Elisa's Charts

Walls are hard to judge at the moment as there a large walls every $500 on Binance and I don't have the better accuracy of Tensor still. There is a chunk on Binance and CB at 60k - not as large as that at 72k but not far off - so be aware of this. Not surprisingly most of the liquidations are now above. The nearest being around 65k.

#USDT.D Major market wide risk here for me is that USDT.D has come over the monthly level - still 6 days to go for the close - but as you know my very htf bias on this is up due to bounce on 6M demand, it's not going to be good for the market if this makes a local monthly demand too.

#OTHERS #TOTAL3 #TOTALDEFI - Had a bunch more alt alerts falling into htf monthly and 3M demands today. Not much new on the marketcaps since last update though - OTHERS got a small bounce off the level but only managed to get to local 8h supply now back retesting monthly demand. While it looks good in isolation, I am conscious many alts have run through the equivalent monthly zone! TOTAL3 and DEFI I would also like in demand for better confluence for a market wide bounce.

#NEWMAJORS - Same applies. #NEAR went back for the short on 2d supply today and came off nicely, all the ones which hit previously held but nothing else new. #DOT alerted for the 3d demand long today but didn't quite hit the zone. #BNB was the only one I didn't put a short on the 2d supply as it was still in weekly demand which in hindsight actually was pretty good! All, I want lower for longs (if they hold supports on second/third tests now then so be it and we can enter later) and/or month end to consider new shorts.

#OLDMAJORS - Per previous update these still fugly. Not reached any supply already alerted and now made new 1d/2d supplies in between. Again conscious of month end fuckery - we have had a few month ends where prices dramatically recover before the close - while I certainly wouldn't long on this basis, it makes me slightly warier of putting aggressive shorts right now. Will likely wait it out til month end now.

#ETH - Similar thoughts - didn't survive the retest level at the green question mark for more than a brief bounce. Could bounce here as I've said before weekly indirect demand and 61 fib. However not a level I'd trade and still want at least the first daily below or the lower one which I've originally said I alerted. If Korea goes down to demand it is likely USD ends up at the lower zone. Above I now have way too many possibilities for shorts so need to think about it! Conscious still in monthly demand and more so because when I have too many possible zones they can get all wiped out! Unfortunately they are all htf so it's hard to cull - we now have 5d then 4d supply in the mid 3ks, the untested daily just above and then the 4d still untested at the top. Thinking more and will update if I make changes!

#ETH - Similar thoughts - could bounce here as I'vr d

#BTC - Sorry no posts today due to having had a quiet weekend, watching today's drop, considering month end fuckery and price being right between either creating 2M demand or 1M supply! Barely a reaction off the top of the weak daily demand at the last green cross. Right now, would like to see the trendline stops taken out completely and then whether a bounce comes in the next zone. Above we have daily supply but currently considering possible shorts just above due to the CME gap and the untested daily CME has at 65k. But need to think about this further.

Did not get a chance to finish or post the charts of the new majors yesterday but per comment we have had a few 2d alerted supply hit on #MATIC #LINK #ATOM and #NEAR. (#NEAR front ran the zone though) So now watch these to see if the newly created demand is strong enough to firstly hold then secondly break another test of supply and potentially form an uptrend - even if only to the 1W-3W zones above.

None of the #OLDMAJORS hit daily zones (yet)