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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CryptoCache™
$BTC Open Interest OI is heaviest at 64k and ~62.5k These ranges often work like magnets. 🧲
$BTC Open Interest
64k ☑️
62.5k ⏰
OI still heaviest at ~62.5k🧲
64k ☑️
62.5k ⏰
OI still heaviest at ~62.5k🧲
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CryptoCache™
$BTC Sell Zone / Buy Zone I'm looking for our next higher low... Desired entry: 60-62k range.
$BTC 📉
If Ascending Trendline is lost 👀
60-62k range is next...
If Ascending Trendline is lost 👀
60-62k range is next...
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CryptoCache™
$BTC 7-Day Liquidation Heatmap 63-64k is ripe with liquidity. Careful longing this dip, might get ugly.
$BTC 7-Day Liquidation Heatmap
Congrats on our shorts, traders!
Still more liquidity left in the 62k range.
Congrats on our shorts, traders!
Still more liquidity left in the 62k range.
🙏4❤2
CryptoCache™
$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.
$BTC Short Liquidation Delta
Still red, suggesting bears are firmly in control.
Recommend waiting just a little bit longer before taking any longs.
Still red, suggesting bears are firmly in control.
Recommend waiting just a little bit longer before taking any longs.
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$HYPE 58-60, Next...
Solid break of descending trendline with a huge chunk of Liquidation / FVG left above.
Are you long or short RN?
Solid break of descending trendline with a huge chunk of Liquidation / FVG left above.
Are you long or short RN?
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$NEAR Primed for a Breakout 📈
Nice Falling Wedge Pattern Forming
If $BTC holds it's current range, could see a big move soon. 🚀
Nice Falling Wedge Pattern Forming
If $BTC holds it's current range, could see a big move soon. 🚀
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Fear in the headlines.
Discipline on the charts.
Stayed calm, followed the plan.
Serious traders move differently.
If that’s you…
Join my Telegram and / or Discord chat:
http://discord.gg/PJv2gykpb7
https://t.me/cryptocachechat/
Discipline on the charts.
Stayed calm, followed the plan.
Serious traders move differently.
If that’s you…
Join my Telegram and / or Discord chat:
http://discord.gg/PJv2gykpb7
https://t.me/cryptocachechat/
❤4🔥1
$BTC Wednesday Pivot in Play
As discussed in my YT analysis yesterday, Bitcoin is pivoting.
Incase you missed it - it's common to have a red Sunday through Tuesday, followed by a bounce on Wednesday (inverse as well).
This sometimes lasts throughout the weekend.
Not saying we've broken bullish, just a reminder to be careful with shorts today.
I'll be looking to see how the Price reacts to this descending trendline.
Eyeing a few ALTs for some longs.
I'll report back if anything changes...
As discussed in my YT analysis yesterday, Bitcoin is pivoting.
Incase you missed it - it's common to have a red Sunday through Tuesday, followed by a bounce on Wednesday (inverse as well).
This sometimes lasts throughout the weekend.
Not saying we've broken bullish, just a reminder to be careful with shorts today.
I'll be looking to see how the Price reacts to this descending trendline.
Eyeing a few ALTs for some longs.
I'll report back if anything changes...
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