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🤖 #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%
INDEX:BTCUSD
by Kryptochristian
⛔️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💬
by Yelli_trades
10
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 .
Long
by VirlVideo
🤖 #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%
INDEX:BTCUSD
by Kryptochristian
🤖 #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%
INDEX:BTCUSD
by Kryptochristian
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
Long
by FiboTech
🤖 #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
INDEX:BTCUSD
by Kryptochristian
3
🤖 #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%
INDEX:BTCUSD
by Kryptochristian
Bitcoin Day Trading Setups, Scalping Entries🖥️ We have determined there is a 70% chance Bitcoin will Rise from our current entry point. 📉 LONG - BTC : $20,025📉 💵 Length of trade: we are expecting BTC to hit a 250 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 . 📊🖥️ Indicator Shown on Chart : Scot Signal Indicator
Long
by VirlVideo
1
Bitcoin Scalp Signal for Day Trading🖥️ We have determined there is a 70% chance Bitcoin will Rise from our current entry point. 📉 LONG - BTC : $20,000 📉 💵 Length of trade: we are expecting BTC to hit a 300 scalp, with a high end of 400, and a minimum expectation of $200. 🕰️ 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 2 hours. Then we see a maximum duration of 9 hours . 📊🖥️ Indicator Shown on Chart : Scot Signal Indicator
Long
by VirlVideo
Bitcoin Day Trading Setups, Scalp Entries🖥️ We have determined there is a 60% chance Bitcoin will Fall from our current entry point. 📉 SHORT - BTC : $20,385 📉 💵 Length of trade: we are expecting BTC to hit a 250 scalp, with a high end of $500, and a minimum expectation of $185. ⤵️ We Feel BTC will back test the 50 EMA on the 15 minute chart, $20,105 🕰️ Duration of trade: we are expecting this to occur in 6 hours of this signal; having a possibility of the Min. Profit Target being hit with a fast spike under 2 hours. Then we see a maximum duration of 12 hours . 📊🖥️ Indicator Shown on Chart : Scot Signal Indicator
Short
by VirlVideo
Daily Candles on AMCDon't shoot the messenger. I am not a professional. I think you are going to see a breakdown of AMC to about $6.15. The last three candles on the chart is a bearish formation, it recently broke its trendline and there is no buying volume. It is at a heavy resistance at around $9.70. There is also the subject of parity with APE. Where the 2 prices meet in the middle and trade together. APE is very low right now and if there is a parity it would most likely be in the $6.50 range. All opinions are welcome!
NYSE:AMCShort
by Adventure_Joe
1
🤖 #BTCLIVE - 30.08 🤖🤖 #BTCLIVE - 30.08 🤖 TLDR: Short-Term (<1 Day) 40:60- Bullish:Bearish Mid-Term (<1 Week) 50:50 Bullish:Bearish Long-Term (1 Month 80:20 - Bullish:Bearish TECHNICAL ANALYSIS: Alot of interesting data at the moment, in the short-term everything is looking quite stretched and oversold most notably with an ascending wedge forming, along with a few sell signals on resistance, we will need some volume to break up out of this at the moment it is holding, I am leaning quite bearish in the short term due to this with a break down of the triangle to potentially 19.5k - 19.8k area of support. A break up however will move to $21.7k with little resistance in the way. The long term however is a different story with some big bullish signals showing now most notably the contrarian reversal signal on the weekly for alpha prime sat on a macro trendline support, this coupled with the newly formed descending wedge on the daily is telling me we are not far off an imminent push up over the next 4 weeks, this could be the start....bull rally loading! Otherwise coming to the end of the consolidation now so biggish move expected. Technical Analysis Bullish Factors: + Wave Dip buy signal on the daily (very strong) + Contrarian Reversal on the Weekly on Macro Trendline + Descending Wedge on the 1D + Wave Dip Buy Forming on the 1Day Technical Analysis Bearish Factors: - Head & Shoulders on the 5min - Pullback signal on the 1hr - Wave trend Oversold on 1hr - Peak Signal on the Alpha Wave on 1hr - Weekly Pivot Filled - CME Gap filled - 200 EMA resistance - Under key resistance - Ascending Wedge NEWS: Bull: + Iran passes law enabling Bitocin and crypto payments for imports cryptopanic.com + Indonesia's biggest tech company, GoTo, just bought a Bitcoin exchange. + Qatar grants the country's first digital payments services license to iPay. + Singapore High Court grants #crypto lender Holdnaut protection from investors. + 7,507 $BTC ($151 million) has been taken off exchanges in the last 7 days. + The whales addresses controlling 1k to 10k BTC are starting to accumulate coins on-chain Bear: - Chinese police arrest over 200 people linked to one of the country’s largest banking scandals ever. - FBI issues #DeFi crypto vulnerabilities warning. METRICS (Last 24 hours): EXCHANGE: + Exchange Reserve - As the exchange reserve continues to fall, it indicates lower selling pressure. - Exchange Netflow Total - Net deposits on exchanges are high compared to the 7-day average. Higher