NEWS
🤖 #BTCLIVE - 14.09 🤖🤖 #BTCLIVE - 14.09 🤖
TLDR:
Short-Term (-1 Day)
55:45- Bullish:Bearish
Mid-Term (1 Week+)
30:70
Bullish:Bearish
Long-Term (1 Month+)
70:30 - Bullish:Bearish
OVERVIEW:
We told you...respsect the Weekly Pivots and CME Gaps. They got filled - and price came to a sudden support, this is not a coincidence. Although now we are here it looks like there is going to be consolidation until the announcements begin from the fed kicking off at 1.30pm UK time. This will likely give a directional bias to the market and coming out of this bearish pennant. We might see some relief bounce here if it is neutral to bullish i.e below 75 BPS. There is a case that even if 75 does come in that this may already be dialled in and expected so a resulting pump could occur anything higher then we can expect further dumpage. On a macro level a rejection here can put us on a trajectory to $16k region now to play out this descending wedge on the weekly.
The bullish scenario is sub 75 BPS and breaking up on the bearish pennant to $20.8k where will hit first resistance and then a push up or major rejection here - either to 21.2k region or heavily down to sub 20k.
The bearish scenario will be a little more brutal if the BPS comes out bad - and will be a likely free fall again to 19.5k region with potential dead cat bounce and then further drop to 19k.
TECHNICAL ANALYSIS:
BULLISH FACTORS:
+ Bullish Descending wedge on the Weekly
+ Oversold on the Weekly
+ Reversal signal on the Weekly
+ Filled CME Gap and Weekly Pivots
+ Bullish Future Pivot becoming valid
+ Breakout from midterm descending wedge and retest on macro support on the daily
+Very Bullish Daily POC (too bullish imo)
+ Oversold on hourly
BEARISH FACTORS:
-Rejected from Macro Trendline Resistance on the Weekly for the descending wedge with the bottom being potentially 16k if it plays out
- Flipped pretty much all key EMA and DEMA's
- Bearish Pennant in play - unconfirmed direction
- Trading under a key resistance of $20.5k
NEWS:
Bull:
+ Russian international crypto payment to begin 2023
+ #Bitcoin hash rate reaches new high AGAIN!
+ Investment giants’ Fidelity, Charles Schwab and Citadel crypto exchange goes live
cryptopanic.com
+ Bahrain central bank set to test Bitcoin payment processing solution
cryptopanic.com
Bear:
- PPI m/m (Expected to affect market)
- Core PPI m/m
- CFTC Chair Behnam Speaks (Likely to be mentions of Crypto)
- Sept 15: $ETH merge expected sell off
- Sept 16: Mt. Gox Claims Deadline
- Sept 21: FOMC rate hike decision
- #Bitcoin mining difficulty reaches 32.05 trillion, a new all time high.
- Odds of 100bps interest rate hike hits 48%.
- President Biden says "it’ll take more time and resolve to bring inflation down."
MARKET SENTIMENT:
Fear & Greed Index - Sep 14, 2022:
Today: 27 (Fear)
Yesterday: 34 (Fear)
Avg. 1W: 26 😱
Avg. 2W: 24 😱
Avg. 1M: 27 😱
Avg. 2M: 30 😱
Avg. 3M: 25 😱
Avg. 6M: 24 😱
Avg. 1Y: 32 😣
🔸 #Bitcoin
Price: $20,171
24h Low: $20,071
24h High: $22,654
MC Change: -$40.9B (-9.6%)
Dominance: 37.5%
24h: -9.7%
7d: 1.9%
14d: -0.7%
30d: -17.4%
60d: -2.0%
200d: -47.4%
1y: -56.3%
Bitcoin Day Trade Setups, Swing Trade Entry🖥️ We have determined there is a 70% chance Bitcoin will Rise from our current entry point.
📉 LONG - BTC : $20,265📉
💵 Length of trade: we are expecting BTC to hit a $1,000 scalp, with a high end of $1,750, and a minimum expectation of $500.
🕰️ Duration of trade: we are expecting a possibility of the Min. Profit Target being hit with a fast spike under 4.5 hours. Then we see a Swing Trade duration leading to next Monday. We are seeing if the fear subsides, and we found a near term base
BTC Economic calendar on chart. Important news ahead!It's always important to account for fundamental news when you are doing technical analysis.
To make this simple for you, I created full schedule of economic news in USA one week ahead.
If you like the idea, please, press a like to let me know that my work is valuable for you. Thank you and trade wisely!💓😊
XAUUSD Inflation data making the move todayInflation was released today.
The inflation has decreased to 8,3%, however the price of goods are increasing and is higher than before, with 6,3%. Don't forget tomorrow we have PPIndex to be release tomorrow.
