Trade Aptitude

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@52kskew
@Stoiiic

[Trade Aptitude @Trade_Aptitude]

Gm Gm CT, you may know us as @Stoiiic & @52kskew

We're here to make sense of the noise and market flow for you, so strap in & enjoy the ride.

Don't get rekt by staying informed with @Trade_Aptitude

[Trade Aptitude @Trade_Aptitude]

The Flow: EP 1
A look into Q4

brought to you by @52kskew & @Stoiiic.

[Stoic @Stoiiic]

the hilarious part is @52kskew and I recorded our first ever weekly stream last night for @Trade_Aptitude (dropping tomorrow).

some stuff we talked about is up 20-30% overnight lol this market is moving at r*tarded velocity.

going to try to turn these episodes around quicker in the future as well as plan some live streams, host some brilliant minds etc.

big things in the works- stay tuned.

"the future is s̵t̵i̵l̵l̵ so bright."

P.S. shout-out to @illustratealpha for the branding. Have worked with him multiple times now and can't say enough good things.

[Trade Aptitude @Trade_Aptitude]

An Aggregator for Use of Simple Volume Tools in TradingView

includes discussion on:
Use of Fixed Range Volume Profile (FRVP), VRVP
High Volume Nodes (HVNs), LVN, PoCs, VWAPs etc.

[Stoic @Stoiiic]

"Bro, what are those indicators and labels on your chart?

What is VAH, VAL, HVN, LVN, Naked PoC, FRVP, VRVP, VWAP & Anchored VWAPs?

&

How do I use them?"

I'm glad you asked.

A Comprehensive Breakdown of Simple Volume Tools I use on @tradingview

[Trade Aptitude @Trade_Aptitude]

$BTC 1H

Key Contextual Levels (+ observe)
↦ 42.6 Range PoC (resistance)
↦ ~44.0 - 2 month range PoC + Monthly VWAP + Smaller Range VAH
↦ 41.6- Weekly Open

[Stoic @Stoiiic]

$BTC 1H

Relief with a reclaim of weekly open (~41.6)

Key Levels
↦ 42.6 Range PoC (resistance)
↦ ~44.0 - 2 month range PoC + Monthly VWAP + Smaller Range VAH (Significant Level to flip decisively imo, this is where I would pay real attention)
↦ Hold Weekly Open for Continuation (~41.6)

[Trade Aptitude @Trade_Aptitude]

$BTC 4H

Key Levels to Reclaim:
4H 21 EMA
Yearly Open- ~42.3

Confirmation with reclaim of 50 RSI.

Observe Weekly Open PA if no significant price action over the weekend.

[Skew Δ @52kskew]

$BTC 4H
Price on LTF is pretty choppy however on the 4H there's still some needed confirmations to increase risk here

Needed confirmations 👇
1. Price reclaiming 4H 21EMA
2. RSI above 50
3. Yearly open reclaim

considering we're moving into a new week if nothing occurs between now & then, that would increase the importance of the weekly open move

[Trade Aptitude @Trade_Aptitude]

$BTC Key Contextual Levels

Weekly open ~ $41,733
Yearly open ~ $42,284
4H 21EMA ~ $42K

[Skew Δ @52kskew]

$BTC Binance Spot
Starting to see some selling into price & some decent spot ask liquidity around $42.5K

Weekly open ~ $41,733
Yearly open ~ $42,284
4H 21EMA ~ $42K

[Stoic @Stoiiic]

$BTC 1H

↦ Key Levels in Terms of Volume
VAL- 42
PoC- 42.7
VAH- 43.3
Wider Range PoC (big boy)- ~43.7
Naked PoCs marked below

↦ Back inside the range in a price sense (reclaim range low) but not in a volume sense, VAL (~42) acting as resistance currently.

↦ First step, reclaim VAL.

[Trade Aptitude @Trade_Aptitude]

$BTC Naked PoCs

To the Upside:
vPoC- 43.5 (tagged)
tPoC- 46.0

To the Downside: (vPoCs in the vicinity)
39.5 (Dec 3)
38.75 (Dec 1)
37.2 (Nov 27)

[Stoic @Stoiiic]

Tale of the $BTC Naked PoCs

How many and which ones are we hitting by mid this year?

