PRO ANALYSIS - pros choice
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Repost from N/a
OKX Futures
#FLOW/USDT All take-profit targets achieved 😎
Profit: 216.7989% 📈
Period: 8 Days 14 Hours 27 Minutes ⏰
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KuCoin Futures
#QNT/USDT All take-profit targets achieved 😎
Profit: 86.6686% 📈
Period: 8 Days 4 Hours 3 Minutes ⏰
Comparing BTC/ETH exchange inflows (sell pressure) to stablecoin inflows (buy pressure) reveals market bias:
Near zero: neutral
Positive: net buy-side
Negative: net sell-side
Market has been in a declining sell-side regime since mid-2023.
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#ASTR/USDT analysis -
#ASTR is in a downtrend, trading below the 200 EMA. The price is likely to retrace back to the 200 EMA and reject from there to continue the downside momentum.
TF : 2H
Entry : $0.0709
Target : $0.0668
SL : $0.0732
Binance Futures, Bitget Futures, ByBit USDT, OKX Futures
#LSK/USDT All take-profit targets achieved 😎
Profit: 143.5514% 📈
Period: 4 Days 22 Hours 34 Minutes ⏰
Binance Futures, Bitget Futures, ByBit USDT, OKX Futures
#LSK/USDT Take-Profit target 4 ✅
Profit: 113.0841% 📈
Period: 4 Days 13 Hours 52 Minutes ⏰
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#TFUEL/USDT analysis -
#TFUEL is in a downtrend on the HTF. The price is expected to continue its momentum, and previous lows will be tested. Before entering a short position, wait for a retracement for entry.
TF : 4H
Entry : $0.06791
Target : $0.06011
SL : $0.07132
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Binance Futures, ByBit USDT, KuCoin Futures, OKX Futures
#PEOPLE/USDT All take-profit targets achieved 😎
Profit: 216.6326% 📈
Period: 5 Days 8 Hours 34 Minutes ⏰
Repost from N/a
Bitcoin
Price is showing us a retest toward the support trend line and strong horizontal zone around $65k region. This region must hold the price of the bitcoin otherwise, there will be an extra drop to $62k region.
As of now, I'm still waiting for the reaction at this exact support, a bounce from institution money inflow can instantly send this to above $70k.
Also we have to note that in the short term, the 21 EMA (yellow) has crossed down the 55 EMA (green). This is essentially bearish for short term.
So far, it's much better to be in the sideline as well.
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#NULS/USDT analysis -
#NULS is trading in a downtrend below the 200 EMA. The price is currently declining from resistance zone and is expected to test the support zone soon.
TF : 1H
Entry : $0.3080
Target : $0.2840
SL : $0.3246
Repost from N/a
#ALGO/USDT analysis -
#Algorand is currently consolidating above the support zone after breaking down below the 200 EMA. Right now, the price is expected to bounce off from there and test the resistance zone near the 200 EMA.
TF : 4H
Entry : $0.1415
Target : $0.1473
SL : $0.1374
Good Morning ☀️
Daily BTC Overview
🟣Liquidations in the last 24 hours, according to CoinGlass: ~43K traders, totaling ~$172M — ~80% long positions and ~20% short positions.
It's worth noting that the recent increase saw significantly fewer short position liquidations compared to comparable decreases in long positions. This might indicate a prevalence of bullish expectations among traders, making them more likely to be wiped out📉
Despite the attempt to break through the diagonal resistance, the price failed to hold above it. We are witnessing another bounce from the zone intersecting with the psychological mark at 70K.
🔴This is not the first growth attempt that ended in failure, so the beginning of a decline is becoming increasingly likely. We'll also need to watch how the week closes and what the SEC says at tomorrow's meeting.
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#ENJ/USDT analysis -
#ENJ is forming an inverted head and shoulders reversal pattern above the support zone. The price is creating a bullish structure and is prepared to move upwards. Before considering a long entry, wait for the breakout of the pattern's neckline.
TF : 1D
Entry : $0.2045
Target : $0.2590
SL : $0.1781
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#THETA/USDT analysis -
#Theta bounced back from the High Time Frame support zone and broke out and retested the trendline. It is all set to move upwards now and test higher targets.
TF : 1D
Entry : $1.540
Target : $2.308
SL : $1.324
🥳 Welcome!
Did you notice yesterday how many people after Trump's speech started expecting a decline to 60-62k? Today the bears are trapped again 🪤.
The Fear and Greed Index rose to 74 points - that's almost the extreme greed zone.
Perhaps this rise is due to the positive data coming out on Wednesday.
Repost from N/a
#JASMY_USDT:
#JASMY Possible play out chart👇. Break out done✅. Pump will expect 📈
#BTC did gave a weekly closing above the support with a strong pin bar candlestick. Now we can market is pushing and gave a new Higher High. Price approaching towards the resistance around $71,250, which is good and Daily candle need to sustain above the $70,000.