About the chart:
We can see the first resistance at Fibo 23,6%, and this show us a strong resistance for the next hours.
We calso have a triangle that had already been crossed when the inflation was released.
The BB Line is opening what means we have a large volatility and with EMA above basis line from BB and with a descent trajectory
The MACD also have a good resitance and support already crossed as we can see.
We think the next support that could be crossed is the 1692.699, making the perfect Fibo pattern until the next data released
🤖 #BTCLIVE - 13.09 🤖🤖 #BTCLIVE - 13.09 🤖
TLDR:
Short-Term (-1 Day)
50:50- Bullish:Bearish
Mid-Term (1 Week+)
35:65
Bullish:Bearish
Long-Term (1 Month+)
90:10 - Bullish:Bearish
OVERVIEW:
Bitcoin showing strength although some big bear flags showing up with the ascending wedge, bearish weekly pivot and CME gap that have a high chance always of getting filled usually in the short term too. Additionally we are coming up to the Macro trendline resistance on the weekly which is going to be a huge marker if we breakout as it has been in place since November 2021. It is a likely a very large amount of volume is going to require to break out. This is possible depending on the CPI data that drops which is potential assumed to be bullish. This could help break out - although there is a lot of bearish factors weighing against it for at least a small retrace.
Losing $22.2k would likely see a continuation down to the CME gap and weekly pivot regions with a top of $21.5k and a painful scenario at $20.2k. A bullish scenario would need to breakout above $23k for a good confirmation then it can pump as high as $25k.
HOWEVER with all the news that is coming out this month with the merge, MT.Gox and multiple items in the economic calendar volatility is going to be high
TECHNICAL ANALYSIS:
BULLISH FACTORS:
+ Bullish Descending wedge on the Weekly
+ Oversold on the Weekly
+ Reversal signal on the Weekly
+ Hidden Divergence on the 1hr
+ Potential breakout incoming of the macro descending wedge
BEARISH FACTORS:
- Bearish untested Weekly Pivot and CME Gap as low as $20.2k up to $21.5k
- Challenging Macro Trendline Resistance on the Weekly
- Hitting key 22.6k resistance
- Crossing down on HullMA
- Rising wedge
NEWS:
Bull:
+ CPI data expected to be slightly positive
+ Fidelity rumoured to be shifting their retail customers in to Crypto soon
+ Russia's Prime Minister asks regulators to finalize regulations for cross-border #crypto payments.
+ Chamber Of Digital Commerce Calls Out The SEC, Argues The US Needs A Bitcoin ETF
cryptopanic.com
+ Google Adds Ethereum (ETH) Merge Countdown Feature as Worldwide Interest Skyrockets
cryptopanic.com
Bear:
- Sept 13: CPI data
- Sept 15: $ETH merge expected sell off
- Sept 16: Mt. Gox Claims Deadline
- Sept 21: FOMC rate hike decision
- Sept 22: $ADA Vasil Hardfork
- New White House Report Suggests A Ban On Bitcoin Mining In The U.S.
cryptopanic.com
MARKET SENTIMENT:
Fear & Greed Index - Sep 13, 2022:
Today: 34 (Fear)
Yesterday: 25 (Extreme Fear)
Avg. 1W: 26 😱
Avg. 2W: 24 😱
Avg. 1M: 27 😱
Avg. 2M: 30 😱
Avg. 3M: 25 😱
Avg. 6M: 24 😱
Avg. 1Y: 32 😣
🔸 #Bitcoin
Price: $22,336
24h Low: $21,578
24h High: $22,448
MC Change: $11.4B (2.7%)
Dominance: 38.5%
24h: 2.7%
7d: 11.8%
14d: 13.6%
30d: -8.5%
60d: 10.4%
200d: -40.2%
1y: -50.6%
The News Just Serves To ConfuseI have been a trader for a very long time, so listen as I spit some facts.
News is worse than a distraction, it ACTIVELY inhibits you from making good decisions.
You have TradingView at your fingertips and it contains all the information you need, in a package so advanced it's frightening. STICK TO PRICE ACTION! I will say this again at the end.
I am 100% certain that I only started to be successful after I stopped DIRECTIONAL trading based on news. Of course, I know the broad mass of what's going on in the markets and which news events may have an effect. I haven't stopped listening to and reading the news, but I HAVE started to see it all differently.
You can see from the chart that all the recent "Shock News" has no real impact unless you are a day trader. rate decision, statements, unemployment, blah blah....
I am not saying that news is not important, I'm saying that you need to translate it and to be aware of why it is written. This probably sounds like a weird thing to say, but hear me out.
Do a memory check with me.
When was the last time that the news was all positive about bitcoin?