To the Upside:

Jan 11
vPoC- 43497
tPoC- 45999

To the Downside:
(vPoCs)

39496 (Dec 3)
38749 (Dec 1)
37183 (Nov 27)
36549 (Nov 21)
30798 (Oct 22)
29848 (Oct 22)

[Trade Aptitude @Trade_Aptitude]

$BTC Key Demand & Crucial Area to Watch:
$40K and ~$38k region.

[Skew Δ @52kskew]

Interestingly each dip so far is met with someone trying to absorb sellers

100BTC - 200BTC typically gets filled

Probably Spot ETF related considering its coinbase

[Trade Aptitude @Trade_Aptitude]

$BTC Key Levels

Look to reclaim decisively for upside:
Yearly/Monthly Open- ~42.3
LTF Consolidation PoC- ~42.8

Range Low- 41,370
Spot Supply (Binance)- 44 & 45- ~1000 BTC each
Spot Demand (Binance)- 41 & below

[Stoic @Stoiiic]

$BTC LTF

↦ Tight low-volume consolidation as to be expected after expansion.
↦ Expansion ---> Compression (dust settling) and so forth.
↦ Daily Open- key level on LTF also lining up with volume in the range (look for resistance/reclaim).

$BTC Binance Spot Orderbook Liquidity

↦ Supply - 44 + 45 - ~1000 BTC each
↦ Some limit buying at 42 and 41.5 but real demand remains at 41 and below.

[Trade Aptitude @Trade_Aptitude]

What to look for during EU & US trading sessions today
- Spot direction (distribution or spot dip buyers)
- 1H / 4H structure (uptrend still or downtrend coming)
- Support till proven otherwise ($45.6K - $45.3K)
- Resistance till proven otherwise ($47K - $48K)

$BTC

[Skew Δ @52kskew]

$BTC Market thread, in partnership with @_WOO_X

$BTC Volume Profile + 4H EMAs
3rd attempt to auction above HTF resistance & failing to sustain above POC (orange line)

Price or more less still within the same range / volume profile

4H EMAs still respected with the uptrend

$45.6K - $45.3K ~ Pivotal area I think for trend, has been defended by spot with numerous attempts to break HTF resistance

Overall absorption around $47K - $48K is pretty obvious now, potentially early stages of distribution

Market structure hasn't been broken yet or trend but bulls will need to make a significant effort to reclaim $47.1K & hold above there to sustain this trend imo

$BTC Binance Spot
Lovely push higher into $48K - $49K spot supply & HTF resistance but failed to sustain higher

Lots of spot being sold into these rallies around $48K, often leads to absorption -> distribution

There are still 100BTC limit bids quoted every 1K or so

$BTC Coinbase Spot
Coinbase spot was the leading spot exchange pricing this BTC Spot ETF approval & launch of trading in which also marked the high

Persistent limit selling into price on rallies & absorption of buyers into $49K (Spot supply)

Still seeing bounces being sold into with limit selling on failures to sustain above $47.1K

$BTC Spot CVDs & Delta
I've marked the 3 major highs into significant market supply with rejections & HTF resistance (red boxes)

The white boxes show the sizeable market buying & potential fomo into these highs which have been so far absorbed by spot limit selling & all 3 mean reverted back to origin of the rally (not a great sign)

Currently we're seeing some profit taking during asia session on binance spot & bitfinex spot.

Sizeable limit selling into price on coinbase around US market close.

Probably wise to de-risk exposure on the next push up if that occurs during US session later

[Trade Aptitude @Trade_Aptitude]

In Discussion:
↦ Newsletter
↦ Educational discord community
↦ Educational trading platform

[Trade Aptitude @Trade_Aptitude]

Gm Gm CT, you may know us as @Stoiiic & @52kskew

We're here to make sense of the noise and market flow for you, so strap in & enjoy the ride.

Don't get rekt by staying informed with @Trade_Aptitude

[Trade Aptitude @Trade_Aptitude]

Planned:
↦ Podcast - "Market Aptitude"
↦ Youtube Videos
↦ Streams