Liquidity
will eth will cross 1840 or hit the low 1500 1300hi everyone ,
in this idea 💡 i am going to share some trading idea with trend analysis and volume anaysis. so lets begin.
as i start earlier btc dominence market cap at resistance leve and possibly market cap of btc is going to down so we have to stay bearish in this market for some week.
eth is also at their resistance level and if eth will make any billish sihnal above 1825 we will enter for a long reade , but ther is high possiblity eth will bouce back to 1500 from 1850 .
take short entry afer beatrish confiramtion and our first target is 1500 and the 1300 will be our last target .
i hope you like this analysis and please comment what you think abour eth for the week.
BTCUSD: Flow to $32KPrice lured buyers in after breaking out of the trend line.
Once it has trapped retail as well as SMC buyers.
Price liquidated them both to fuel the aggressive move to the upside.
Now that buyers are out of the market the focus is to liquidate sellers.
I predict that this liquidity lies around $32k
Price should continue to flow to this area before any signs of reversal.
EURUSD: Perfect Sell ZoneThis range has been a cycle of buyer and seller liquidity sweeps.
More sweeps equal more fuel for the next leg out.
I can't be sure the leg will be to the downside but my intuition tells me it will be.
After the final liquidity sweep, I will be looking for sells in my sell zone.
Gold gets a safe-haven bid as banks shake confidenceFinancial markets were sent into a tailspin on the news of Silicon Valley Bank (SVB) imploding. Despite the decisive moves by the Federal Deposit Insurance Corporation (FDIC)1 and the Federal Reserve (Fed)2, market confidence has been shaken and we have witnessed a flight to safety. Demand for government bonds have risen sharply, driving the yields on 10-year US Treasuries down from 4.0% on 9/3/2023 to 3.4% (16/03/2023). In tandem, gold prices have risen 6.6% in the past week (9/3/2023 to 16/03/2023). The speed of gold’s moves indicates that the flight to safety has not been obstructed by any broad-based liquidity issues. Very often in the initial phases of financial market stress, investors sell gold to raise cash to meet margins calls on futures positions in other assets or for other liquidity needs. The current crisis appears different in that there are no visible signs of panic gold selling and that could be indicative that the stress in certain parts of the banking sector are idiosyncratic. Nevertheless, investors have been reminded that unexpected events occur with greater frequency than they hoped and have sought to rebuild defensive positions that will help to hedge against further turbulence.
Credit Suisse concerns add to investors desire for defensive hedges
The Credit Suisse debacle unfolding quickly on the heels of SVB highlights that when confidence is shaken in one part of the banking sector it can easily spread. All banks, deposit takers, brokers and lending institutions with weak metrics are under the microscope. A liquidity life-line offered by the Swiss National Bank on 16/03/2023 has allayed markets fears for now, but we believe that investors are likely to continue to seek defensive assets in this time of uncertainty.
Either tightening or losing monetary policy could be interpreted as a policy mistake. Gold is there as a hedge.
The European Central Bank (ECB) raised interest rates by 50 basis points on 16/03/2023, marking a bold move given the fragile state of market confidence. However, blended with dovish commentary, markets are expecting less rate rises in the future and believe the 50 bps hike was delivered only because the ECB felt like it had pre-committed and any smaller hike would signal conditions are worse than what the market has priced in. The Euro appreciated against the dollar and the Dollar basket depreciated, providing further support for gold in Dollar terms.
While the jury is out on whether the Federal Reserve will pivot its monetary policy early (note the Federal Open Committee meeting is on 21st and 22nd March), investors are seeking to protect themselves with hard assets. If the Fed doesn’t soften its hawkish stance, it risks transforming a bank liquidity issue into a recession as risk appetite and confidence has been shaken. If the Fed does act either by terminating quantitative tightening or prematurely ending the hike cycle, the central bank’s monetary largess will linger for longer. Either way, gold is likely to benefit. Gold tends to do well in recessions and is seen as the antithesis to central bank created fiat currencies.
Gold gains are well supported
We therefore expect gold to hold onto the past week’s gains in the is time of turbulence. The key short-term risk for gold at this stage is not market confidence recovering quickly, but a broader market meltdown that could drive gold selling to raise liquidity for meeting other obligations (such as margin calls). In that scenario, gold is likely to recover in time as other investors will buy the metal to shore up their defensive hedges.
Sources
1 The FDIC provided more than its usual $250,000 insurance on deposits.
2 The Fed created a new liquidity tool - Bank Term Funding Program (BTFP) - offering loans of up to one year in length to banks, savings associations, credit unions, and other eligible depository institutions pledging U.S. Treasuries, agency debt and mortgage-backed securities, and other qualifying assets as collateral.
