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$SOL Breakout
Solana has officially broken out of its descending channel and local trading range, signaling a strong shift toward a bullish market structure.
While a short-term pullback is expected, the price is highly likely to find solid support and bounce off the $75 range.
Be very cautious with shorts right now, as heavy higher-time-frame liquidation sitting above could easily propel SOL toward its $80 target.
Solana has officially broken out of its descending channel and local trading range, signaling a strong shift toward a bullish market structure.
While a short-term pullback is expected, the price is highly likely to find solid support and bounce off the $75 range.
Be very cautious with shorts right now, as heavy higher-time-frame liquidation sitting above could easily propel SOL toward its $80 target.
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$XRP Breaking Bullish?
#XRP has successfully broken out of its horizontal channel after finding macro psychological support at $1.00, marking a bullish momentum shift on the lower time frames.
A massive build-up of short sellers has created a prime recipe for a short squeeze, though immediate upside might face resistance around the $1.05 to $1.07 range.
Rather than chasing the current pump, the smartest play is to wait for a healthy retrace to the $1.04 range to look for tight long entries.
#XRP has successfully broken out of its horizontal channel after finding macro psychological support at $1.00, marking a bullish momentum shift on the lower time frames.
A massive build-up of short sellers has created a prime recipe for a short squeeze, though immediate upside might face resistance around the $1.05 to $1.07 range.
Rather than chasing the current pump, the smartest play is to wait for a healthy retrace to the $1.04 range to look for tight long entries.
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Trading isn't only about winning.
It's about knowing when to walk away & learning from your mistakes.
That's why we stick together and grow as a community.
For traders who think the same 👇
http://discord.gg/PJv2gykpb7
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It's about knowing when to walk away & learning from your mistakes.
That's why we stick together and grow as a community.
For traders who think the same 👇
http://discord.gg/PJv2gykpb7
https://t.me/cryptocachechat/
💯3
CryptoCache™
$BTC Whale Orders 🐋 SO CLOSE!!! $208M in limit short orders between 64.7 and 65.5k still remains... Think we see this range get hit, or just another front run?
$BTC Whale Orders 🐋
DOWN WE GO!!!
After liquidation at 65.5k got tapped...
There is now $106m in limit long orders sitting at between 63.4 and 63.8k 🧲
DOWN WE GO!!!
After liquidation at 65.5k got tapped...
There is now $106m in limit long orders sitting at between 63.4 and 63.8k 🧲
❤8
CryptoCache™
$BTC To Drop Further Spot volume continues lower after retail FOMO'd in this past weekend and US Markets open red. Ascending trendline broken, heavy liquidation below 64k. A lot of sell side liquidity at 64k. Looking for a bearish back test of 65k before…
$BTC Further Downside 📉
The inability to reclaim 65k suggests the 62k range is still more probable.
Spot volume and open interest remains low after yesterdays drop.
Liquidity is heavy in the 63k range.
Congrats to our traders who shorted with me yesterday. 💪
The inability to reclaim 65k suggests the 62k range is still more probable.
Spot volume and open interest remains low after yesterdays drop.
Liquidity is heavy in the 63k range.
Congrats to our traders who shorted with me yesterday. 💪
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CryptoCache™
$BTC Long Liquidation Delta LLD is becoming overextended after 7-Day liquidation was swept... This can only mean one thing 📉
$BTC Short Liquidation Delta
As expected, SLD just flipped negative, bears are firmly in control now.
Best to wait on longs when this initial shift in momentum occurs.
As expected, SLD just flipped negative, bears are firmly in control now.
Best to wait on longs when this initial shift in momentum occurs.
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