.com/x/K2HbvaBm/
https://www.tradingview.com/x/K2HbvaBm/
TradingView
COINBASE:ETHUSD Chart Image by EtherMatt
SP500 Futures showing strength after rejection of the daily 200 EMA
Watching out for todays close potential 3 days up from the low (bullish signal)
Watching out for todays close potential 3 days up from the low (bullish signal)
Overall on the SP500 we need to see some serious strength here on the weekly.
4 consecutive Weekly Candles down from the ATH is a major top signal paired with the weekly market structure shift from forming Higher Highs and Higher Lows to Lower Highs and Lower Lows (yet to be confirmed depending if we see a lower high)
4 consecutive Weekly Candles down from the ATH is a major top signal paired with the weekly market structure shift from forming Higher Highs and Higher Lows to Lower Highs and Lower Lows (yet to be confirmed depending if we see a lower high)
Matt’s TA
$ETH 1H inversion Fair Value Gap Buyside Liquidity Sweep most likely ETH showing more macro strength Whale bought 3200 ETH with BTC short profits
Free Money right there 😉🥳
Anyone took the entry?
Anyone took the entry?
FOMC meeting today in 5H
Stay vigilant with your positions, personally not a fan of a pre FOMC pump like the one we just had…
99% probability that the FED won’t change interest rates
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
Stay vigilant with your positions, personally not a fan of a pre FOMC pump like the one we just had…
99% probability that the FED won’t change interest rates
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
No change in the federal funds rates as mentioned earlier this particular outcome had a 99% probability. Market already priced this in.
The more interesting part is the Press Conference hosted everytime 30mins after the FFR announcement.
Link to the Livestream:
https://www.federalreserve.gov/live-broadcast.htm
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Board of Governors of the Federal Reserve System
Live Video
The Federal Reserve Board of Governors in Washington DC.
SP500 (Futures) reacting very well! 📈
If you're interested in these kind of trade setups react with 👍 I trade index futures for a living.
If you're interested in these kind of trade setups react with 👍 I trade index futures for a living.
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Matt’s TA
BTC 4H Timeframe Analysis! Since we cleared end extended the Range Lows on Monday last week (External Range Liquidity) we've spent the rest of the week trading back into the range forming higher highs and higher lows on the hunt for Internal Range Liquidity.
Please open Telegram to view this post
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$BTC hit the 200 daily ema (orange line) and the 50% level of the current dealing range.
Want to see a clear break and most importantly close above these levels.
To put a price label on it close above $86K.
Key Areas/Levels of interest:
- Election VWAP @ $93.6K (red line)
- ATH VWAP @ $93.2K (red line)
- Old Support turned Resistance Levels between 90.5K and $93.5K
- 50% Level of the ATH to correction low dealing range @ $93K
Notice that almost all of these levels overlap above $90K - $94K
Want to see a clear break and most importantly close above these levels.
To put a price label on it close above $86K.
Key Areas/Levels of interest:
- Election VWAP @ $93.6K (red line)
- ATH VWAP @ $93.2K (red line)
- Old Support turned Resistance Levels between 90.5K and $93.5K
- 50% Level of the ATH to correction low dealing range @ $93K
Notice that almost all of these levels overlap above $90K - $94K
Matt’s TA
Overall on the SP500 we need to see some serious strength here on the weekly. 4 consecutive Weekly Candles down from the ATH is a major top signal paired with the weekly market structure shift from forming Higher Highs and Higher Lows to Lower Highs and Lower…
Bigger Picture SP500 Futures Update - Decision Time
- Powell (FED) ruled out a recession in todays FOMC Press Conference (Bullish)
- Powell announced drastically slow down QT beginning next month (Extremly bullsih for risk assets)
- The Asian and European stock market indices are still showing strength forming new ATHs week by week.
https://www.tradingview.com/x/UXRLKCdq/
- Powell (FED) ruled out a recession in todays FOMC Press Conference (Bullish)
- Powell announced drastically slow down QT beginning next month (Extremly bullsih for risk assets)
- The Asian and European stock market indices are still showing strength forming new ATHs week by week.
https://www.tradingview.com/x/UXRLKCdq/