Its takes 2 drives to the downside for #liquidating $700M+ in past 24 Hours. The reason you should use stops and stay away from the #market if you see any strong indication.
what is Fundamental Analysis ?
Fundamental analysis is a method of evaluating coin, by analyzing their underlying #economic and financial factors to determine their intrinsic value.The goal of #fundamental analysis is to determine the true value of an investment so that informed investment decisions can be made.
To perform #fundamental analysis, an investor will gather information about a company, such as its financial statements and other important information about its industry. The investor will then look at factors like the company's revenue and earnings growth, profitability, partnerships etc.
Once the #analysis is complete, the investor can compare the intrinsic value of the investment with its current market price. If the investment is undervalued, the investor may consider buying it with the expectation that its price will eventually rise to match its true value.
It's important to remember that fundamental analysis is just one part of the investment process. Other factors, such as #market sentiment, #technical analysis, and #macroeconomic conditions, also play a role in determining the value of an investment.
Fundamental analysis is a method of evaluating coin, by analyzing their underlying #economic and financial factors to determine their intrinsic value.The goal of #fundamental analysis is to determine the true value of an investment so that informed investment decisions can be made.
To perform #fundamental analysis, an investor will gather information about a company, such as its financial statements and other important information about its industry. The investor will then look at factors like the company's revenue and earnings growth, profitability, partnerships etc.
Once the #analysis is complete, the investor can compare the intrinsic value of the investment with its current market price. If the investment is undervalued, the investor may consider buying it with the expectation that its price will eventually rise to match its true value.
It's important to remember that fundamental analysis is just one part of the investment process. Other factors, such as #market sentiment, #technical analysis, and #macroeconomic conditions, also play a role in determining the value of an investment.
What is Inverted Hammer Candlestick ?
The #inverted hammer is a type of candlestick pattern found after a downtrend and is usually taken to be a trend-reversal signal. This creates a #long shadow or wick on the upper end of the candlestick and a small body at the bottom.
The Inverted Hammer is seen as a #bullish reversal pattern, meaning that it suggests a potential change in the direction of the price trend from downward to upward. This is because the long lower wick shows that the #market attempted to push the price down, but was ultimately unsuccessful, and the #buyers stepped in to drive the price back up.
#Traders often look for confirmation of a bullish reversal by observing price action in the following periods. If the price continues to rise, it can indicate a reversal is underway. However, if the price drops below the low of the #Inverted Hammer in subsequent periods, this may invalidate the bullish reversal signal.
The #inverted hammer is a type of candlestick pattern found after a downtrend and is usually taken to be a trend-reversal signal. This creates a #long shadow or wick on the upper end of the candlestick and a small body at the bottom.
The Inverted Hammer is seen as a #bullish reversal pattern, meaning that it suggests a potential change in the direction of the price trend from downward to upward. This is because the long lower wick shows that the #market attempted to push the price down, but was ultimately unsuccessful, and the #buyers stepped in to drive the price back up.
#Traders often look for confirmation of a bullish reversal by observing price action in the following periods. If the price continues to rise, it can indicate a reversal is underway. However, if the price drops below the low of the #Inverted Hammer in subsequent periods, this may invalidate the bullish reversal signal.
What is Evening Start Candlestick Pattern ?
The #evening star candlestick pattern is a bearish reversal pattern that consists of three candles. The pattern starts with a long green (or white) candle, indicating that the buyers have control of the #market. This is followed by a small candlestick, either bullish or bearish, that #opens and closes within the real body of the first candle. The small candlestick indicates indecision in the market. The pattern concludes with a long red (or black) candle, indicating that the sellers have taken #control of the market.
What does that means and how to interpret ?
Traders and #investors interpret this pattern as a signal to go short or sell, expecting a potential downtrend in the market. However, as with any candlestick pattern, the #evening star pattern should be used in combination with other #technical indicators and #fundamental analysis to confirm trading decisions
The #evening star candlestick pattern is a bearish reversal pattern that consists of three candles. The pattern starts with a long green (or white) candle, indicating that the buyers have control of the #market. This is followed by a small candlestick, either bullish or bearish, that #opens and closes within the real body of the first candle. The small candlestick indicates indecision in the market. The pattern concludes with a long red (or black) candle, indicating that the sellers have taken #control of the market.