Answer: At the top and on the way down, when the big boys were selling it to naïve retail (like you, probably).
Now we are at the bottom, all the news is negative on BTC. I wonder why? (HINT: They want you to panic out so they can buy.)
There are three possible reasons for this.
1. The writers are dumb. They are part of the retail crowd themselves and are therefore subject to the same impulses, fears and hopes. They get carried away when things are pumping, and drop into despair when the markets plunge.
2. The whole industry is driven by the big firms, who obviously want to make as much money as they can. Retail traders are, on average, so bad at trading that brokers don't even put their trades into the market, preferring to risk taking the other side themselves. 75% of retail traders lose money. 90% of retail traders will lose 90% of their first trading account in the first 90 days. If I were a broker I would take the other side of those odds, thanks. All I have to do now is make people trade as much as possible. I get commission, and I probably get their stake as well. How to make people trade as much as possible? PUMP OUT NEWS THAT TRIGGERS TRADING.
3. A combination of 1 and 2. The financial industry, from megabanks through to news services, gurus and brokers, is set up to excite people about trading as much as possible. There is constant pressure to provide reasons why oil rose 5% or SP500 dropped 8% etc etc, and even on slow weeks the sheer amount of stories that are published is mind-blowing. The writers are unlikely to be traders themselves, and they just pump out stories based on what happened yesterday and what MIGHT happen today. It is all designed as a massive call to action that is constant, and traders just like you open (and close) positions based on "market analyst" pieces written by economists and professional analysts employed by the brokers.
Are you beginning to see how it all fits together?
The industry LOVES a day trader most of all, because they lose their stake the fastest, so day trading is promoted as exciting. After all, it IS exciting. Trading gives you a buzz. It's addictive, possibly more so than gambling. It is gambling after all, only slightly different, and if you trade like a gambler, you lose in the end.
So, how do I look at news?
1. If trading short-timeframe, I am aware of figures that are due this week, and avoid holding a position coming up to an announcement, and for a while afterwards.
2. If trading medium- to long-term, I remember that the non-farm payrolls may move the market a few percent sometimes, but when you zoom out you can barely see the effect. As a result most of my trading is swing trading.
3. I regard it as a reverse indicator if anything. It never ceases to amaze me when I am thinking about taking a long in, say, Gold, and then an email hits my inbox containing a bearish Gold story. I don't think I am becoming QAnon but I do think these stories can easily be planted by the big players. What journalist doesn't want to write a story after they interview some "master of the universe" trader from GS or JPM or wherever. Or maybe the boss says "write a Gold story today", so they call up their contact who trades it for a bank. Same effect. The banks are in buy mode, and they need retail to sell it to them.
If this sounds like I think the whole thing is a colossal rigged casino, then I am getting my point across. News is just a part of the effort to separate you from your cash, but it's doing a great job.
So, what to do?
1. Trade on Price Action only.
2. Be aware of news in case it affects a trade you may place or one that you have on,
3. Understand that nearly all news is designed to make you panic in or out of a trade, and regard it VERY cynically. It can be hard to remain calm in the face of a negative headline, but that's what a good pro trader will do. Currently I am long BTC, despite huge negative headlines.
Once again, repeat after me:
You have TradingView at your fingertips and it contains all the information you need, in a package so advanced it's frightening. STICK TO PRICE ACTION!
DEGO/USDT huge gains expected Hi guys , BINANCE:DEGOUSDT is undervalued , low market cap
Right now I can see there is a great movement
Entry : 1.9
SL: 1.81
Tp1: 3
Tp2: 4
I would prefer hold this gem for 2 or 3 weeks , if it close above ema 200 , then you can expect more gains , as well as " 15 September is important day for dego"
" LAST time I gave FIDA/usdt , which went to 20% in 2 days
* NOTE : This is not a financial advice
Thanks , please like my idea
🤖 #BTCLIVE - 08.09 🤖🤖 #BTCLIVE - 08.09 🤖
TLDR:
Short-Term (-1 Day)
30:70- Bullish:Bearish
Mid-Term (1 Week+)
40:60
Bullish:Bearish
Long-Term (1 Month+)
90:10 - Bullish:Bearish
OVERVIEW:
After a massive breakdown of market structure we have finally made the suggested $18.8k potential bottom. Things are not looking particularly bullish though and with Jerome Powells talking in the coming hours the market really could go anywhere. Likelihood is that it will go down a little further as we are slightly more bearish on the technical analysis side of things with a potential descending triangle forming if we break down on this pennant structure (which is technically bullish on the short term timeframe) although with bearish divergences and general bearish sentiment I am not holding much hope for it.
