Get started

NEWS

🤖 #BTCLIVE - 24.08 - #IDEA 🤖🤖 #BTCLIVE - 24.08 - #IDEA 🤖 TLDR: Short-Term (<1 Day) 80:20- Bullish:Bearish Mid-Term (<1 Week) 50:50 Bullish:Bearish Long-Term (1 Month 60:40 - Bullish:Bearish TECHNICAL ANALYSIS: There is alot pointing towards a bullish move here, most notably the ascending triangle pattern, the perceived incoming rejection for DXY, USDT Dominance breaking down on pennant and ALT market cap showing a bull flag. All of these factors are suggesting some bullish pressure to come in. BTC is holding its local trendline support and formed a new ascending trendline support. There is still a huge macro trendline resistance to breakthrough which means this push will not likely be sustained but targets of $22k - $23k seem quite achievable. There incoming 20 DEMA and 200 EMA is not ideal. There is also finally some nice well spread out and consistent bullish news circulating with strong applications to money into market that further enhances a break up chance. On the bear side, a break down of around $21.2k would be really bad news for bulls and the same old targets of $20.8k down to $20k are what will be looking realistic in the short term. Otherwise coming to the end of the consolidation now so biggish move expected. Technical Analysis Bullish Factors: +HullMA is turning bullish + USDT Dominance broken down on pennant + Alt Market Cap in a bull flag + Holding local trend support + DXY looking like a big rejection incoming + Bullish Weekly Pivot + Ascending Triangle formed Technical Analysis Bearish Factors: - 200EMA Resistance incoming - 20 DEMA Resistance incoming - Weekly Bearish McFly NEWS: Bull: + Zero fee ETH trading - naturally bring new blood into the market + Sullivan Bank has partnered with Bakkt to offer #Bitcoin and #Ethereum trading for customers. + Valour’s Binance Coin ETP to start trading on Germany’s largest stock exchange (cryptopanic.com) + Mastercard CEO says they’re working with Binance to let people spend crypto at more than 90,000,000 stores… (cryptopanic.com) + Malaysia's largest independent Investment Bank is developing a super-app with #Bitcoin trading! Bear: - Kucoin security breach METRICS (Last 24 hours): Bull + Bear - Funding Rate turned negative 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: -0.88430103 24H%: +6% / Puell Multiple -Miner's revenue is in a moderate range, compared to its one-year average. Moderate revenue Last Value: 0.61491857 24H%: +20% 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: 0.98419828 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 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: -0.00900459 24H%: -43% - Transfer Volume - The total number of coins transferred has decreased by -78.00% compared to yesterday. - Active Addresses - The number of active wallets used to send and receive coins has decreased by -20.00% compared to yesterday. - Transactions - The total number of transactions has decreased by -23.00% compared to yesterday. INVESTOR SENTIMENT - 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 - Funding Rate - Short position traders are dominant and are willing to pay long traders. Last Value: -0.00641179 24H%: -1,543% + Taker Buy Sell Ratio - Buying sentiment is dominent in the derivatives market. More buy orders are filled by takers. Buy: 0.55464148 Sell: 0.44535852 / 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: 8,572,156,239.51 24H%: +1% 7D%: -8% + Liquidation - 9109325.51 of short positions were liquidated in the last 24 hours. Long: 8,308,068.08 Short: 9,109,325.51 MARKET SENTIMENT: Fear & Greed Index - Aug 24, 2022: Today: 25 (Extreme Fear) Yesterday: 28 (Fear) Avg. 1W: 29 😱 Avg. 2W: 36 😣 Avg. 1M: 35 😣 Avg. 2M: 27 😱 Avg. 3M: 22 😱 Avg. 6M: 25 😱 Avg. 1Y: 34 😣 🔸 #Bitcoin Price: $21,541 24h Low: $20,955 24h High: $21,618 MC Change: $3.9B (1.0%) Dominance: 38.1% 24h: 0.6% 7d: -10.9% 14d: -9.6% 30d: -4.3% 60d: 2.1% 200d: -41.9% 1y: -56.3%
by Kryptochristian
1
🤖 #BTCLIVE - 23.08 - #IDEA 🤖🤖 #BTCLIVE - 23.08 - #IDEA 🤖 TL:DR: Short-Term (<1 Day) 60:40- Bullish:Bearish Mid-Term (>1 Day) 40:60 Bullish:Bearish Long-Term (1 Month 60:40 - Bullish:Bearish TECHNICAL ANALYSIS: Testing the underside of the Macro channel is the key issue here as we are slowly confirming this long term bear flag - although trendlines can be quite subjective so we may also be slightly on the inside of it and holding support either way there is consolidation occurring and a biggish move will be incoming. The encouraging bullish factors are the triple bottom on the short term with divergences and also the TD7 now forming on the daily. We have a natural cross section for a target at $22k with psych. resistance, bottom of the weekly pivot likely where the 200EMA on the 1hr and the topside of the broad. wedge pattern trendline. We are seeing some pushes and volume coming in, not a huge amount but enough to break this local resistance. Notably also there are no significant sell orders on the books. I feel this will be a target and either a big rejection back to the lower of the broad. wedge at similar levels to where we are at now or a potential huge breakout. which would put a target like $23.6k in our sights. A rejection here would be pretty brutal and could put us on the path to $20k and then ultimately $18.8k. We seem to be surprisingly light on news and especially FUD which is pretty unexpected, there is some announcements coming on Friday (PCE Price Index) that could shape the next week although it is not dependant on this just a catalyst. Bullish Factors: +Bullish Divergences + Flipped 20 and 50 EMA + Short Term Triple Bottom Pattern + Hull MA has flipped bullish + MFI is showing bullish signs + TD7 in play on the daily + Unfilled Bullish weekly Pivot + Hash Ribbon Buy Signal Bearish Factors: - Struggling to break the local resistance - Still trading under the macro channel - Trading under the 20, 50 and 200 DEMA and 200 EMA - McFly on Weekly - Rejected from upper Macro descending wedge trendline NEWS: Bull: + #Crypto exchange Huobi has been granted a money services business registration license in Canada. + EURO is at a 20 year low against the Dollar + Crypto.com has been granted a SOC 2 Type II certification. Bear: - EURO is at a 20 year low against the Dollar - One-third of estimated 115M Indian crypto users concerned about regulations cointelegraph.com METRICS (Last 24 hours): Bull + Taker Buy Sell Ratio turned positive + Liquidation turned positive Bear - Transfer Volume turned negative - Active Addresses turned negative - Transactions turned negative 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: -0.83540481 24H%: +6% / Puell Multiple -Miner's revenue is in a moderate range, compared to its one-year average. Moderate revenue Last Value: 0.51428537 24H%: -1% 