Urus1369 Profile picture
Feb 4, 2023 13 tweets 5 min read Read on X
Time for another weekend analysis.

This time I want to start with $dxy

As we were expecting, $dxy looks like it finally found support and bounced

Here is the scenario we were looking for:

I still believe it's likely $dxy will rise towards the 107 area Image
This rise in $dxy would, on average, be correlated with weakness in $spx and $btc

$spx had a bullish week, only to close bearish on Friday b/c of earning reports

ATM, I believe $4,200 is resistance for $spx

$4,100 is support

we may be in for ranging PA next week Image
As we were expecting, $dji had a ranging week

between 34,364 and 33,792

ATM, until we confirm a break above 34,364 I think it's really like ranging PA will continue
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Here's what $dji looked like on the 1D: Image
And now... our big daddy $bitc #Bitcoin

Nothing much changed on the daily

Still observing the levels and area we had marked on our charts...

We got rejected right from red zone #1, and now we're ranging

IMHO, I believe $btc is accumulating for another push higher Image
The scenario I'm looking for is something like this:

$24,400 is the VAH of the volume profile of the entire 2022 bear

I think we touch at least upon $24,400

With a high likelyhood of $24,800 - $25,200

From there we may see a deeper correction

Again, this is just a possiblity Image
On the 4H, what we were watching for was smth like this:

ATM, $btc #bitcoin seems to following this path rather well

on the 4H, $23,270 held as support

ANY bearish scenario start swith:

4H close below $24,270 confirming loss of support

Otherwise, we're likely going higher Image
A confirmation of the likelyhood of $btc going higher is

4H Close above $23,610

This is just IMHO, of course, and therefore just a probability to oberserve and analyise

Tomorrow, Sunday, will give us more clarity on the next moves

for $btc, $egld and the #cryptomarket Image
f you like this king of analysis follow me @urus1369

And, remember! A RT + ❤️ gets u some high 5s from Satoshi 🙏

Here's what the liquidity heatmap for $btc looks like

On the 1H timeframe: Image
Zoomed in:

2 times has that sell wall at $25,000 been teased...

and removed from the charts

there are some sell orders above at $23,600

though more serious sells remain at $24,500

and I bet that $25k will 'magically' reappear if price goes higher 🥷🔥

also...👇 Image
Don't forget about this nifty little quiz...

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More from @urus1369

Feb 7, 2023
Everyone & their grandma' is hyped today about the golden cross we just got on $btc

But ... let's look at it objectively and follow the data

Golden Cross = the 50Day SMA crosses above the 200D SMA from below

Next.. analysis

Strap in for this 🧵, it's gonna be a good one 👇🔥
Over the entire history of $btc

we experienced a total of 9 golden crosses

Of the 9, we can analyse 8 since 1 just happened

Of these 8 ...
➡️ 3 were invalid, price dropping after
➡️ 4 were valid, leading to significant rallies
➡️ 1 was questionable

let's take them 1 by 1
We start with the first golden cross

On Feb 9th, 2012.

Zoomed out looks great.

It preceded the entire 2012-2013 bull market

Bet when we zoom a little close ... 👀👇
Read 29 tweets
Feb 6, 2023
$btc #bitcoin is suffering from a mini-dump this past couple of days.

ATM, we're trading above the $22,630 level.

On the 1D chart, though, it does not look like structure was broken.

Instead we're trading inside the range we've been in for the last 2 weeks or so
Let's look at $btc on the 4H chart now

Basically, on the 4H, I'm looking at 4 scenarios;

This is the first scenario - looking for a dip into the FVG, then we get another let up.

Which might be the last leg of this rally before a deeper retracement.
The second scenario would be something like this:
A bearish continuation scenario.

Retest of $23,058, then further downside.

Very plausible. In this case I expect we test at least $22k if not the $21,500 area...
Read 11 tweets

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