Forwarded from Moonbags Markets
Pretty solid odds the weekly close today will be scammy cuz it's right before yearly open
No report yet as you still cannot draw anything from this low liquidity condition close
No report yet as you still cannot draw anything from this low liquidity condition close
DiveInDefi
Such as $LTO, most alts tested the top of the previous akkumulation tops. This is a healthy structure: higher low and a good indication for further up. The dip was brutal, not gonna lie. As said above, banks are interested in BTC, not even the ETH ETFs have…
Charts like $LTO are looking good. Nice shakout while we formed higher lows across most of alts. 3 weeks alt season now until election day sell the news? Yes please
👍1
DiveInDefi
We could bottom here. Stuff is starting to bounce already. The very small volume makes me sceptical
no volume - no follow up. Be careful.
DiveInDefi
I correct, this is the last line. Major support hit here
Nice bounce, volume not convincing but a good start
I will be very honest, this is not looking great. TA wise, this is the last line that keeps us bullish. If we break below, we are not in a bullish structure anymore.
This intraday rejection is brutal and shows there is noone really left buying.
As long as we are above, there is hope left. As soon as we lose, bulls (including me) better start praying.
This intraday rejection is brutal and shows there is noone really left buying.
As long as we are above, there is hope left. As soon as we lose, bulls (including me) better start praying.
DiveInDefi
$SPX 6000 broken and closed above 6k. Fingers crossed we stay above. Enjoy your free days off guys. Everything is looking promising so far. Very important and good bounces today.
SPX only stayed above 6k but brutally got rekt afterwards. This is a bad H&S pattern and confirmed lower high.
Let‘s hope for a consolidiation.
TA wise, it clearly points -> down
Let‘s hope for a consolidiation.
TA wise, it clearly points -> down
❤1
I personally don‘t think anyone wants a recession and financial system crash. More people are invested than ever before.
Yet, I clearly pointed out the situation for over half a year now.
Do with this information what you want. I am repeating myself here but honestly I personally don‘t know what to do right now.
Would appreciate your thoughts
Yet, I clearly pointed out the situation for over half a year now.
Do with this information what you want. I am repeating myself here but honestly I personally don‘t know what to do right now.
Would appreciate your thoughts
🤝1
DiveInDefi
I correct, this is the last line. Major support hit here
But tl;dr: calm yo tits as long as we are above this
Forwarded from CryptoQuant Alert
✅✅✅ Unusual Exchange Outflows
31,723.15 #BTC ($2,982,516,656)
aggregated outflows from multiple exchanges in an hour
1. Bitfinex 30,000 BTC (94%)
2. Coinbase_prime 985 BTC (3%)
3. Binance 517 BTC (1%)
Please note that large withdrawals from exchanges that don’t support custody solutions or OTC desks could be an internal transfer. We would change data if there is evidence of an internal transfer after investigating wallets.
View Chart | @cryptoquant_alert
31,723.15 #BTC ($2,982,516,656)
aggregated outflows from multiple exchanges in an hour
1. Bitfinex 30,000 BTC (94%)
2. Coinbase_prime 985 BTC (3%)
3. Binance 517 BTC (1%)
Please note that large withdrawals from exchanges that don’t support custody solutions or OTC desks could be an internal transfer. We would change data if there is evidence of an internal transfer after investigating wallets.
View Chart | @cryptoquant_alert