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: 0.9727934 24H%: -2% + 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 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. Capitulation Last Value: -0.01028571 24H%: -59% - Transfer Volume - The total number of coins transferred has decreased by -41.00% compared to yesterday. - Active Addresses - The number of active wallets used to send and receive coins has decreased by -18.00% compared to yesterday. - Transactions - The total number of transactions has decreased by -9.00% compared to yesterday. INVESTOR SENTIMENT - 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 + Funding Rate - Long position traders are dominant and are willing to pay to short traders. Last Value: 0.00137447 24H%: -290% + Taker Buy Sell Ratio - Buying sentiment is dominent in the derivatives market. More buy orders are filled by takers. Buy: 0.53247521 Sell: 0.46752479 + Liquidation - 15933087.29 of short positions were liquidated in the last 24 hours. Long: 10,784,253.12 Short: 15,933,087.28 / 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: 8,514,395,337.34 24H%: +1% 7D%: -7% MARKET SENTIMENT: Fear & Greed Index - Aug 23, 2022: Today: 28 (Fear) Yesterday: 29 (Fear) Avg. 1W: 31 😣 Avg. 2W: 37 😣 Avg. 1M: 35 😣 Avg. 2M: 27 😱 Avg. 3M: 22 😱 Avg. 6M: 25 😱 Avg. 1Y: 34 😣 🔸 #Bitcoin Price: $21,413 24h Low: $20,961 24h High: $21,553 MC Change: -$5.2B (-1.3%) Dominance: 38.3% 24h: -0.6% 7d: -11.9% 14d: -7.7% 30d: -5.7% 60d: 7.2% 200d: -42.1% 1y: -56.2%
by Kryptochristian
🤖 #BTCLIVE - 22.08 - #IDEA 🤖🤖 #BTCLIVE - 22.08 - #IDEA 🤖 TL:DR: Short-Term (<1 Day) 60:40- Bullish:Bearish Mid-Term (>1 Day) 30:70 Bullish:Bearish Long-Term (1 Month 80:20 - Bullish:Bearish TECHNICAL ANALYSIS: Bounce nicely off this new trendline that is forming at $20.9k after break down of the ascending wedge to start to a new ascending broadening wedge - although it is in a downtrend here, these are historically pretty bearish. We have just formed a nice bullish divergence as well. With these 2 factors TA wise is looking like a potentially rise to the top end of this new Broad.Asc.Wedge which puts us at $21.9k on the nose. This is also the bottom of the Weekly pivot and notably where alot of new Sell Orders are sitting "coincidentally". It is looking like we might see some bullish relief to these levels before the next big rejection which would likely be to $21k and possibly lower if it breaks through, to about 20.7k and then $20k. If we lose $21k again from here then this could spell very bad news for bulls and see $20k very quickly - which deeper targets down to potentially $18.5k region. On a macro level I feel we are reaching the last phase of this bear cycle. with a preferred path of slow down ward consolidation to approx 18.5k before a huge pump up - which would be a very similar scene to the Jan 19 bear exit. This would coincide quite nicely with the DXY coming up to key resistance and a potential big rejection. Bullish Factors: + Bullish Weekly Pivots sitting between $22k to $23k + Similar looking pattern on the daily to Jan 2019 that formed the end of the bearish phase. + Still holding the $20.7k support + Bullish Divergence in play Bearish Factors: -Broken down on ascending wedge, bounced and on retest - Showing same pattern from 18th August that broke down - Rejected from the 20 and 50 EMA - Forming an ascending broadening wedge in down trend - bearish - Challenging the $21.4k resistance - Large Sell orders at $21.4k and $21.9k NEWS: Bull: + A new UK Bill can bring crypto into the scope of local payment regulation + Breaking: Ethereum Merge Officially Starts, Client Releases Bellatrix And Mainnet Update bit.ly + US, Ukraine, and UK lead in overall use of crypto globally, new study reveals (cryptopanic.com) Bear: - Bored Apes Approaching Mass Liquidation On BendDAO, Can This Crash Entire NFT Market? - Euro falls equivalent to the US Dollar for the second time this year. METRICS (Last 24 hours): Bull + Transfer Volume turned positive + Funding Rate turned positive Bear - Coinbase Premium turned negative - Taker Buy Sell Ratio turned negative 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: -0.7857449 24H%: +3% / Puell Multiple -Miner's revenue is in a moderate range, compared to its one-year average. Moderate revenue Last Value: 0.51784085 24H%: -1% 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: 0.9940512 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 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: -0.0212289 24H%: +48% + Transfer Volume - The total number of coins transferred has increased by +178.00% compared to yesterday. + Active Addresses - The total number of active wallets used to send and receive coins has increased by 15.00% compared to yesterday. + Transactions - The total number of transactions has increased by 7.00% compared to yesterday. INVESTOR SENTIMENT - 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 + Funding Rate - Long position traders are dominant and are willing to pay to short traders. Last Value: 0.00074996 24H%: -109% - Taker Buy Sell Ratio - Selling sentiment is dominent in the derivatives market. More sell orders are filled by takers. Buy: 0.489591 Sell: 0.510409 - Liquidation - 12551393.40 of long positions were liquidated in the last 24 hours. Long: 12,551,393.39 Short: 9,587,725.04 / 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: 8,422,356,344.99 24H%: -1% 7D%: -8% MARKET SENTIMENT: Fear & Greed Index - Aug 22, 2022: Today: 29 (Fear) Yesterday: 27 (Fear) Avg. 1W: 33 😣 Avg. 2W: 38 😣 Avg. 1M: 35 😣 Avg. 2M: 27 😱 Avg. 3M: 22 😱 Avg. 6M: 25 😱 Avg. 1Y: 34 😣 🔸 #Bitcoin Price: $21,535 24h Low: $21,127 24h High: $21,665 MC Change: $8.7B (2.1%) Dominance: 38.4% 24h: 1.8% 7d: -11.9% 14d: -6.3% 30d: -7.0% 60d: 4.0% 200d: -44.5% 1y: -56.2%
by Kryptochristian
