CryptoCache
1.45K subscribers
15.3K photos
586 videos
1 file
4.34K links
CryptoCache provides all the info you need to become a better trader. This includes technical analysis, crypto news, trade setups, trading strategy, and so much more.

Website:
http://cryptocache.tech

YouTube:
http://youtube.com/@CryptoCache
Download Telegram
CryptoCache
$BTC Whale Orders 🐋 Two large 3.7m Spot orders just popped up on Coinbase. Limit orders placed just above the local high 76.3 and 76.5k.
$BTC Whale Orders 🐋

Curious why Bitcoin bounced at 74k?

A 4.29m limit order (spot) was filled on Binance.

There are 3 more just like it at 72, 72.5 and 73k...
🐳42
$BTC TRL vs Open Interest Delta

The delta for True Retail Longs is high, while OI delta is low.

This tells us retail is buying the dip, when MM's are not.

Pending we don't see an economic catalyst. The likelihood of downside is still high.
👍92
$BTC Whale Games 🐋

Still no large buy orders since Bitcoin rejected at 78k.

All we've seen over the past 48 hours is large sell orders (10m+).

Will be interesting to see what happens tomorrow.
5🔥5
$BTC order Book Pressure

Still heaviest above in the 78-81k range.

However, 72-73k is also starting to build.

US Market open will decide the direction.
👍52🆒1
One of the many advantages of trading...

You can work from anywhere.

You can make decisions in the market and still have plenty of time left to spend with family and friends.

So, why not become a better trader?

Trade Signals, Alerts & University

Crypto Cache Premium: 🏆
http://cryptocache.tech
4👍3🦄1
CryptoCache
$BTC Liquidation Map (Macro) 11.56 Billion in downside liquidity (longs) 1.88 Billion in upside liquidity (shorts) Bitcoin has a 6:1 ratio of Longs vs Shorts right now. Imbalance, much? 😁
$BTC Liquidation Map (Macro)

-9.01 Billion in downside liquidity (longs)
-3.67 Billion in upside liquidity (shorts)

Downside liquidation ratio was cut in half after dropping to 73.7k.

But still a 2.46:1 ratio for Longs vs Shorts right now.

Think we see a dead cat bounce?
👍6
$BTC MicroStrategy / Saylor Buys

MicroStrategy just bought another 34,164 Bitcoin (cost = 2.54 Billion).

They now own 815,061 BTC.

Will be interesting to see how this affects PA today.
🙈3🐳1
$BTC 3D Liquidation Heatmap

This data suggests we see a slight relief rally this week.

The odds of this happening is higher, considering the unfilled CME gap at ~77.5k.
👍6🔥1
$BTC CME Gap

Here is the CME gap for Bitcoin.

Bitcoin: $74,600 - $77,540

Now that Saylor bought and weekend shorts are heavy...

I wouldn't be surprised if this range is retested this week / soon.
👍8🔥3💯2
CryptoCache
$BTC Whale Orders 🐋 Curious why Bitcoin bounced at 74k? A 4.29m limit order (spot) was filled on Binance. There are 3 more just like it at 72, 72.5 and 73k...
$BTC Whale Orders 🐋

HUGE limit sell orders are stacking between 78-80k.

Specifically a 15.46m order at 80k even.
👍81
CryptoCache
$BTC Order Books (update) OBs at 75k were filled, yet the price continues lower... New areas below are forming between 72-73k, and 74k. These are important levels to pay attention to today. 🧲
$BTC Order Books (update)

Since yesterday, we're seeing the same OBs above and below. However, they are getting larger / more intense. 🧲

This suggests Bitcoin is defining a new range between 73 and 78k.

A break of this range, would incentivize continuation.
👍73👌3🆒3
$BTC Patterns & Exit Liquidity - Here’s What’s Next

Watch Here: youtu.be/1nsUcZfRZbo
🔥32
$BTC Candlestick Pattern

Congruent with the Macro bear flag. Bitcoin is tentatively signaling a H&S pattern.

Paying close attention to the neckline (invalidation) at ~73.7k.
6👍4🔥1
$BTC Spot / Perp Volume Imbalance

Despite the weekend reversal, spot volume remains higher than Perp volume.

This is typically a sign of strength.

If this continues, we'll see the CME gap at ~77.5k get filled soon.
🔥41
CryptoCache
$BTC Whale Games 🐋 Still no large buy orders since Bitcoin rejected at 78k. All we've seen over the past 48 hours is large sell orders (10m+). Will be interesting to see what happens tomorrow.
$BTC Whale Games 🐋

Seeing our 2nd large buy order (10m+) since Bitcoin rejected at ~78k and recently bounced at ~74k.

This combined with high spot volume and a CME gap left at ~77.5k = Higher probability of a short-term continuation higher.
👍72
Todays Premium Trade 🔥

Every detail explained, so you can LEARN to do this for yourself.

Long scalp from 74.7k
Partial profit secured
Trailing take-profit = activated.

Better trading, done right: cryptocache.tech
👍73🙏2
CryptoCache
$BTC Liquidation Map (Macro) -9.01 Billion in downside liquidity (longs) -3.67 Billion in upside liquidity (shorts) Downside liquidation ratio was cut in half after dropping to 73.7k. But still a 2.46:1 ratio for Longs vs Shorts right now. Think we see…
$BTC Liquidation Map (Macro)

Long liquidation actually increased from 9B earlier today, totaling 10B now.

While upside liquidation is lower, there's a heavy concentration between $76,600 and $76,990.

This upper liquidation range is near the top of Bitcoin's CME gap (~$77,550)...

Therefore increasing the odds of a continuation higher.
👍6💯21🔥1
CryptoCache
$BTC Whale Orders 🐋 Curious why Bitcoin bounced at 74k? A 4.29m limit order (spot) was filled on Binance. There are 3 more just like it at 72, 72.5 and 73k...
$BTC Whale Orders 🐋

2 Large limit sell orders totaling 8.5b were just placed at $75,972 and $76,115.

A similar instance occurred yesterday just before the price bounced by almost 3%.
👍31
$BTC Upside potential?

Spot volume remains high
Heavy liquidation above the price
CME gap at 77.5k

A small handful of reasons why LTF upside makes sense if BTC continues to hold above 75k...
👍4
$BTC 3D Liquidation Heatmap

Partial sweep of 76k range left a decent sized chunk left between 76.5k and 77.4k.

Before a significant pullback...

It would make the most sense to see another leg up, clearing out late shorts, fully filling the CME gap at ~77.5k.
🔥5👍2