Sanjay’s Journal
Welcome to October otherwise Uptober. • Last 7 days, there is no major move in $BTC. If we look at daily chart it's not giving any idea. Literally, Opening and Closing in same region. • We need to see any break in 1hr chart to conform the direction. …
Finally, some confirmation from $BTC side
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That's some serious liquidation on both sides 500M wiped out of the market. Fear and Greed Index came to 65
Checkout my Oct 1st post, if you're adding some coins. I haven't sold anything, added little more. 😢
late longs have been liquidated, Let's see how market goes next week.
Checkout my Oct 1st post, if you're adding some coins. I haven't sold anything, added little more. 😢
late longs have been liquidated, Let's see how market goes next week.
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Sanjay’s Journal
Instant 10% pump from entry. - $PUMP 🚀🚀🚀. Sold 25% here
This is getting exciting $PUMP 🚀🚀
- Sold another 15% here. Waiting for 0.0075$
- Sold another 15% here. Waiting for 0.0075$
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Sanjay’s Journal
Jumper sale is live! • In 4 hours, 6x subscribed. I didn't expect this much hype for the sale. • Fill deposit capital and minimum accept. Add cover letter with your creativity. Use the wallet which has more score. Contribute USDC on ETH chain. let's see…
Jumper results we can expect within wednesday.
My funds are locked there, I cant buy anything new
$ENA $FET is good. I'm waiting for Jumper to release the funds.
$LIT $IOTA are doing good. I'm waiting for $TAO to make some move
My funds are locked there, I cant buy anything new
$ENA $FET is good. I'm waiting for Jumper to release the funds.
$LIT $IOTA are doing good. I'm waiting for $TAO to make some move
Sanjay’s Journal
$LIT also not dumping further. 3.6$ is holding. I think I should move my buy order from 3.3 to 3.7$
One of the other reasons, I bought $LIT earlier and didn’t wait 3.3$ is this data.
Above 1 mean LONG
below 1 mean SHORT
You see Binance/OKX accounts are 0.9 & 0.63 which means retails are shorting the coin.
In meantime, Binance Top Traders are 1.17 meaning they’re taking LONG and their positions are 3.3 which means they’re betting heavy on LONG.
This gives us a idea, how smart money are positioning
You can check in coinglass for every coin. It will not work 100% everytimes. You can have a idea with this data
Above 1 mean LONG
below 1 mean SHORT
You see Binance/OKX accounts are 0.9 & 0.63 which means retails are shorting the coin.
In meantime, Binance Top Traders are 1.17 meaning they’re taking LONG and their positions are 3.3 which means they’re betting heavy on LONG.
This gives us a idea, how smart money are positioning
You can check in coinglass for every coin. It will not work 100% everytimes. You can have a idea with this data
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I will try to post about Coinglass, Cryptoquant, Arkham, Claude focusing on how to use them efficiently for trading.
Checking charts, CoinMarketCap won't work these days. You need more data before investing.
Checking charts, CoinMarketCap won't work these days. You need more data before investing.
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Experiment 2 $MUBARAK - 0.074$
Pure gamble by only seeing this data. While Binance, OKX retails are SHORT. Few top traders alone positioning LONG that’s to big number 3.87
I’m not checking BTC movement, Mubarak charts. Only seeing this data and trading. This is just an experiment sometimes it works and many times it fails.
Check this data every 2hr. If top trader positions reduces. It time for us to reduce our position. It’s like copy trading
Pure gamble by only seeing this data. While Binance, OKX retails are SHORT. Few top traders alone positioning LONG that’s to big number 3.87
I’m not checking BTC movement, Mubarak charts. Only seeing this data and trading. This is just an experiment sometimes it works and many times it fails.
Check this data every 2hr. If top trader positions reduces. It time for us to reduce our position. It’s like copy trading
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We’re sitting at a no trade zone. $BTC is not giving any signals.
87k rejection makes it weak and every time it fails becomes bearish.
If we close above, everything suddenly becomes bullish.
Even though $BTC looks weak. I’m not selling, i have placed SL so i won’t loose more than 5-7%
87k rejection makes it weak and every time it fails becomes bearish.
If we close above, everything suddenly becomes bullish.
Even though $BTC looks weak. I’m not selling, i have placed SL so i won’t loose more than 5-7%
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Sanjay’s Journal
Jumper sale is live! • In 4 hours, 6x subscribed. I didn't expect this much hype for the sale. • Fill deposit capital and minimum accept. Add cover letter with your creativity. Use the wallet which has more score. Contribute USDC on ETH chain. let's see…
Anyone got Jumper allocation?