🤖 #BTCLIVE - 21.08 - #IDEA 🤖🤖 #BTCLIVE - 21.08 - #IDEA 🤖 Snapshot: Short-Term 60:40- Bullish:Bearish Long-Term 80:20 - Bullish:Bearish Technical Analysis: Bullish Scenario: Breaking up out of this ascending wedge is key - a good confirmation for this would be breaking above $21.7k with volume or a confirmed retest. The next target puts $22.4k on the board. This would be quite a bullish sentiment overall - the key focus here is to stay within the macro channel as breaking down will cause a big drop. Ultimately we will likely see alot of consolidation and ranging around the mid channel here at a round $22.8k region. Bearish Scenario: Breaking down on the ascending wedge will be quite a bearish sentiment - at a about $21.2k this will be breaking down on the ascendign wedge and back out of the macro channel. Likely retest of $20.7k and breaking that will take us to $20k. I am slightly more in favour of this scenario Bullish Factors: + Break back into the macro channel above $21.1k + Strong Double Bottom + Higher Highs and Lows + Flipped 20 and 50 EMA + Broken Local resistance at $21.4k + Very Bullish Weekly Pivot + Active Addresses turned positive + Transactions turned bullish Bearish Factors: - Forming Ascending Wedge Short-Term - Bearish Daily POC forming - RSI is nearly at overbought - Bearish Candle - Transfer Volume turned negative Key News: Bull: + A new UK Bill can bring crypto into the scope of local payment regulation Bear: - Bored Apes Approaching Mass Liquidation On BendDAO, Can This Crash Entire NFT Market? 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: -0.76351231 24H%: -385% / Puell Multiple -Miner's revenue is in a moderate range, compared to its one-year average. Moderate revenue Last Value: 0.5230772 24H%: -19% On-Chain + aSOPR - More investors are selling at a loss. In the middle of a bear market, it can indicate a market bottom. + Binary CDD - Long term holders' movement in the last 7days were lower than the average. They have a motive to hold their coins - 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. - Transfer Volume - The total number of coins transferred has decreased by -73.00% compared to yesterday. + Active Addresses - The total number of active wallets used to send and receive coins has increased by 23.00% compared to yesterday. + Transactions - The total number of transactions has increased by 14.00% compared to yesterday. Sentiment + 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. + Taker Buy Sell Ratio - Selling sentiment is dominant in the derivatives market. More sell orders are filled by takers. - Liquidation - 11133298.76 of long positions were liquidated in the last 24 hours. / 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: 8,545,444,735.4 24H%: +2% 7D%: -9% Fear & Greed Index - Aug 21, 2022: Today: 27 (Fear) Yesterday: 29 (Fear) Avg. 1W: 36 😣 Avg. 2W: 38 😣 Avg. 1M: 35 😣 Avg. 2M: 27 😱 Avg. 3M: 22 😱 Avg. 6M: 25 😱 Avg. 1Y: 35 😣 🔸 #Bitcoin Price: $21,169 24h Low: $20,849 24h High: $21,354 MC Change: $4.1B (1.0%) Dominance: 38.5% 24h: 1.5% 7d: -13.3% 14d: -8.9% 30d: -9.2% 60d: 2.6% 200d: -45.1% 1y: -54.7% @FearGreedIndex
by Kryptochristian
1
🤖 #BTCLIVE - 20.08 - #IDEA 🤖🤖 #BTCLIVE - 20.08 - #IDEA 🤖 Snapshot: Short-Term 30:70- Bullish:Bearish Long-Term 80:20 - Bullish:Bearish Technical Analysis: Bullish Scenario: $20.7K is key to hold if there is any chance at a bullish rally - currently the double bottom is a pretty good sign but a break above $21.4k is required dor the first confirmation and targets will be $21.8k - no predictions beyond that. Bearish Scenario: Losing $20.7k then it will be a drop $20k with likely bounce and potential consolidation although high chance of breakdown to $18.8k Weekend volume is erratic at best so wait for confirmation of new week to asses true trajectory. Bullish Factors: + Buy Signal Printed on the Hash Ribbon Indicator + Printed a double bottom on the 1hr Bearish Factors: - Broken down on macro channel and looking like retest - DXY still pumping - Active Addresses turned negative - Transactions turned negative Key News: Bull: + US FED says cryptocurrencies present opportunities to banks, customers, and the whole financial system! + Starlink ( Elon Musk company) and World Mobile will be working together Bear: - 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: 0.26747583 24H%: -139% / Puell Multiple -Miner's revenue is in a moderate range, compared to its one-year average. Moderate revenue Last Value: 0.6446955 24H%: +15% On-Chain + aSOPR - More investors are selling at a loss. In the middle of a bear market, it can indicate a market bottom. + Binary CDD - Long term holders' movement in the last 7days were lower than the average. They have a motive to hold their coins - 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. + Transfer Volume - The total number of coins transferred has increased by 38.00% compared to yesterday. - Active Addresses - The number of active wallets used to send and receive coins has decreased by -52.00% compared to yesterday. - Transactions - The total number of transactions has decreased by -56.00% compared to yesterday. Sentiment + 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. + Taker Buy Sell Ratio - Selling sentiment is dominant in the derivatives market. More sell orders are filled by takers. - Liquidation - 21454466.85 of short positions were liquidated in the last 24 hours. / 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: 8,332,599,645.07 24H%: 0% 7D%: -13% Fear & Greed Index - Aug 20, 2022: Today: 29 (Fear) Yesterday: 33 (Fear) Avg. 1W: 38 😣 Avg. 2W: 38 😣 Avg. 1M: 35 😣 Avg. 2M: 26 😱 Avg. 3M: 21 😱 Avg. 6M: 25 😱 Avg. 1Y: 35 😣 🔸 #Bitcoin Price: $20,849 24h Low: $20,925 24h High: $23,246 MC Change: -$44.0B (-9.9%) Dominance: 38.1% 24h: -10.3% 7d: -14.6% 14d: -10.2% 30d: -10.6% 60d: 1.0% 200d: -45.9% 1y: -55.4%
by Kryptochristian
1
🤖 #BTCLIVE - 19.08 - #IDEA 🤖🤖 #BTCLIVE - 19.08 - #IDEA 🤖 Snapshot: Short-Term 40:60- Bullish:Bearish Long-Term 70:30 - Bullish:Bearish Technical Analysis: Bullish Scenario: We are now at the macro channel bottom - which was always a realistic scenario - from here I we can hold and start to range/consolidate to build for a move up there the major resistance to break is $22.6k - ideally we need to hold above $21.1k to give a higher chance at a bullish move Bearish Scenario: Losing $21.1k will drop out of this macro bear flag and we will highly likely see $20k and potentially lower to $18k. There is a chance of breaking down and consolidating at $20k where alot of whales will start accumulating the $20k support is big so it might hold, be wary of shorting too much now. Bullish Factors: + Trading at the bottom of macro channel now + approaching $20k psychological support - Heavily oversold on 1 hour and approaching oversold on daily Bearish Factors: - Exchange Netflow Total turned negative - Net Unrealized Profit and Loss (NUPL) turned to Capitulation phase - Lost 3 key supports - Trading under all EMAS and DEMAs - Short trend signal printed now - DXY is pumping hard - Fully printed mcfly on the weekly - Broke down on Pennant Key News: Bull: + Lol Bear: - JUST IN: FDIC sent a cease-and-desist letter to FTX US, alleging it misleads investors over deposit insurance. - US lawmakers eye environmental impact of crypto mining www.theblock.co - CZ FUD "They want to buy cheap" - #Crypto lender Hodlnaut lays off 80% of its staff and reveals they're under investigation by the Singapore police. - Japan's largest online brokerage will shut its #crypto-mining operations in Russia. Metrics: - HUSD depegs 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. / Puell Multiple -Miner's revenue is in a moderate range, compared to its one-year average. On-Chain + aSOPR - More