Breaking the Range: Bitcoin's Path to Profit in 2023. Liquidity for Bitcoin price to move out of it's range has been engineered and now apparently we are going to see a move up. On its way up, BitCoin will clear the all the buy and sell side liquidity sitting in the zone of $27800-$32350, an area marked in green, before tapping into the imbalance block created by the bearish price action.
The Imbalance Block is sitting at the range from $34k-$35k, which is my take profit area.
Happy trading. Keep supporting.
My Today's view on SPX500 FutureHi Traders,
This is my view for today on ES
In terms of Structures and Technical Analysis, everything is BEARISH but…. The strong bullish impulse made yesterday makes me think.
Today’s target is 3900, after that we do have yesterday’s low and a Fair Value Gap to test around 3870. From there I’ll wait…
Bullish scenario: long till 4040
Pit, Trading Kitchen
BTC SHORT, BEAR'S LAST STANDA lot of resistance at ~24.5k, coming from a long-term channel since the ATH, and the local high of ~25k in mid-Aug.
Shorting given a recent decline in volume and OI slightly declining at these prices. . However, upon doing so one must consider the bull/bear case that may play out.
BULL :
Nov. 15k was the bottom, and we may either be in a new bull market cycle or still within a bull market that started in 2018 on the way to 100k by EOY.
For this to be the case, we must hold ~18.5k-19k, with no daily closes below it, and allow a re-entry, followed by a smash over 25k. Once done, bears have a final stand of ~27k which currently follows the 12-month MA on the BTC spot index chart. If we close above the 52-week MA, the bear market is over. VWAP lines represent areas of resistance if the bull case plays out.
There is some evidence of a parabolic move possibly playing out thanks to TechDev_52's tweet of a correlation between BTC and Global Liquidity (CN10Y/DXY) where "Every ATH-setting move began after CN10Y/DXY closed above its 3W 20MA" with every "major impulse topped *at most* 12 months later".
So, at worst a parabolic run could come by to stop by Nov. 2023
Failure with that brings the bear case...
BEAR :
Bottom not in given macro conditions and projections on SP500, which could be correlated with BTC.
24k strong resistance, we correct past the CME gap at 20k, play around with 19k followed by a sudden close under it, which can bring us to 14k, maybe even 12.5k.
There is a minor "NEUTRAL" case where a double bottom could form ~14.5-15k, where we do get a bull re-entry as noted on the chart, break 25k, and then get slapped hard at 27k-34k, all the way back down to 24k followed by 14-16k, and then trigger another bull re-entry similar to how 2019-2020 played out or even back in 2015 that had a double bottom.
I was wrong on the last BTC trade as the trend changed on Jan. 12th following a possible short-term regime change around EOY 2022, be it market participants entering back in after selling off in Q4 for tax reasons, macro liquidity flows, etc.
Overall, I think we'll range for a while between 27k-14k, followed by another explosive move on the low end of that range toward 30k. I don't know how long, maybe months.
Trades:
Short
E: 23.1k
SL: 26k
TP:20k, 18k, 15k (likely close), 12.5k
Long
E:20k
SL:17.8k
TP:25k, 27k, 32k
SPY
SPY short has not changed. I could see SPY targeting ~420 and then starting a new downtrend, SL adjusted a bit higher to 427.
I will say at these prices, both BTC and SPY have growing voices of bears and bulls. A lot of long hedgers at $SPY since the Oct. and late Dec. bottom, and on late Dec. for BTC. Break those levels and we're in for extreme fear. Q1 2023 volatility could still spike if geopolitics play out concerning control over oil in the middle east/eastern Europe if EV infrastructure is proven incapable of sustaining itself at scale by 2030.
AUDJPY possibilitiesPrice has proceeded to clear sell side liquidity , potentially reversing via HTF correction and might continue with the move downwards.
Area marked via as checkpoint should be paid close attention for potential shorts or potential complete reversal to the upside.
Let me know in the comments what do you guys think !
EURNZD high probability 3.5rr short tradeHigh probability Trade (3.5rr)
Volume Spread Analyse:
1. high volume: at low in comparison to high => at higher timeframe structure
2. high volume at low in comparison to high => at lower timeframe structure
=> high volume at low => means a lot of Liquidity/ Money at low=> high probability that the price reach this levels
=> 0.382 Fib. setup validation lvl triggerd
USDCHF: Retail Wipeout I expect price to pierce the remaining liquidity with the news today.
Understanding where price may flow is easy, finding a sell entry is the difficult part.
I have marked an 'expected sell' zone but the reality is it could sell anywhere between now and the previous high.
So for now I will just be observing and if intuition tells me to sell, I will.
Good luck with the news today gang!