Good morning, Alkalites! After the volatility faced because of Elon Musk speculation, we will show you our general analysis of the market. Fear and Greed index is displaying 20% Fear right now. One of the lowest sentiment results recorded in the current bull run. Algorithmic and retail trading induced by market sentiment is slowly dumping Bitcoin prices. So we...
61.5k is pdPOC of previous day. I think we will get rejected at there and we sill stay inside this downtrend channel. It will go to atleast 60k.
Lately, I been going against the crowd. After 90% of all traders loose money, so I won't be going short in this one as many traders are at this level, but long. Just as how I did in my GBPJPY idea in which we took some profits home! This one is only one take profit, more than 5% of sellers are under 0.8995, so the price will most likely go up in my personal...
We are never shown the real picture until its too late... If you ask me right now, ill never go short even if it seems like we are at a major resistance if you see it through technical analysis... Too many bears are at this small range (highlighted in purple), and so I believe they will be wrecked. Stop loss is tricky here, im just guessing... GBPJPY Entry @...
Im personally shorting EURCHF at this time, a single take profit. ¿Why? 1) Sellers have open orders @ 1.075, which are real orders and not a spoof (type of manipulation) as they are resisting, so this is a real resistance level 2) There is a support @ 1.07450, however it does not appear in the order book. My best shot? Hidden orders, which means someone does...
SNT is the Ethereum and whisper-based decentralized messenger that was hot back in 2017. It has the tremendous upside as it is currently down 94.5% from its ATH. Tread cautiously.
I believe we can find a huge resistance around 76.450, which can go all the way down up to 76, this might change however as buy orders might appear around this price. I will take the majority of my profit at 1:1, then move my SL to break even, and let the trade run to see if we hit that 2:1 ratio. Sincerely, Emiliano Mesa Uribe
Looking at the Heatmap on tradinglite i can see some big orders on Bitmex at 7576, if we dont hold that theres some more support at 7480 for the short term. We got sellwalls above on Binance at 7800, 7900 and 8000 at around 500BTC each. We also have alot of really big buy walls around deeper levels so some might anticipate a drop to retest previous lows. No...
Hi everyone, Back with another view of the BITMEX:XBTUSD contract on Bitmex. Let's start with the daily which is looking like it's about to go trending after 7 days of range motion between $6750 and $7300 , we might have a zero candle (that doesn't say much about the market) which might shake off some early shorters or buyers. We are also squeezed between the...
BEWARE - Since last night fake buy walls being placed and pulled in ETHUSD on Bitfinex
I just like to show you something I saw on Binance order-book. This is big buy orders (support lines) arrangement on Binance before they disappear from order-book. i.imgur.com One thing I don't like about Binance is they don't show the whole order-book or market depth. They hide the big part of it from public and this lets the whales do what they want. This is...
Expecting and range of 1.25-22 on the wide. Neutral on direction Expect tests to the upside first. Breaks below 1.2380 confirm moves to the downside
The range is likely 1.1450 - 1.0500 on the very wide. A less dramatic view is that 1.12 caps the upside for moves into stops on the downside into 1.0870 or 1.0850.
GBPUSD gains capped by offers at 1.3280 For choice would favor moves into 1.31 and 1.3030 BOE later today. Hawkish comments will see Sterling higher
May see moves higher into 1.3330 and 1.3400 but the book looks offered with heavy stop losses at 1.31
Overall bias is for a move higher. Lack of stops above 1.1150 means a likely dip to 1.1100 stop losses before moving higher. Heavy bidding interest at 1.1100 and very heavy interest at 1.1000 LEGEND Purple - Limit Orders Red - Stop Loss Orders Dark yellow - Stop Loss Orders (secondary source - less reliable)
Looks like we test 1.31 or 1.3450 Price normally moves towards stops. Lack of upside stops "usually" implies a move lower. As abnormal as things are, we don't expect a breach of 1.35 today.