If we break down out of this pennant and below $19k then I would have a conservative stop at $18.5k to find support with a bounce there. Breaking up and retesting the support trendline/$19k could see a break up to and retest of $20k quite quickly. Incredibly volatile at the moment so watch out with trades.
TECHNICAL ANALYSIS:
BULLISH FACTORS:
+ Bullish Divergence on the 1D
+ Bullish Descending wedge on the 1D & Weekly
+ Oversold on the Weekly & Daily
+ Reversal signal on the Weekly
+ Holding Daily Trendline with an upper trendline of $21k target
BEARISH FACTORS:
- Bearish Divergence in play
- Rejection from key resistance
- Bearish Gartley on the 5min
- Macro Bear Trendline resistance
- 1hr Trendline Resistance
NEWS:
Bull:
+ Russian Central Bank & Finance Ministry agree to legalize cryptocurrency use for cross-border payments
+ Saudi Arabia's central bank has appointed cryptocurrency chief to advance digital goals.
+ Iran is now licensing #Bitcoin miners under new regulatory framework.
+ The ETH merge has begun, deposits and withdrawals being held
+ Switzerland’s SEBA Bank Launches Ethereum Staking Services for Institutional Clients
Bear:
- POWELL IS SPEAKING TODAY!
- Sept 13: CPI data
- Sept 15: $ETH merge expected sell off
- Sept 16: Mt. Gox Claims Deadline
- Sept 21: FOMC rate hike decision
- Sept 22: $ADA Vasil Hardfork
- Voyager To Liquidate Assets at Auction cryptopanic.com
- Coinbase, FTX, Binance and other exchanges fall under SEC jurisdiction, says SEC Chair
- IMF Executives Call for Global Crypto Regulatory Regime To Keep Consumers Safe
MARKET SENTIMENT:
Fear & Greed Index - Sep 08, 2022:
Today: 20 (Extreme Fear)
Yesterday: 24 (Extreme Fear)
Avg. 1W: 22 😱
Avg. 2W: 24 😱
Avg. 1M: 30 😱
Avg. 2M: 29 😱
Avg. 3M: 24 😱
Avg. 6M: 24 😱
Avg. 1Y: 33 😣
🔸 #Bitcoin
Price: $19,281
24h Low: $18,644
24h High: $19,479
MC Change: $8.1B (2.3%)
Dominance: 36.1%
24h: 2.3%
7d: -2.6%
14d: -10.6%
30d: -16.9%
60d: -11.8%
200d: -51.9%
1y: -63.4%
EURUSD before ECB Today ECB will increase the interest rates. This is the only certain thing.
It's more important by how much and also when will they do it again.
Any moves on EURUSD will be based on this information.
If you're looking for the best setups only then it's probably best to wait for the news and then look for positions!
We are expecting for price to continue lower in the long term but it's also possible to see spikes around 1,0100 in the short term.
⛔️EURUSD important UPDATE before big news release!!Please see related ideas for better context, everything else is in the video. But in short - we will have a lot of manipulative moves during the next two days. See why in the video.
👋 Disclaimer: All ideas here are for educational purposes only, not financial advice. Your trades are yours only, and your complete responsibility. I'm not particularly bullish or bearish on any given instrument, and I don't have a "fixed" bias. I'm just following the strategy I learned from my teachers and that's all. We can have completely different views on the market and still both make profits. Everything here should be treated as a simulation.
👉I believe a trader doesn't need to predict anything, so the "right or wrong" mentality is a fundamental flaw of any beginner. A trader should find a system he's willing to work with long-term, hindsight test, backtest and then execute live. He's right only when he executes the system, and he's wrong only when he's taking random setups.
🚀Thanks for your BOOSTS and support🚀
💬Send your comments and questions below, and share your ideas and charts, I'll be glad to talk to you💬
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 65% chance Bitcoin will Rise from our current entry point.
📉 LONG - BTC : $19,870📉
💵 Length of trade: we are expecting BTC to hit a 200 scalp, with a high end of 300, and a minimum expectation of $175.
🕰️ Duration of trade: we are expecting this to occur in 4.5 hours of this signal; having a possibility of the Min. Profit Target being hit with a fast spike under 1.5 hours. Then we see a maximum duration of 9 hours .
🤖 #BTCLIVE - 06.09 🤖🤖 #BTCLIVE - 06.09 🤖
TLDR:
Short-Term (-1 Day)
50:50- Bullish:Bearish
Mid-Term (1 Week+)
40:60
Bullish:Bearish
Long-Term (1 Month+)
80:20 - Bullish:Bearish
OVERVIEW:
There is a huge amount of potential volatility on the horizon with the ETH merge now beginning along with Binance now remove USDC etc. not particularly bearish there but can still lead to FUD. Finally there is a could amount of unpredictability with FED announcements mid September. Lastly the deadline to Mt.Gox claims end on the 16th Sept. which is essentially the confirmation that "this is happening". At the same time with such items as Russia and Iran allowing for Crypto payments along with oil declining which is always a good thing for investments.
