BTC 11 May 2022 The current implied volatility is at 81.61%/year So that converted into daily is 5.14% The opening price was on 30970 So based on that our TOP 32600 BOT 29410 This channel has a 88.3% change to sustain based on the last 290 candles At the same time with 79.3% changes TOP 32200 BOT 29800 From fundamental point, today we have CPI release and this...
BTC got rejected quite precisely at the 55828 Gann level. This corresponds to the 2.382 Fib extension of wave (i). If price breaks down and out of the channel, we may expect choppy action & further contraction of volatility. The Elliott count suggests a wave (iv) is due. Should price rally higher, the entire count needs to be revised. It would be quite unusual...
Our last entry at 42800 has given us a nice profit so far. Bitcoin is now at the median level between two Gann levels. We can count 5 waves to the upside (green count), assuming that wave v is coming to an end. That would complete wave (iii) of a larger degree (blue count). Sun squares natal Sun on 6 OCT, an important and potentially problematic aspect. An...
Across the derivatives markets we're seeing lower premiums than we would expect following this possible gamma increase week over week (which is still ahead of full acceptance). With a significant amount of piecewise linear activity with consistent slopes combined with table-and-chair vertical+sideways motion we saw massive volume creating price constraints as the...
Bottom indicator showing some important Perpetual Swaps contracts vs Coinbase price basis baseline = spot price basis positive = swaps trading at premium (generally strong over-leveraged LONG exposure ), push longs paying funding to shorts basis negative = swaps trading at discount (generally strong over-leveraged SHORT exposure ), push short paying funding to...
Comparison BTC and ETH pairs between BitMEX, Deribit and FTX Perpetual Swaps vs Coinbase (Spot) price basis. We can observe an on-going basis pattern currently trending positive (trading with premium). Positive basis is leading information towards funding rate becoming positive as well. Positive Funding rates means Longs pay Shorts Longs paying shorts mean...
Short 1/31 8500 Call +.25 Delta +.0280 Credit Short 1/31 6000 Put -.20 Delta +.0265 Credit Margin Requirement: .2 BTC Credit Received: .0545 BTC Profit Target: .02725 BTC Expected Move: +/- $1200 End up with a slightly short portfolio delta, essentially delta neutral. Generate over $10 daily positive theta. Look to close at 50% max profit (credit...
With humble beginnings as a paid project by @Patrick2018, a community member with a vision, and throughout countless evolutions and 81 git commits - our baby Neomenia Bot is ready for consumption by the general public. We have had seen considerable success with different config vars over tiem, and now we even supply the most optimized vars according to market...
With humble beginnings as a paid project by @Patrick2018, a community member with a vision, and throughout countless evolutions and 81 git commits - our baby Neomenia Bot is ready for consumption by the general public. We have had seen considerable success with different config vars over tiem, and now we even supply the most optimized vars according to market...
Let's see how my understanding of price patterns and fundamental and postioning/sentiment related variables stack up against the facts: I think $Bitcoin will trend up strongly from here onwards, but the path is not yet fully clear. If prices move similarly to how I think they will between now and April, a new all time high will materialize, after confirming a long...
Undetermined resistance. Possibly 7350 or 7402. Beyond that, I am hoping for a move towards higher 7k levels. Deribit options were nice because I was able to get out in profit on both my terrible calls and puts while I was asleep. I closed my short and flipped long on futures at 7200, hedging with a 6500 put Dec. 27 expiry. Quick change to idea while writing...
Tickers available from Deribit on TradingView: DERIBIT:BTCPERP DERIBIT:BTC27Z19 DERIBIT:BTC27H20 DERIBIT:ETHPERP DERIBIT:ETH27Z19 DERIBIT:ETH27H20
Good day, today Ladies and Gentleman, It's your host xR, welcome to Let's Flip a Bitcoin. Let's take a look at what's been popping on Bitcoin. Shall we, jump into it? Last week we provided you all a continuous update through the mountainous peaks and valleys. Bitcoin displayed no mercy towards thousands of over-leveraged investors. In our previous analysis, we...
Lets face it we all do it, we want that $btc quick and easy so what do we do... LEVERAGE!!! and what is the subsequent fallout of a leveraged position ANXIETY, PANIC, SLEEPLESS NIGHTS (unless you get the optimum entry) So if we are gambling in a mid range between supports and resistance how do we trade either direction and feel safe, or relaxed? Its simple...
Free signal telegram group : SwiftSignals SL FOR LONGS: 7900
If the trend lines ultimately fail along with the mid 8k range outlined on the 3D chart, these are the next areas of significant interest along with the given POC around 6k.
Long setup with invalidation zone