investors are selling at a loss. In the middle of a bear market, it can indicate a market bottom. + Binary CDD - Long term holders' movement in the last 7days were lower than the average. They have a motive to hold their coins - 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. + Transfer Volume - The total number of coins transferred has increased by 154.00% compared to yesterday. + Active Addresses - The total number of active wallets used to send and receive coins has increased by 55.00% compared to yesterday. + Transactions - The total number of transactions has increased by 67.00% compared to yesterday. Sentiment + 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. + Taker Buy Sell Ratio - Selling sentiment is dominant in the derivatives market. More sell orders are filled by takers. - Liquidation - 91108940.60 of short positions were liquidated in the last 24 hours. / 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: 8,495,455,849.56 24H%: -10% 7D%: -9% Assign your Max Active Deals based on the 7 Day Fear & Greed Average Accordingly. F&G Filter: 0 - 20 - 100% Max Active Deals 20 - 40 - 80% Max Active Deals 40 - 60 - 60% Max Active Deals 60 - 80 - 40% Max Active Deals 80 - 100 - 20% Max Active Deals Fear & Greed Index - Aug 19, 2022: Today: 33 (Fear) Yesterday: 30 (Fear) Avg. 1W: 41 😕 Avg. 2W: 38 😣 Avg. 1M: 35 😣 Avg. 2M: 26 😱 Avg. 3M: 21 😱 Avg. 6M: 25 😱 Avg. 1Y: 35 😣 🔸 #Bitcoin Price: $23,247 24h Low: $23,134 24h High: $23,591 MC Change: -$2.2B (-0.5%) Dominance: 38.5% 24h: -0.5% 7d: -2.9% 14d: 1.7% 30d: 3.8% 60d: 22.0% 200d: -39.2% 1y: -47.8%
by Kryptochristian
1
🤖 #BTCLIVE - 18.08 - #IDEA 🤖🤖 #BTCLIVE - 18.08 - #IDEA 🤖 Snapshot: Short-Term 40:60- Bullish:Bearish Long-Term 60:40 - Bullish:Bearish Technical Analysis: Bullish Scenario: Breaking up on this bearish pennant will be helpful but more critically breaking back above $24k is where the price needs to be - If this can be achieved then a push to $25.3k at the upper range of the ascending wedge would be a target. Bearish Scenario: Breaking down on the bearish pennant will likely continue its move to $22.6k which is the slightly more expected scenario to occur here. Bullish Factors: + Still holding 50 DEMA support + Daily: Bullish Divergence + Daily: Incoming McFly + Exchange Reserve turned positive + Exchange Netflow Total turned positive + Active Addresses turned positive + Transactions turned positive Bearish Factors: - Flipping the 20 DEMA - Bearish Pennant Formed - Incoming Mcfly Signal - Consolidating Under Key Resistance - Lost Key Ascending Trendline Support to confirm breakdown of longer term ascending wedge - Weekly: Incoming McFly - Lost Key Support - Transfer Volume turned negative - Funding Rate turned negative Key News: Bull: + Crypto.com Business License Approved by UK Finance Watchdog (cryptopanic.com) + Australian convenience store chain with +170 locations now accepts #Bitcoin Bear: - #Bitcoin mining difficulty has increased by 0.63% to 28.35 trillion. - Ontario crypto exchanges impose $30K CAD annual limit on altcoin buys (cryptopanic.com) - Markets React to FOMC Meeting Minutes (cryptopanic.com) Metrics: Exchange + Exchange Reserve - As the exchange reserve continues to fall, it indicates lower selling pressure. + Exchange Netflow Total - Net deposits on exchanges are low compared to the 7-day average. Lower deposits can be interpreted as lower selling pressure. Miners / Miners' Position Index ( MPI ) - Miners' are selling holdings in a moderate range compared to its one-year average. / Puell Multiple -Miner's revenue is in a moderate range, compared to its one-year average. On-Chain + aSOPR - More investors are selling at a loss. In the middle of a bear market, it can indicate a market bottom. + Binary CDD - Long term holders' movement in the last 7days were lower than the average. They have a motive to hold their coins + Net Unrealized Profit and Loss (NUPL) -Investors are in a Fear phase where they are currently with unrealized profits that are slightly more than losses. - Transfer Volume - The total number of coins transferred has decreased by -24.00% compared to yesterday. + Active Addresses - The total number of active wallets used to send and receive coins has increased by 83.00% compared to yesterday. + Transactions - The total number of transactions has increased by 51.00% compared to yesterday. Sentiment + 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. + Taker Buy Sell Ratio - Selling sentiment is dominant in the derivatives market. More sell orders are filled by takers. - Liquidation - 14032357.38 of short positions were liquidated in the last 24 hours. / 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: 9,560,712,444.14 24H%: +3% 7D%: -4% Fear & Greed Index - Aug 18, 2022: Today: 30 (Fear) Yesterday: 41 (Fear) Avg. 1W: 42 😕 Avg. 2W: 38 😣 Avg. 1M: 35 😣 Avg. 2M: 26 😱 Avg. 3M: 21 😱 Avg. 6M: 25 😱 Avg. 1Y: 35 😣 🔸 #Bitcoin Price: $23,368 24h Low: $23,277 24h High: $24,439 MC Change: -$9.8B (-2.1%) Dominance: 38.4% 24h: -2.2% 7d: 0.7% 14d: 1.4% 30d: 12.2% 60d: 14.1% 200d: -38.3% 1y: -49.2%
by Kryptochristian
BTC Daily update - Waiting for Initial Jobless ClaimsYesterday I told you about sl hunt, congratz if you closed longs and opened shorts. Today we formed nice ascending triangle and now trading in it. Nearby we can see clear level where stoplosses of bears are located. However, 80% of BTC movement today will be decided by Initial Jobless Claims data. Be ready for volatility at the moment of data release. Right now, we will see range, so better to wait and not enter any positions. What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
Long
by Artem_Dishel
6
Deeper Network DPR Crypto Bearish FallDeeper Network DPR Crypto slowly sliding down in a bearish direction. At the moment there is no incentive to buy until the price bottoms out with Bitcoin as we all impatiently wait. Tomorrow is a AMA so we will see if there is any immediate solution before Sept 6th hits.......... Bearish News: Aug. 5 & 6, 2022 Deeper Network has turned down an invitation to showcase at Sir Richard Branson’s Block Chain Summit on Necker Island at the Neckerverse Showcase for a chance to pitch to the Virgin Impact team and other global heavyweight investors. The reason from Deeper Network "Cheryl, Russell and I ( Eric ) seriously considered attending the gathering but decided it was best to focus on exchange listings, research & development, and new product deadlines instead." Bearish News: Possible Token Crash Starting around September 6, 2022 thru the next 8 months, investors getting Deeper Chain DPR returned to them who bought in at .006cents to .02cents. Deeper is only allowing 750,000 DPR total perday from the miners and the invests to go over the bridge from Deeper Chain to the other