Technically we are still within this symmetrical triangle consolidation with the lower end lining up at about $19.75k a break down there would not be particularly good news for bears although $19.5k would still be the critical support for much lower targets to hold - with again the targets being around $18.8k here. There is a potential head and shoulders in play that can head down to as low as $19.5k.
The bullish scenario is looking better on the long term (Daily) with currently holding the lower trendline and additionally there is a descending wedge that we are technically breaking out of although not with a confident volume behind it and an upper trendline target of $21k although from a shorter term perspective we would need to invalidate the head and shoulders pattern first at $20k which can target $20.2k although the key confirmation is to break out of this symmetrical triangle first.
TECHNICAL ANALYSIS:
BULLISH FACTORS:
+ Bullish Divergence on the 1D
+ Bullish Descending wedge on the 1D
+ Oversold on the Weekly
+ Reversal signal on the Weekly
+ Wave Dip signal on the daily
+ Bullish Weekly Pivot
+ Holding Daily Trendline with an upper trendline of $21k target
+ Holding a key area of support
+ Flipped 20 and 50EMA
+ Flipped 2 key resistances
+ Breaking out of the descending wedge on the daily
+ Bullish pennant on the 5min
BEARISH FACTORS:
- Potential H/S pattern in play - need to break $20.1k to invalidate
- Prime Pullback Signal
- Rejected again from 200 EMA
- Bearish Broadening wedge on the 5min
NEWS:
Bull:
+ Russian Central Bank & Finance Ministry agree to legalize cryptocurrency use for cross-border payments
+ Saudi Arabia's central bank has appointed cryptocurrency chief to advance digital goals.
+ Iran is now licensing #Bitcoin miners under new regulatory framework.
+ The ETH merge has begun, deposits and withdrawals being held
+ Singapore’s largest bank, DBS, aims to expand #Bitcoin and crypto services to 300,000 new clients.
+ Crude oil decline may fuel #Bitcoin recovery - Bloomberg Intelligence
Bear:
- Sept 13: CPI data
- Sept 15: $ETH merge expected sell off
- Sept 16: Mt. Gox Claims Deadline
- Sept 21: FOMC rate hike decision
- Sept 22: $ADA Vasil Hardfork
- stocks.apple.com
Russia cuts off gas exports to Europe via Nord Stream indefinitely
- Powell to talk on Thursday
- The ETH merge has begun, deposits and withdrawals being held
- Netflix has banned #Bitcoin and crypto related commercials on its new ad-supported subscription
- Binance Will ‘Auto-Convert’ $USDC, $USDP, $TUSD to $BUSD From September 29
MARKET SENTIMENT:
Fear & Greed Index - Sep 06, 2022:
Today: 22 (Extreme Fear)
Yesterday: 23 (Extreme Fear)
Avg. 1W: 22 😱
Avg. 2W: 24 😱
Avg. 1M: 31 😣
Avg. 2M: 29 😱
Avg. 3M: 24 😱
Avg. 6M: 24 😱
Avg. 1Y: 33 😣
🔸 #Bitcoin
Price: $19,775
24h Low: $19,657
24h High: $19,992
MC Change: -$3.7B (-1.0%)
Dominance: 36.8%
24h: -1.1%
7d: -2.6%
14d: -7.5%
30d: -14.0%
60d: -8.7%
200d: -51.2%
1y: -61.7%
Bitcoin Scalp Signals for Weekend Trades🖥️ We have determined there is a 65% chance Bitcoin will Rise from our current entry point.
📉 LONG - BTC : $19,805📉
💵 Length of trade: we are expecting BTC to hit a 225 scalp, with a high end of 300, and a minimum expectation of $175.
🕰️ Duration of trade: we are expecting this not to occur within 3 hours of this signal. This could be 8-12 hours, being weekend can drag on longer.
It's time to sell EURUSD After forming a new low, EURUSD has now started a pullback.
The best thing to do is to wait for this pullback to end and then look for entries to the downside.
We should watch out for reversal signals around the levels of 0,9976-0,9996.
If price breaks above 1,0090 then this downside move wouldn't be valid anymore.