What does that means and how to interpret ?
Traders and #investors interpret this pattern as a signal to go short or sell, expecting a potential downtrend in the market. However, as with any candlestick pattern, the #evening star pattern should be used in combination with other #technical indicators and #fundamental analysis to confirm trading decisions
RG Analitics π’ [PRIVATE CHANNELπ]
Despite #Bitcoin's almost 100% increase in price since then, 6% of the total #Bitcoin supply was last transacted at the $16K level. This suggests that those who purchased #Bitcoin at that level are hodling onto their investments and have no plans to sell inβ¦
Those Who Don't know about "#UTXO Realized Price Distribution"
Here's the one for You
Keep Learning and Keep Sharing Our Channel with the Related Once ππ
What is #UTXO Realized Price Distribution ?
The #UTXO Realized Price Distribution is a chart that provides insight into the price at which each unit of a #cryptocurrency has been transacted since it was last moved on the blockchain. The chart #maps the number of units of the cryptocurrency that were transacted at different #price ranges.
The #UTXO Realized Price Distribution is based on the Unspent Transaction Output (#UTXO) model, which is used by many cryptocurrencies, including Bitcoin. In this model, each transaction #output is considered as an unspent output, which can be spent in future transactions.
The #UTXO Realized Price Distribution chart can help investors and analysts understand the behavior of cryptocurrency #hodlers and traders. For example, it can reveal whether investors are holding on to their cryptocurrency during #market downturns or selling it off, and at what prices. It can also help to identify #support and #resistance levels in the market.
Here's the one for You
Keep Learning and Keep Sharing Our Channel with the Related Once ππ
What is #UTXO Realized Price Distribution ?
The #UTXO Realized Price Distribution is a chart that provides insight into the price at which each unit of a #cryptocurrency has been transacted since it was last moved on the blockchain. The chart #maps the number of units of the cryptocurrency that were transacted at different #price ranges.
The #UTXO Realized Price Distribution is based on the Unspent Transaction Output (#UTXO) model, which is used by many cryptocurrencies, including Bitcoin. In this model, each transaction #output is considered as an unspent output, which can be spent in future transactions.
The #UTXO Realized Price Distribution chart can help investors and analysts understand the behavior of cryptocurrency #hodlers and traders. For example, it can reveal whether investors are holding on to their cryptocurrency during #market downturns or selling it off, and at what prices. It can also help to identify #support and #resistance levels in the market.
Under the present #market circumstances, Bitcoin miners continue to be profitable, earning a total revenue of $24.1 Million from block subsidies and transaction #fees. With an estimated production cost of $19.1 Million, they achieve a net profit of $5 Million.
With the Previous Data, #Miners Remains Profitable and Kinda Hodling the Coin, Which Eventually, reducing the Fresh Supply in the Market.
With the Previous Data, #Miners Remains Profitable and Kinda Hodling the Coin, Which Eventually, reducing the Fresh Supply in the Market.
What are Strong Hands ?
"Strong hands" are terms used in trading and #investing to describe individuals who exhibit resilience and conviction in holding onto their #assets, even during periods of market volatility or downturns.
Strong hands refer to investors who have a long-term perspective and are #confident in the value and potential of their investments. They are less influenced by short-term price #fluctuations and external market noise. These individuals have a #solid understanding of the fundamentals and believe in the long-term growth prospects of their #assets. They tend to hold onto their investments, even during challenging times, without being easily swayed by #market sentiment.
"Strong hands" are terms used in trading and #investing to describe individuals who exhibit resilience and conviction in holding onto their #assets, even during periods of market volatility or downturns.