I didn't get it. Majority allocation gone to jumper users, KOLs
I didn't get it. Majority allocation gone to jumper users, KOLs
Sanjay’s Journal
Everytime I'm opening a new position. This chart comes into my mind and in fear I reduce the size. Blue line is OI (open interest) it says volume of position opened long and short. we had one small pump from bottom. OI is near it's ATH. Considering the…
87k rejection made another liquidation in the market
• Open Interest in altcoins is not reducing at all. If we compare with last year it's at same level where BTC traded at 110k.
• Few leverages trades are closed, holding only spot. waiting for New York market open
• Open Interest in altcoins is not reducing at all. If we compare with last year it's at same level where BTC traded at 110k.
• Few leverages trades are closed, holding only spot. waiting for New York market open
Sanjay’s Journal
Experiment 2 $MUBARAK - 0.074$ Pure gamble by only seeing this data. While Binance, OKX retails are SHORT. Few top traders alone positioning LONG that’s to big number 3.87 I’m not checking BTC movement, Mubarak charts. Only seeing this data and trading.…
$MUBARAK is holding good same price as yesterday 0.075
- Along with this data we have to check Liquidation map as well. Yesterday, it made sudden 10% dump to hunt the liquidity and today it’s not reacting to $BTC dump.
- When smart money plans to make money their first priority is to liquidate retails because they have all exact data of buys and liquidation zones.
- Yesterday they liquidated 100k+ and top trader positions still around 3.7. Now, you know who got liquidated.
So, everytime check liquidation map. I will make one post regarding how to read liquidation map
- Along with this data we have to check Liquidation map as well. Yesterday, it made sudden 10% dump to hunt the liquidity and today it’s not reacting to $BTC dump.
- When smart money plans to make money their first priority is to liquidate retails because they have all exact data of buys and liquidation zones.
- Yesterday they liquidated 100k+ and top trader positions still around 3.7. Now, you know who got liquidated.
So, everytime check liquidation map. I will make one post regarding how to read liquidation map
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Another interesting chart - $CLO
• Here data is exactly opposite from $MUBARAK. Top trader positions are not bullish but retails are buying heavily.
Today, morning it even dumped 25% in a single 15min candle and pumped back. 250k liquidated but retails are not willing to give up. It even made ATL today and the market maker bought $230K six days ago.
Let's see who will win. I used this data to my advantage and a bought a small amount.
• Here data is exactly opposite from $MUBARAK. Top trader positions are not bullish but retails are buying heavily.
Today, morning it even dumped 25% in a single 15min candle and pumped back. 250k liquidated but retails are not willing to give up. It even made ATL today and the market maker bought $230K six days ago.
Let's see who will win. I used this data to my advantage and a bought a small amount.
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Sanjay’s Journal
Indian Stock Market is getting ripped off. I’m using this opportunity to buy HDFC Bank & VBL. Will DCA when Nifty50 touches 22,000 If you’ve any suggestions please comment with your views.
RBI hikes interest rates by 25 BPS to 5.50%
Jio Platforms is the biggest liquidity sucking IPO for now. Which will be completed by Oct end.
Last 40-50 days we had 7+ IPO issues running simultaneously. Now it has slowed down.
The oil price, STCG & LTCG tax slab, inflation, geopolitical risk, Rupee weakness already kicked-in.
Retails are frustrated sitting at loss, FIIs are selling.
The market has been hit by a pretty long list of negatives already.
Q4 will be good quarter to accumlate some stocks.
Jio Platforms is the biggest liquidity sucking IPO for now. Which will be completed by Oct end.
Last 40-50 days we had 7+ IPO issues running simultaneously. Now it has slowed down.
The oil price, STCG & LTCG tax slab, inflation, geopolitical risk, Rupee weakness already kicked-in.
Retails are frustrated sitting at loss, FIIs are selling.
The market has been hit by a pretty long list of negatives already.
Q4 will be good quarter to accumlate some stocks.
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Sanjay’s Journal
I came up with a wild theory because I'm bored. • On Aug 23rd CZ posts a bullish pic, after a week everything took off and $BNB pumped 50%. On 48th day biggest dump event. • Another match is Altcoin Open Interest is also at same levels on Aug 23rd and…
I may sound crazy if you read this.
As per my wild theory, Last time BTC didn't pump immediatley after CZ post, it took 8-10 days.
Before pump, it liquidated some longs and then only rally started. $BNB did not dump more than 3% today and staying above 20 day EMA. I think Oct 10 they will pump it.
As per my wild theory, Last time BTC didn't pump immediatley after CZ post, it took 8-10 days.
Before pump, it liquidated some longs and then only rally started. $BNB did not dump more than 3% today and staying above 20 day EMA. I think Oct 10 they will pump it.
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