🤖 #BTCLIVE - 05.09 🤖🤖 #BTCLIVE - 05.09 🤖
TLDR:
Short-Term (-1 Day)
60:40- Bullish:Bearish
Mid-Term (1 Week+)
30:70
Bullish:Bearish
Long-Term (1 Month+)
80:20 - Bullish:Bearish
OVERVIEW:
We are holding on for dear life to this lower trendline and some local supports, the key support is still looking at $19.5k to hold there are some decent buy orders in play protecting this for now. With the US Markets closed today it could allow for a bit of relief away from the usual sell off when there is a bearish sentiment leading into it. From a macro perstpective things are looking pretty good although with some midterm bearish movement factored in. IF we can hold this support and get back above $19.8k then it should give a very good signal of continued movement to the $20.2k region. Losing $19.5k puts us firmly on track to $18.8k. We ideally also need the dollar to start losing some strength too to help some investment come into BTC
There is some pretty inspiring news from Russia and Iran and additionally Saudi Arabia bringing in a Crypto arm to the back - this is good news but probably won't see any effect from it for a while.
Thursday could bring absolutely anything with Powell speaking again so watch out.
TECHNICAL ANALYSIS:
BULLISH FACTORS:
+ Bullish Divergence on the 1D
+ Bullish Descending wedge on the 1D
+ Oversold on the Weekly
+ Reversal signal on the Weekly
+ Wave Dip signal on the daily
+ Bullish Weekly Pivot
+ Bullish Wave Divergence
+ Strong Buy Orders
BEARISH FACTORS:
- Slightly bearish Daily POC
- 200 EMA Resistance incoming
- H/S pattern played/ing out
- Testing the lower trendline quite hard, currently slightly below
- Lost all EMA's
NEWS:
Bull:
+ Russian Central Bank & Finance Ministry agree to legalize cryptocurrency use for cross-border payments
+ Nigerian Govt considering a 'special economic zone' for cryptocurrency businesses.
+ Saudi Arabia's central bank has appointed cryptocurrency chief to advance digital goals.
+ Iran is now licensing #Bitcoin miners under new regulatory framework.
Bear:
- Sept 13: CPI data
- Sept 15: $ETH merge expected sell off
- Sept 16: Mt. Gox Claims Deadline
- Sept 21: FOMC rate hike decision
- Sept 22: $ADA Vasil Hardfork
- stocks.apple.com
Russia cuts off gas exports to Europe via Nord Stream indefinitely
- Powell to talk on Thursday
- 🇺🇸 US Dollar Index hits 20-year high of 110.25
METRICS (Last 24 hours):
EXCHANGE:
- Exchange Reserve - As the exchange reserve continues to rise, it indicates higher selling pressure.
Last Value:
2,322,706.6
24H%:
0%
7D%:
+1%
+ Exchange Netflow Total - Net deposits on exchanges are low compared to the 7-day average. Lower deposits can be interpreted as lower selling pressure.
Last Value:
1,423.02
24H%:
+176%
MINERS:
+ TURNED POSITIVE
+ Miners' Position Index ( MPI ) - Miners' are selling less holdings compared to its one-year average.
Holding
Last Value:
-1.0397
24H%:
+11%
/ TURNED NEUTRAL
/ Puell Multiple - Miner's revenue is in a moderate range, compared to its one-year average.
Moderate revenue
Last Value:
0.56831915
24H%:
+14%
ON-CHAIN:
- TURNED NEGATIVE
- aSOPR -More investors are selling at a profit. In the middle of a bull market, it can indicate a market top.
Realizing profit
Last Value:
1.0029
24H%:
+1%
+ Binary CDD - Long term holders' movement in the last 7days were lower than the average. They have a motive to hold their coins
Low long-term holders' movement
Last Value:
0.42857142
24H%:
-
- Net Unrealized Profit and Loss (NUPL) -Investors are in a Capitulation phase where they are currently facing unrealized losses. It indicates the decreasing motive to realize loss which leads to a decrease in sell pressure.
Captulation
Last Value:
-0.09330793
24H%:
+4%
+ TURNED POSITIVE
+ Transfer Volume - The total number of coins transferred has increased by 148.00% compared to yesterday.
Last Value:
3,061,086.78
24H%:
+148%
+ TURNED POSITIVE
+ Active Addresses - The total number of active wallets used to send and receive coins has increased by 138.00% compared to yesterday.
Last Value:
1,137,186
24H%:
+138%
+ Transactions - The total number of transactions has decreased by -39.00% compared to yesterday.
Last Value:
214,340
24H%:
+110%
INVESTOR SENTIMENT
- TURNED NEGATIVE
Coinbase Premium - US investors' buying pressure is relatively weak in Coinbase.
- Korea Premium -Korean retail investors' buying pressure is relatively strong.
- Fund Premium - Investors in funds and trusts including Grayscale have relatively weak buying sentiment.
DERIVATIVES
- TURNED NEGATIVE -
- Funding Rate - Short position traders are dominant and are willing to pay long traders.