two chains to get to an exchange and to sell. Some of the people have set up computer programs to keep dumping coins over the bridge first so they do not get locked out when the daily total of 750,000 is hit. There was 2Billion token allocated to sell but they only advertise 1Billion being sold. DPR given out already to the investors that crashed the coin the first time (estimated 40% returned), there is an estimated amount of 2 to 4 Million Deeper Chain DPR being released each day to their investors for the next 8 months starting in September 2022 thru May 2023. Will Deeper fully open the bridge or will they try to control their investors cash out for a second time, well see what happens…….. How will the miners plan for this apocalyptic scenario of no longer being able to move Deeper Chain DPR across the bridge to get it on an exchange to pay for their expenses? I foresee another massive upset that Deeper Network will hush the investors by kicking people out of there Deeper Network community social groups when people complain and get upset like what happened when they lock up the investors DPR the first time without paying them back as was promised in their smart contract that had a hidden back door in the smart contract to reprogram it and to lock back up again. This is a lack of trust that I don’t think Deeper Network will every out live. -Crypto Whale Information: See the Whale news on my channel for their Wallet address & Location, as you can track for yourself who is a true supporter and who is a dumper…… (AMA said Whales are allowed in the project now) - Deeper Chain Community Governance - Currently being controlled directly by Deeper Network, not by the Community but thru a back door in the program (Verified on AMA) I don't foresee them giving the governance to the community within the next year or so because they like to be able to have fully control without have to wait for voting approvals, because the programing is far from being perfect.............. - 7 Validator Nodes on Deeper Chain, 3 have been verified to be in control of by Deeper Network DEVs, apparently they can control votes on the Governance with their locked DPR rewards- Wallet Addresses 1st 5C4vNVT5pDroqufEtXKYp3RKrNXVTHk9yqTeNNUSnJ6EbGGY ; 2nd 5CJDFR5RCMxPwVdzgH6JA9D7M625FEFKrdsJG1JnQVQdQkH2 ; 3rd 5HCG6MvAhYgLZdPoD1BVHEjgKee9n4AhMLKfq64VLiM4znuU -Deeper Chain DPR Crypto Burn Wallet #1: (Warning this is a subject Deeper does not like to talk about) There has not been a routine burn setup yet promised by Deeper to fight inflation . The only burning is est 21DPR perday equivalent to about .80cents per day!!! from the Validator transactions which they are calling a “Routine Burning or Every Gas Fee”. The old burning was every 7 days and burnt all the treasury wallet. Then they slowed it down to every 24 Days thru the Treasury and to burn only about 1% now. There is credit burning set up for the miners, which is false advertisement because they only burn 1% of the money paid to buy credit to increase mining rewards. The rest of the money is added to the treasury wallet for Deeper to pay their DEVs instead. Waiting for Deeper Network to provide Burn Wallet Address for all three Blockchains so the community can monitor what they are being told. Talking about this subject will get you band and removed from Deeper Network Social media accounts so be aware………… Deeper Network has responded to my concern about this saying "that 1% of the treasury wallet is burned each day" but I don't believe that's what happens, I believe that only 1% of each transaction that is transferred to the Treasury wallet is then sent into the burn wallet only during the transaction process, not that 1% of the treasury wallet total is burned. So once the funds go into the Treasury wallet once the 1% has been taken out, the remaining funds are no longer programed to be burned. (...to be determined) At the moment it is unknown how to see a total burn amount from this wallet but you can see how much DPR will be burned in the next 7 day burn period. -Deeper Chain DPR Crypto Burn Wallet #2: Deeper Network has not provided the wallet address from the burning during the Pico sale so the community can monitor the wallet activity. - Deeper Token ECR-20 Blockchain Ethereum Burn Wallet Address - Deeper Network has not provided the wallet address from the burning during the Pico sale so the community can monitor the wallet activity. - Deeper Token BSC Binance Smart Chain Burn Wallet Address - Deeper Network has not provided the wallet address, nothing would be in the wallet address that i would be aware of if it exist yet - Deeper Chain Treasury Wallet Address: 5EYCAe5ijiYfyeZ2JJCGq56LmPyNRAKzpG4QkoQkkQNB5e6Z (At the moment this is funded by the left over Validator Transactions & Burn DPR for Credit Score Increase, 1% of Transactions going into the wallet are Burned, this is confirmed) - Polkadot Parachain for Deeper Chain – not yet, no future plans at the moment (Verified by Polkadot Support) -10 Billion DPR Total: 6 Billion DPR will be mined within 25years (Verified on AMA); & 4 Billion DPR Belong to Deeper & Investors -Location of Deeper Network servers where VPN data is stored: Unverified, Programmers working from China, ect. , Government Jurisdiction over VPN data information unknown, Privacy VPN info shows data is kept by Deeper Network, time period kept unknown. - Deeper Network VPN / DPN equipment concerns: They say they do not keep logs of records of your internet access BUT!!!!! When you login to the device for the first time it makes you approve there two privacy agreements first. Terms and Condition of Use agreement under point Prohibited and restricted uses point #25 say : “We shall have the right… to monitor User Content”; The second agreement you must approve is the Deeper Network Privacy Policy under Data we Collect says “We may receive access to basic personal information from your social network accounts should you register or sign onto such services using Deeper Network Products or Services” (Why in the world is Deeper trying to collect your personal information?????????, also would they not also be able to see your banking information then...), then under section Data Retention it says “We will keep records containing personal data….. as maybe required by applicable laws (So then which governments laws are you under because there are countries that require no data collected) at the end of the day Deeper Network is not a Decentralized VPN because your data is collected in Deeper Networks Servers and Deeper Does not allow the Miners with the Exit Nodes for the VPN service to erase the VPN data on there own devices, even if their country allows for no logs to be collected. Will Deeper Network change their policy’s to be in harmony