deposits can be interpreted as higher selling pressure. MINERS: / Miners' Position Index ( MPI ) - Miners' are selling holdings in a moderate range compared to its one-year average. Moderately selling Last Value: -0.90908933 24H%: -10% / Puell Multiple -Miner's revenue is in a moderate range, compared to its one-year average. Moderate revenue Last Value: 0.5305056 24H%: -2% 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: 0.99056737 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: 0.28571428 24H%: +100% - 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: -0.05740991 24H%: -35% - Transfer Volume - The total number of coins transferred has decreased by -36.00% compared to yesterday. TURNED POSITIVE + + Active Addresses - The total number of active wallets used to send and receive coins has increased by 19.00% compared to yesterday. TURNED POSITIVE + + Transactions - The total number of transactions has increased by 24.00% 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 - Funding Rate - Short position traders are dominant and are willing to pay long traders. Last Value: -0.00450709 24H%: +101% + Taker Buy Sell Ratio - Buying sentiment is dominent in the derivatives market. More buy orders are filled by takers. Buy: 0.53551546 Sell: 0.46448454 / 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: 8,591,474,245.29 24H%: 0% 7D%: +1% + Liquidation - 19857239.24of short positions were liquidated in the last 24 hours. Long: 3,734,557.07 Short: 19,857,239.24 MARKET SENTIMENT: Fear & Greed Index - Aug 30, 2022: Today: 27 (Fear) Yesterday: 24 (Extreme Fear) Avg. 1W: 26 😱 Avg. 2W: 29 😱 Avg. 1M: 33 😣 Avg. 2M: 29 😱 Avg. 3M: 23 😱 Avg. 6M: 24 😱 Avg. 1Y: 33 😣 🔸 #Bitcoin Price: $20,327 24h Low: $19,617 24h High: $20,385 MC Change: $12.0B (3.2%) Dominance: 37.7% 24h: 3.4% 7d: -6.0% 14d: -16.4% 30d: -14.8% 60d: 1.1% 200d: -54.2% 1y: -58.5%
INDEX:BTCUSD
by Kryptochristian
Etherum 2.0 is COMING... More DetailsHello friends So finally we will ee ETH 2.0 as soon as posibble. I want to explain more details about MERGE upgrade and launch day. then have a look at some NEWS about ETH 2.0. lets see again whats Etherum 2.0 and MERGE upgrade? Ethereum will move from a proof-of-work consensus mechanism to a proof-of-stake blockchain known as MERGE Right now Ethereum uses the same consensus mechanism as Bitcoin known as proof of work. This requires miners to validate transactions and keep the network secure. It is slow, costly, and uses large amounts of energy by design. Proof of stake is different because it gets rid of miners altogether and uses validators (people who “stake”—or lock-up—Ethereum to keep the network secure and running). After the upgrade the only way to create new ETH will be to stake pre-existing ETH on the network which analysts expect could have a deflationary impact on the cryptocurrency. Moving to proof of stake will then make Ethereum “99% more energy efficient. Ethereum Merge expected between 10 and 20 September. Now lets check some HOT news about this happening: 22 August 2022: CME Group to launch Ethereum options prior to ETH 2.0 Merge 17 August 2022: Coinbase pausing ETH deposits during Merge is ‘not significant’ 12 August 2022: Ethereum Merge to take place 15/16 September after Goerli success I hope this upgrade be successful and after that Vitalik can go ahead SHARDING mechanism... More incredible things will be happpen... just BE patient... Share me your opinion about this article. are you like this type of atticles??? so let me know.. thanks
CRYPTOCAP:ETHEducation
by TraderAmin-KZ
4
🤖 #BTCLIVE - 27.08 🤖🤖 #BTCLIVE - 27.08 🤖 TLDR: Short-Term (<1 Day) 60:40- Bullish:Bearish Mid-Term (<1 Week) 60:40 Bullish:Bearish Long-Term (1 Month 70:30 - Bullish:Bearish TECHNICAL ANALYSIS: There are surprisingly a decent amount of bullish factors in play although there is a much larger bearish sentiment at play with Jerome Powells words still resonating and the additional FUD from the MT Gox Fake News turned the market bot below $20k Bitocin price and also below the critical $1T mark. In a macro sense on the 1 week chart the max pain price at the lower end of the descending wedge is looking a potential $16k which is looking a lot more realistic now that a week ago. Currently it is a tough call with us sat right on $20k although leaning slightly towards losing it over the next 24 hours for some contuned pain for the bulls - It is looking like we will track down in this channel to around $19.6k before the next bounce or dump to a bigger bear target of $18.8k is still on the cards. Although we do see some quite unusual activity on Sunday's and a jump up out of this channel can also jump to $20.5k could be very realistic if only short lived. Technical Analysis Bullish Factors: + Untested Daily POC line at $20.1k + Untested Weekly Pivot + Bullish Divergences coming in + Descending channel + New Weekly Pivot will likely be untested too at $20.5k region Technical Analysis Bearish Factors: - Lower Low - Broke $20k support - big support - Below all EMA's ad DEMA's NEWS: Bull: + Mt Gox news turned out to be fake Bear: - Fake Mt Gox Repayment News spread on Crypto Twitter, possible instigation of FUD
by Kryptochristian