Last Value:
-0.00607986
24H%:
-28%
- TURNED NEGATIVE
- Taker Buy Sell Ratio - Selling sentiment is dominent in the derivatives market. More sell orders are filled by takers.
Buy:
0.51493069
Sell:
0.48506931
/ Open Interest - As OI increases, it indicates more liquidity, volatility , and attention are coming into the derivative market. The increasing trend in OI could support the current ongoing price trend
Last Value:
8,820,290,269.98
24H%:
-1%
7D%:
+3%
- Liquidation - 6507028.91 of long positions were liquidated in the last 24 hours.
Long:
6,507,028.9
Short:
4,006,594.45
MARKET SENTIMENT:
Fear & Greed Index - Sep 05, 2022:
Today: 23 (Extreme Fear)
Yesterday: 20 (Extreme Fear)
Avg. 1W: 23 😱
Avg. 2W: 25 😱
Avg. 1M: 31 😣
Avg. 2M: 29 😱
Avg. 3M: 24 😱
Avg. 6M: 24 😱
Avg. 1Y: 33 😣
🔸 #Bitcoin
Price: $19,988
24h Low: $19,649
24h High: $20,021
MC Change: $3.0B (0.8%)
Dominance: 37.2%
24h: 0.8%
7d: -0.4%
14d: -5.6%
30d: -11.9%
60d: -1.0%
200d: -55.2%
1y: -60.0%
A new low on EURUSD On Friday, EURUSD formed a lower high and it's now testing the bottom at 0,9900.
It is very likely that we will see a breakout and price reaching 0,9800.
The ECB Interest Rates are this week which means we should see some moves.
Entries should be made after a pullback or a breakout. We're definitely not looking to buy!
EURUSDHello my dear friends
This area that the price movement has reached now is from the last twenty years.
Currently, a type of intensive movement has been created for us in the daily chart, which is likely to exit either from the upper or lower side.
In the four-hour time frame, the positive divergence of the RSA has been issued, as a result, the probability that the price will break out of this compression from the upper side is higher.
Please keep in mind that the above view is valid as long as the price range of $0.9567 is maintained.
We would be happy to hear your comments
🤖 #BTCLIVE - 03.09 🤖🤖 #BTCLIVE - 03.09 🤖
TLDR:
Short-Term (-1 Day)
70:30- Bullish:Bearish
Mid-Term (1 Week+)
40:60
Bullish:Bearish
Long-Term (1 Month+)
80:20 - Bullish:Bearish
TECHNICAL ANALYSIS:
We seem to be holding the bottom of the sym. triangle quite nicely, with a fair few bullish factors lining up. I would be heavily committed to a long to at least $20.2k altough with it being Sunday and the market comign back online in a few hours still these movements can be quite misleading. When the Asian market comes on line it should be quite telling.
The key areas to watch are $19.5k as losing that not only confirms a break down out of the pattern but a break of a very key support and further downside is expected in the short term to potentially $18.8k although holding should comfortably see $20.2k although I am not particularly bullish beyond and expect a rejection there.
Technical Analysis Bullish Factors:
+ Bullish Divergence on the 1D
+ Bullish Descending wedge on the 1D
+ Oversold on the Weekly
+ Reversal signal on the Weekly
+ Wave Dip signal on the daily
+ Bullish Weekly Pivot
+ Bullish Wave Divergence
+ Regained trendline support and holding the sym. triangle pattern
+ Regained 20, 50 ema and HMA
+ MACD turning bullish
+ Bullish Weekly Pivot
Technical Analysis Bearish Factors:
- Slightly bearish Daily POC
- 200 EMA Resistance incoming
- Not fully broken local resistance
- TD6 showing
NEWS:
Bull:
+Nada
Bear:
- Zip
🤖 #BTCLIVE - 03.09 🤖🤖 #BTCLIVE - 03.09 🤖
TLDR:
Short-Term (-1 Day)
60:40- Bullish:Bearish
Mid-Term (1 Week+)
30:70
Bullish:Bearish
Long-Term (1 Month+)
80:20 - Bullish:Bearish
TECHNICAL ANALYSIS:
We are tracking at the bottom of the symmetrical triangle now, directly on the trendline support, currently showing a TD7 formed - currently diminishing volume. Breaking down on the triangle can lead to a much bigger drop with the significant support needing to hold sitting at $19.5k - key bear targets are sitting at $18.8 that are very achievable although I am expecting huge buys to appear any where between $20k and and $18.8k that could turn the tide to bullish quite easily. Although I am slightly bullish for the short term and don't think we will break down on this test yet so a bullish target of $20.2k before a bigger sell off I feel is very achievable from here.