with what they told their community of NO LOGS/DATA KEEP BY DEEPER and ONLY DATA COLLECTED ON EACH EXIT NODE, apparently, they changed their minds…… Pico - At the moment the Pico is only good for mining with a Staked credit score, if the Pico has its own Public IP and is connected for months without being disconnected it will currently not get 10mb of traffic each day to get an increased organic credit score as an exit node, the network currently will choose a faster path out thru a Mini instead. So the Pico at the moment is not a good mining device if that's what you bought it for organically. This has been confirmed. -Company Info: -Deeper Network INC of the Marshal Islands (no office location there currently) Crypto Currency company that was set up as a shell company, filed on March 8, 2019 Entity number 100333 (Legal system mixed legal system of US and English common law, customary law, and local statutes; International law organization participation accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction) -Deeper Network Inc of Delaware USA (no office location there currently) Software Developer/ VPN / DPN , Entity 201816910575 6/14/2018, EIN Tax ID# 841835438, State ID 04799167 This is the company that controls everything. -Location Of Head Quartiers Office (5200 Great America Pkwy, Santa Clara, California, 95054) : The main temp office rental location no longer exists that is advertised and on Entity Documents the location is currently enmity and abandoned, supposedly working remotely from home and out of a shipping warehouse since the past two years or longer, unable to verify from the last trip to California. No new permanent office location currently that I am aware of that has been verified. Even from there past video of this office location you can tell it was just a temp location as if it was like one of those rent a cubical to work at temporary location. (A Few people have come and gone from the head ranks, not sure if currently accurate) Chief Executive Officer: Hui (Russell) Liu; San Jose, California Chief Technology Officer: Hui Liu/Chao Ma Secretary/Chief Financial Officer: Xiaoshuai (Cheryl) Liu ; Maple Ridge, British Columbia, Canada Corporate Officer: Adam Wolfe Lei Chang; Saratoga, California Chief Marketing Officer: Eric Ma (Thailand) (Working only part time now, another one of the upper ranks with one foot out the door, I believe the next person will be #3+ for this job title next) Chief Branding Officer: Yinan S. Software Developer: Arturo Jimenez Product manager: Kain Xu
by C-J_
🤖 #BTCLIVE - 16.08 - #IDEA 🤖🤖 #BTCLIVE - 16.08 - #IDEA 🤖 Snapshot: Short-Term 20:80- Bullish:Bearish Long-Term 60:40 - Bullish:Bearish Technical Analysis: Bullish Scenario: Consolidating below key resistance at $24.2k - we have to get above this and consolidate above or pump through with big volume to test $25k - this will require additional huge volume to break through given the previous heavy rejections. Breaking $25k and either consolidating above or confirmed retest then $27k and $30k will be the targets Bearish Scenario: More likely scenario rn, consolidating below key resistance with volume diminishing a big move is expected with the first stop being $23.5k breaking through and retesting will probably confirm $22.7k and max pain here would be likely be $20k region at the bottom of the macro channel/range. There is an ultra bearish macro descending wedge that can see a possible $16k come in if it plays out although this would require some elevated FUD to drive down that far. Bullish Factors: Bullish Factors: + Long term trend support + Bullish Divergence + Bullish CME Gap + 20 and 50 DEMA lying in support Bearish Factors: - Consolidating under key Resistance - Under all EMA's and testing the 200EMA - Exhaustion on the Daily - TD6 on the Weekly - McFly Incoming on the Weekly - Wave Peak on the Daily - Active Addresses - The total number of active wallets used to send and receive coins has decreased by 15 .00% compared to yesterday. - Transactions - The total number of transactions has decreased by -12.00% compared to yesterday. Key News: Bull: + ETH Merge causing bullish sentiment market wide + 💥Revolut gets approval to offer #Bitcoin and crypto in the European Economic Area. + Fed Reveals Guidelines for Crypto Banks Who Want to Open ‘Master Accounts’ (cryptopanic.com) Bear: - Huobi #crypto exchange has announced that it will suspend derivatives trading in New Zealand. - Bear Market Rally Google Searches almost at an ATH Metrics: Exchange - Exchange Reserve - As the exchange reserve continues to rise, it indicates higher 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. / Puell Multiple -Miner's revenue is in a moderate range, compared to its one-year average. On-Chain + aSOPR - More investors are selling at a loss. In the middle of a bear market, it can indicate a market bottom. + Binary CDD - Long term holders' movement in the last 7days were lower than the average. They have a motive to hold their coins + Net Unrealized Profit and Loss (NUPL) -Investors are in a Fear phase where they are currently with unrealized profits that are slightly more than losses. + Transfer Volume - The total number of coins transferred has increased by 9.00% compared to yesterday. - Active Addresses - The total number of active wallets used to send and receive coins has decreased by 15 .00% compared to yesterday. - Transactions - The total number of transactions has decreased by -12.00% compared to yesterday. Sentiment + 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 - Long position traders are dominant and are willing to pay to short traders. + Taker Buy Sell Ratio - Selling sentiment is dominant in the derivatives market. More sell orders are filled by takers. / 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: 9,142,523,051.97 24H%: -8% 7D%: -9% - Liquidation - 15823977.54 of short positions were liquidated in the last 24 hours. Fear & Greed Index - Aug 16, 2022: Today: 44 (Fear) Yesterday: 45 (Fear) Avg. 1W: 42 😕 Avg. 2W: 37 😣 Avg. 1M: 34 😣 Avg. 2M: 25 😱 Avg. 3M: 20 💩 Avg. 6M: 24 😱 Avg. 1Y: 35 😣 🔸 #Bitcoin Price: $24,176 24h Low: $23,848 24h High: $25,093 MC Change: -$2.7B (-0.6%) Dominance: 38.4% 24h: -0.6% 7d: 4.2% 14d: 3.4% 30d: 16.3% 60d: 7.3% 200d: -34.4% 1y: -48.7%
by Kryptochristian
