WICK FILLED & LIQUIDATIONS HIT — Transcript

Full transcript

1. 0:01hello everybody I hope you're good I
2. 0:04didn't expect to see myself bringing you
3. 0:07an update on Saturday but things
4. 0:09escalated pretty quickly yesterday and
5. 0:11Bitcoin went to the week
6. 0:13the guys in the trading course know more
7. 0:15about this but weeks are essentially
8. 0:17liquidity imbalances in the chart and
9. 0:21um the minimum Target is the 50 of the
10. 0:23week and the second target the final
11. 0:25Target is the 100 of the week
12. 0:28I'm Bitcoin filled yesterday the week
13. 0:31exactly to the door that you can see now
14. 0:33it's ringing over here because it's the
15. 0:35weekend there is no much liquidity
16. 0:37across the chart you guys not all the
17. 0:40financial districts are closed the
18. 0:41stocks Forex
19. 0:43institutions are not trading they have
20. 0:44the day off they're with their families
21. 0:46so there is not much liquidity if we go
22. 0:49to the Daily time frame let me show you
23. 0:50because I think Bitcoin is at a very
24. 0:52critical point
25. 0:53it's right now
26. 0:56playing around the daily 50 EMA what
27. 1:00does this mean
28. 1:01he needs to hold it
29. 1:03it needs to hold the CMA because if it
30. 1:06doesn't hold
31. 1:08it's gonna go lower
32. 1:10simple as that
33. 1:12so
34. 1:13this is what I'm going to be paying
35. 1:15attention over the weekend to see if it
36. 1:18can hold this level
37. 1:20because if not we'll go lower
38. 1:23I think that this is the most
39. 1:24interesting thing in the daily time
40. 1:26frame at the moment and is the daily 50
41. 1:29EMA so you can see how Bitcoin is right
42. 1:31now slightly above it but let's see how
43. 1:33it's tomorrow and on Monday morning
44. 1:36because this might
45. 1:37tell us a lot about the next move now if
46. 1:39you go back to the four hour time frame
47. 1:42there is something that I'm actually
48. 1:43liking here well first is that it has
49. 1:46been felt fully so that's one less thing
50. 1:50to worry about and now something I'm
51. 1:52liking
52. 1:56are all these weeks over here because
53. 1:58it's telling me that so far even want
54. 2:01Bitcoin to go lower
55. 2:03so the question is is the market maker
56. 2:06building his locks in this Zone
57. 2:08maybe to recover part of this large red
58. 2:10candle
59. 2:12maybe the only concern that I have is
60. 2:15that at the moment there are a lot of
61. 2:17short positions open okay that could
62. 2:21trigger a sword squeeze but if you think
63. 2:25about those traders that are currently
64. 2:27thinking about opening a long position
65. 2:28or have already opened the long position
66. 2:31in this area
67. 2:32take a pro is set their stop losses in
68. 2:34this area
69. 2:36okay
70. 2:37below all these weeks so this is
71. 2:40basically telling me that I can't
72. 2:42discardivia of Bitcoin doing something
73. 2:45like this
74. 2:47this is my quick analysis about Bitcoin
75. 2:49board remember that
76. 2:51Bitcoin is usually quite boring at the
77. 2:53weekend so we might see more of a range
78. 2:56here still okay and tomorrow it's Sunday
79. 2:59so I will post the useful Sunday update
80. 3:02on Twitter I'm also thinking about
81. 3:04uploading it to YouTube so you have it
82. 3:06in both formats in text and in video and
83. 3:09in the Sunday update I'll go more in
84. 3:12depth and I'll try to find more
85. 3:14confidence to support an analysis maybe
86. 3:17I changed my idea and I don't draw this
87. 3:19anymore but this is just my quick quick
88. 3:22view let's go now to high blow Capital
89. 3:25to see all those liquidations I want to
90. 3:27see how they hit them and let's see
91. 3:29where the liquidity is right now okay so
92. 3:31remember this is a very brief idea okay
93. 3:35maybe a drop towards 27 000 maybe a bit
94. 3:39lower even because you know they like to
95. 3:41play with round number so maybe they
96. 3:43could scare us and go to 27 900 or so
97. 3:48for a potential bounce but again let's
98. 3:51go to the high block and let's see what
99. 3:53he's doing
100. 3:57ah this is amazing to see 27 400
101. 4:01liquidation look at that yellow bar
102. 4:03the next one was a 27 100 also hit and
103. 4:08now we can see that there is still some
104. 4:10liquidity at 27
105. 4:13000 and 26
106. 4:15900. the question is
107. 4:18are they gonna come lower to come back
108. 4:21up or are they gonna abandon this Zone
109. 4:24and go to the next one that's around 25
110. 4:28600 25 300 that's the high time frame
111. 4:32previous resistance
112. 4:34that could be this is a support soon
113. 4:37we're gonna go back to the Bitcoin chart
114. 4:39in a minute so I can show you the level
115. 4:41again
116. 4:42but this is quite interesting 27 000 26
117. 4:47900 a lot of liquidations remember I was
118. 4:51telling you and it was that Bitcoin
119. 4:53right now might be ranging over here
120. 4:55okay and setting this as the new Range
121. 4:58so there might be a lot of logs getting
122. 5:02open soon and the rest stop losses would
123. 5:05be below this zone so they would match
124. 5:07with the liquidations that means that
125. 5:10even if there are no liquidations and
126. 5:12there is stop losses there is going to
127. 5:14be a lot of liquidity added to this zone
128. 5:16so twenty seven thousand twenty six
129. 5:18thousand hundred is definitely an
130. 5:21interesting Zone that might get test
131. 5:23soon
132. 5:24back to Bitcoin now I think everything
133. 5:26is pretty much said there must be a
134. 5:28bounce from here if this one holds but I
135. 5:31even like that they are more of a
136. 5:33potential stockhold first before a
137. 5:35bounce okay but if this Zone doesn't
138. 5:37hold which is the daily 50 EMA okay then
139. 5:43we're gonna go lower to the direction
140. 5:45and the next zone is the 25
141. 5:48000 so let me show you this this one was
142. 5:51talking earlier in high block
143. 5:53I would say around
144. 5:55this levels well this is more accurate
145. 5:58to be honest 25
146. 6:00000
147. 6:01200. look at this there was a seller
148. 6:04from here then price went back to this
149. 6:07level another sell-off
150. 6:09is it possible that between comes back
151. 6:11to this Elm to test it as support yes
152. 6:14why not it hasn't done it yet so he
153. 6:17might do it
154. 6:18so that's everything I wanted to say
155. 6:20guys you know I like to keep you updated
156. 6:22so I felt the need to plot this video
157. 6:25and today well this evening I'm gonna
158. 6:28try to post a threat on Twitter about
159. 6:31the two gr deals chart because something
160. 6:35is going on there okay so guys have a
161. 6:38very nice weekend I'll see you tomorrow
162. 6:40probably Again on YouTube with the
163. 6:42Sunday update it'll be on Twitter too
164. 6:45and see you soon