Strong hands refer to investors who have a long-term perspective and are #confident in the value and potential of their investments. They are less influenced by short-term price #fluctuations and external market noise. These individuals have a #solid understanding of the fundamentals and believe in the long-term growth prospects of their #assets. They tend to hold onto their investments, even during challenging times, without being easily swayed by #market sentiment.
What are Diamond Hands ?
#Diamond hands, on the other hand, are a variation of strong hands and emphasize an even higher level of conviction and #determination. The term "diamond hands" is often used to describe #investors who not only hold onto their assets during market downturns but also refuse to sell even in the face of extreme volatility or negative news. These individuals have unwavering faith in their investments and are committed to riding out the ups and downs of the market, with the belief that their patience and long-term outlook will be rewarded.
Both #strong hands and #diamond hands represent a mindset of #resilience, patience, and a focus on long-term #goals rather than short-term fluctuations. These #investors typically aim to maximize the potential returns of their investments by staying committed to their strategies and not being easily swayed by market sentiment or temporary #market conditions.
#Diamond hands, on the other hand, are a variation of strong hands and emphasize an even higher level of conviction and #determination. The term "diamond hands" is often used to describe #investors who not only hold onto their assets during market downturns but also refuse to sell even in the face of extreme volatility or negative news. These individuals have unwavering faith in their investments and are committed to riding out the ups and downs of the market, with the belief that their patience and long-term outlook will be rewarded.
Both #strong hands and #diamond hands represent a mindset of #resilience, patience, and a focus on long-term #goals rather than short-term fluctuations. These #investors typically aim to maximize the potential returns of their investments by staying committed to their strategies and not being easily swayed by market sentiment or temporary #market conditions.
RG Analitics π’ [PRIVATE CHANNELπ]
The TOTAL crypto marketcap is now heading towards the next resistance area. This is the major psychological resistance area and we may see heavy selling around the resistance area.
The overall sentiment in the #crypto market is positive as the TOTAL #market cap has broken a psychological #resistance level and is now holding above it.
Next #Resistance Area: $1.70-$1.85 Trillion
#Support Area: $1.50-$1.55 Trillion
Next #Resistance Area: $1.70-$1.85 Trillion
#Support Area: $1.50-$1.55 Trillion
Had an incredible time chatting with justin sun about everything #crypto! πΌπ Our conversation was jam-packed with insights on #market trends and innovative projects, offering exciting opportunities for all.
Plus, Justin Sun proudly holds the esteemed Crypto VIP Signal Best Telegram Channel trophy! π With his unmatched expertise, he leads #crypto enthusiasts to success. ππ₯
https://twitter.com/CryptoVIPsignal/status/1783062208366215201?t=a9cApzKEXTJYBKST96WWeQ&s=19
#CryptoTalks #JustinSun #CryptoChampion π
Plus, Justin Sun proudly holds the esteemed Crypto VIP Signal Best Telegram Channel trophy! π With his unmatched expertise, he leads #crypto enthusiasts to success. ππ₯
https://twitter.com/CryptoVIPsignal/status/1783062208366215201?t=a9cApzKEXTJYBKST96WWeQ&s=19
#CryptoTalks #JustinSun #CryptoChampion π
Had an incredible time chatting with justin sun about everything #crypto! πΌπ Our conversation was jam-packed with insights on #market trends and innovative projects, offering exciting opportunities for all.
Plus, Justin Sun proudly holds the esteemed Crypto VIP Signal Best Telegram Channel trophy! π With his unmatched expertise, he leads #crypto enthusiasts to success. ππ₯
https://twitter.com/CryptoVIPsignal/status/1783062208366215201?t=a9cApzKEXTJYBKST96WWeQ&s=19
#CryptoTalks #JustinSun #CryptoChampion π
Plus, Justin Sun proudly holds the esteemed Crypto VIP Signal Best Telegram Channel trophy! π With his unmatched expertise, he leads #crypto enthusiasts to success. ππ₯
https://twitter.com/CryptoVIPsignal/status/1783062208366215201?t=a9cApzKEXTJYBKST96WWeQ&s=19
#CryptoTalks #JustinSun #CryptoChampion π