🤖 #BTCLIVE - 15.08 - #IDEA 🤖🤖 #BTCLIVE - 15.08 - #IDEA 🤖 Snapshot: Short-Term 30:70- Bullish:Bearish Long-Term 50:50 - Bullish:Bearish Technical Analysis: Bullish Scenario: Alot of bearish sentiment, mainly short term would suggest a move down to $23.6k especially with the 3rd rejection from $25k andsell orders coming in - there could be a strong rally at this position to fend off breaking down on the ascending wedge which would likely drive price for another test of $25k this would be incredibly bullish and somewhat of a make or break push. A break and hold above $25k puts $27k and $30k as realistic targets. Bearish Scenario: Short term movement down to $23.6k is likely for the local support although there could be a lot of defense at this position a breakdown and confirmed retest can see price sing quite quickly to $22.6k where the next strongest zone of support lies, max pain in the move can still push us down to $20k region which is where the bottom of this long term channel/range lies. Bullish Factors: + Weekly Pivot already filled + 200EMA is supporting +20 & 50 DEMA doming to support at the key trendline support + Transfer Volume turned positive + Active Addresses turned positive Bearish Factors: - Bearish Divergence on the 5min - Bearish divergence on the 4hr - Bearish Divergence on the 1hr - Restesting resistance - Strong Sell Orders - Broken through 20 and 50 EMA - Hard rejection from 25k for 3rd time - Exchange Netflow Total turned negative - Liquidation turned negative Key News: Bull: + ETH Merge causing bullish sentiment market wide + 💥Revolut gets approval to offer #Bitcoin and crypto in the European Economic Area. + Judge grants Ripple’s request to review videos of SEC officials (cryptopanic.com) +#Crypto exchange Gate.io has been granted a virtual asset custodial services license in Hong Kong. + Europe’s largest independent tyre re-treader, Vaculug, will accept #Bitcoin for payment! Bear: - $ETH: The “Merge” Protocol Upgrade Will Not Lower Ethereum’s Gas Fees - Hackers printed 1.2 billion $AUSD on the Acala Network through an exploit. - Brazilian #crypto lending platform BlueBenx halts withdrawals following a $32 million hack. Metrics: Exchange - Exchange Reserve - As the exchange reserve continues to rise, it indicates higher 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. / Puell Multiple -Miner's revenue is in a moderate range, compared to its one-year average. On-Chain + aSOPR - More investors are selling at a loss. In the middle of a bear market, it can indicate a market bottom. + Binary CDD - Long term holders' movement in the last 7days were lower than the average. They have a motive to hold their coins + Net Unrealized Profit and Loss (NUPL) -Investors are in a Fear phase where they are currently with unrealized profits that are slightly more than losses. + Transfer Volume - The total number of coins transferred has decreased by 31.00% compared to yesterday. + Active Addresses - The total number of active wallets used to send and receive coins has decreased by 13 .00% compared to yesterday. + Transactions - The total number of transactions has increased by 26.00% compared to yesterday. Sentiment + 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 - Long position traders are dominant and are willing to pay to short traders. + Taker Buy Sell Ratio - Selling sentiment is dominent in the derivatives market. More sell orders are filled by takers. / 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: 9,142,523,051.97 24H%: -8% 7D%: -9% - Liquidation - 42921463.65 of short positions were liquidated in the last 24 hours.
by Kryptochristian
🤖 #BTCLIVE - 13.08 - #IDEA 🤖🤖 #BTCLIVE - 13.08 - #IDEA 🤖 Snapshot: Short-Term 40:60- Bullish:Bearish Long-Term 60:40 - Bullish:Bearish Technical Analysis: Bullish Scenario: Defending against this double top and holding above ideally $24k.1 but mainly $23.6k to not confirm this double top would be the most bullish play we can hope for - this would likely require alot of volume to come in and would create quite a high bullish conviction given alot of the bearish markers. Immediate targets in this case would be $25k and then $27k - although don't be too fooled by the short term bearish sentiment a break out here could be absolutely massive with a realistic $30k on the cards. Bearish Scenario: A slightly more favourable outcome atm, given that we are filling out a double top pattern quite nicely along with a confirmed bearish divergence perfectly on the 2nd top. immediate target if we break down on $24k will be the key support at $23.6k, then $23.1k and then $22.6k - this could quite easily continue down. Bullish Factors: + 20, 50 DEMA in close proximity for support + Holding key support and $24k support holding + On 50 EMA and HMA and support + Bullish CME Gap closing in + Exchange Reserve turned positive + Transfer Volume turned positive + Active Addresses turned positive + Relatively minimal FUD Bearish Factors: - Poor weekend volume - Double Top pattern in play - Bearish Divergence confirmed - Strong upper resistance - $25k resistance - RSi Pullback Signal - Bearish POC & Future Weekly Pivot forming - aSOPR turned negative - Taker Buy Sell Ratio turned negative Key News: Bull: + ETH Merge causing bullish sentiment market wide + "We are fully ready to regulate cryptocurrencies, says CFTC Chairman" t.co + 💥NEW: Union Bank of the Philippines to enable users buy #Bitcoin and crypto from its app! Bear: - SEC going after hedge funds for crypto - France inflation reaches 6.1%, the highest it’s seen in 37 years. - Spain inflation reaches 10.8%, the highest it’s seen in 38 years. Metrics: Exchange + Exchange Reserve - As the exchange reserve continues to fall, it indicates lower selling pressure. + Exchange Netflow Total - Net deposits on exchanges are low compared to the 7-day average. Lower deposits can be interpreted as lower selling pressure. Miners / Miners' Position Index ( MPI ) - Miners' are selling holdings in a moderate range compared to its one-year average. / Puell Multiple -Miner's revenue is in a moderate range, compared to its one-year average. On-Chain - aSOPR - More investors are selling at a profit. In the middle of a bull market, it can indicate a market top. + Binary CDD - Long term holders' movement in the last 7days were lower than the average. They have a motive to hold their coins + Net Unrealized Profit and Loss (NUPL) -Investors are in a Fear phase where they are currently with unrealized profits that are slightly more than losses. + Transfer Volume - The total number of coins transferred has increased by 14.00% compared to yesterday. + Active Addresses - The total number of active wallets used to send and receive coins has increased by 22.00% compared to yesterday. + Transactions - The total number of transactions has increased by 4.00% compared to yesterday. Sentiment + 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 - Long position traders are dominant and are willing to pay to short traders. - Taker Buy Sell Ratio - Selling sentiment is dominent in the derivatives market. More sell orders are filled by takers. / 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. + Liquidation - 65354916.17 of short positions were liquidated in the last 24 hours.