General sentiment in the market with the Mt.Gox news and ETH merge dropping in September are looking like they could be leading to a sell off, coupled with the heavily bearish sentiment attached to September $18.8k wouldn't be too surprising.
Technical Analysis Bullish Factors:
+ Bullish Divergence on the 1D
+ Bullish Descending wedge on the 1D
+ Oversold on the Weekly
+ Reversal signal on the Weekly
+ Wave Dip signal on the daily
+ Bullish Weekly Pivot
+ Slightly Bullish Daily POC
+ TD7 coming into Trendline support
Technical Analysis Bearish Factors:
- Broken local support
- Ranging in bearish symmetrical triangle
- Big rejection from the 200EMA
- Broke the HullMA
NEWS:
Bull:
+
Bear:
- Sept 13: CPI data
- Sept 15: $ETH merge expected sell off
- Sept 16: Mt. Gox Claims Deadline
- Sept 21: FOMC rate hike decision
- Sept 22: $ADA Vasil Hardfork
- stocks.apple.com
Russia cuts off gas exports to Europe via Nord Stream indefinitely
METRICS (Last 24 hours):
EXCHANGE:
- Exchange Reserve - As the exchange reserve continues to rise, it indicates higher selling pressure.
Last Value:
2,316,182.55
24H%:
0%
7D%:
+1%
+ TURNED POSITIVE
+ Exchange Netflow Total - Net deposits on exchanges are low compared to the 7-day average. Lower deposits can be interpreted as lower selling pressure.
Last Value:
982.3029
24H%:
+157%
MINERS:
/ Miners' Position Index ( MPI ) - Miners' are selling holdings in a moderate range compared to its one-year average.
Moderately selling
Last Value:
1.7051
24H%:
-364%
+ Puell Multiple - Miner's revenue is decreasing significantly compared to the cost they put in. This could indicate that price is undervalued along with the increasing miner's motive to hold their coins.
Low revenue
Last Value:
0.44632367
24H%:
-5%
ON-CHAIN:
+ aSOPR - More investors are selling at a loss. In the middle of a bear market, it can indicate a market bottom.
Realizing loss
Last Value:
0.97674869
24H%:
+1%
+ Binary CDD - Long term holders' movement in the last 7days were lower than the average. They have a motive to hold their coins
Low long-term holders' movement
Last Value:
0.42857142
24H%:
-
- Net Unrealized Profit and Loss (NUPL) -Investors are in a Capitulation phase where they are currently facing unrealized losses. It indicates the decreasing motive to realize loss which leads to a decrease in sell pressure.
Captulation
Last Value:
-0.0921114
24H%:
+12%
- Transfer Volume - The total number of coins transferred has decreased by -65.00% compared to yesterday.
- Active Addresses -The number of active wallets used to send and receive coins has decreased by -38.00% compared to yesterday.
+ Transactions - The total number of transactions has decreased by -39.00% compared to yesterday.
INVESTOR SENTIMENT
+ TURNED POSITIVE
+ Coinbase Premium - US investors' buying pressure is relatively strong in Coinbase.
- Korea Premium -Korean retail investors' buying pressure is relatively strong.
- Fund Premium - Investors in funds and trusts including Grayscale have relatively weak buying sentiment.
DERIVATIVES
TURNED POSITIVE -
- Funding Rate - Short position traders are dominant and are willing to pay long traders.
Last Value:
-0.00504039
24H%:
+578%
+ Taker Buy Sell Ratio - Buying sentiment is dominent in the derivatives market. More buy orders are filled by takers.
Buy:
0.51493069
Sell:
0.48506931
/ Open Interest - As OI increases, it indicates more liquidity, volatility , and attention are coming into the derivative market. The increasing trend in OI could support the current ongoing price trend
Last Value:
8,672,447,353.18
24H%:
+5%
7D%:
+3%
- Liquidation - 5861915.48 of long positions were liquidated in the last 24 hours.
Long:
5,861,915.48
Short:
772,838.74
MARKET SENTIMENT:
Fear & Greed Index - Sep 03, 2022:
Today: 21 (Extreme Fear)
Yesterday: 25 (Extreme Fear)
Avg. 1W: 24 😱
Avg. 2W: 26 😱
Avg. 1M: 32 😣
Avg. 2M: 29 😱
Avg. 3M: 23 😱
Avg. 6M: 24 😱
Avg. 1Y: 33 😣
🔸 #Bitcoin
Price: $19,969
24h Low: $19,771
24h High: $20,428
MC Change: -$3.2B (-0.8%)
Dominance: 37.4%
24h: -0.9%
7d: -1.5%
14d: -4.7%
30d: -12.6%
60d: -1.4%
200d: -53.2%
1y: -59.5%