by Kryptochristian
FLUXUSDTHello, I hope we have a profitable week It should be noted that a higher ceiling has not yet been formed for us. But the divergence of RSA in different time frames cannot be ignored! Even if we don't consider the pattern in the daily time frame as a bearish wedge (because it has taken a long time in terms of waves) The downward trend line has been broken upwards and the zones have been maintained in the correctional movements. In my opinion, the probability of reaction to the range of $0.4 is high and if the price does not fall below the specified ranges. And in the upward trend, if it is above the yellow area ($0.511), the upward trend is likely to extend to higher areas. We would be very happy if you share your thoughts with us. Thank you for your support (:
Long
by FiboTech
2
CPI price action trap zone Following yesterday's exciting price action movements, there always follows a difficult period when the market needs to establish tradable levels. the EUR has fallen into consolidation on multiple pairs but EURAUD is the first to start trapping traders long and short. I'm sitting on my hands unfortunately until this plays out. As a technical trader my skills are only useful when there is consistency in price points, which are difficult to find after oversized moves like we've just seen. There is a void below 1.45100 and obviously the area parallel to the large move so I'll let the battle happen before taking a position.
by RuckSack
BATUSDTHello again Currently, we are at the bottom of the long-term ascending channel, the channel has not broken down, the ranges have been maintained in the corrective trends. As long as the price range of $0.2919 is maintained, there is a possibility of completing the head and shoulder pattern at the end of the downward trend. Don't forget that in order to form an upward trend, the downward trend line must be broken upwards and the failure must be consolidated. We would be happy to hear your comments(;
Long
by FiboTech
⚡️ #BTCLIVE - 04.08 ⚡️⚡️ #BTCLIVE - 04.08 ⚡️ 60:40 Bullish:Bearish Current Status: At the bottom of a symmetrical triangle - bouncing twice recently with relatively level volume showing distinct signs of ranging. Longer term Bullish Divergence is now in play. Unfilled CME Gap sitting at 23.7k to 23.9k along with the POC, both bullish. On a more macro level currently sat in the middle of a longer term range that is effectively a bear flag with a high of $25.5k and a low of $21.5k. Expecting to see a break out of this consolidation triangle over the next 24hours - direction unconfirmed. News: - Coinbase X BlackRock Partner for institutional investment > Bullish on BTC & ETH - Coinbase starts Ethereum Staking > Bullish on BTC & ETH - META introduces Coinbse Wallets to platform > Bullish on BTC - Options Expiry Friday > Heavy Volatility - China x Taiwan FUD/Conflict > Bearish on all markets On-Chain Growing supply in older age bands - This signifies that both HODLers be HODLing, AND that they are not spending their cold storage coins. Declining supply in younger age bands - literally the equal and opposite reaction. Generally speaking - this is what we want and are starting to see for a bear market floor Bullish Scenario Breaking and retesting $23.4k will see a short term target of approx. $24k and a bigger term target of $25.5k Bearish Scenario A Break down and retest of $22.7k will likely start the descent to $21.5k at the lower range of the longer term - breaking down on that will spell major bloodshed.
by Kryptochristian
2
THE MOST IMPORTANT FOREX FUNDAMENTALS 📰 Hey traders, Even though I am a pure technician and I rely only on technical analysis when I trade, we can not deny the fact that fundamentals are the main driver of the financial markets. In this post, we will discuss the most important fundamentals that affect forex market. 📍Unemployment rate. Unemployment rate reflects the percentage of people without a job in a selected country or region. Rising unemployment rate usually signifies an unhealthy state of the economy and negatively affects the currency strength. 📍Housing prices. Housing prices reflect people's demand for housing. Rising rate reflects a healthy state of the economy, strengthening purchasing power of the individuals and their confidence in the future. Growing demand for housing is considered to be one of the most important drivers in the economy. 📍Inflation. Inflation reflects the purchasing power of a currency. It is usually measured by evaluation of the price of the selected basket of goods or services over some period. High inflation is usually the primary indicator of the weakness of the currency and the unhealthy state of the economy. 📍Monetary policy. Monetary policy is the actions of central banks related to money supply in the economy. There are two main levers: interests rates and bank reserve requirements. Higher interest rates suppress the economy, making the currency stronger. Lower interests rates increase the money supply, making the economy grow but devaluing the national currency. 📍Political discourse. Political discourse is the social, economical and geopolitical policies of the national government. Political ideology determines the set of priorities for the ruling party that directly impacts the state of the economy. 📍Payrolls and earnings. Payroll reports reflect the dynamic of the creation of new jobs by the economy, while average earnings show the increase or decrease of the earnings of the individuals. Growing earnings and payrolls positively affect the value of a national currency and signify the expansion of the economy. Pay closes attention to these fundamentals and monitor how the market reacts to that data. What fundamentals do you consider to be the most important? ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Education
by VasilyTrader
5
Do you think there will be an uptrend or a downtrend!? (XVSUSDT)Hi(: Have a profitable day Do you think there will be an uptrend or a downtrend!?!? We must not forget that we have an event in Toronto on July 6, but on the other hand, the Ingulf area should not be ignored! In such a situation, the best thing to do is to wait. If the price movement is higher than the price range of $7, there is a possibility that the price will increase to the blue range. But if the upward trend line of orange is broken downwards, the possibility of price reduction to the yellow range is not out of mind at all! We are very happy to share your comments with
by FiboTech
DOCKUSDTHi dear friends In your opinion, the possibility of forming a head and shoulder pattern is not reversed!?! On the daily time frame, it has reached an important range, we have a positive divergence of the RSI, the bulls have consumed the ranges nicely in the uptrend. The possibility of a reaction in the yellow range of $0.01592 is very high. By observing the specified loss limit, there is a possibility of forming an upward trend up to the white range ($0.02756). We would be very happy to hear your comments
DLong
by FiboTech