Here's the analysis of #GMT :

#GMR is been rejected from the major resistance zone of $0.416 - $0.422. Currently, price is hovering over the support zone around $0.363 and expecting a drop till major support level of $0.344 - $0.349 and potentially longs there. As of now, there's now clean indication, so wait for the price to reach out any major level.

#BITCOIN DAILY TF UPDATE :

Another weekly candle goes bearish as anticipated in previous post (here). Daily TF following the same too and still a tiny move can possible till support. NFP and other fundamentals events coming this week, so high volatility is expected. Price already retraced deeper, so a reversal might come.

Easy and clean entry in #QTUM as mentioned. Trade moved around 6.8% in profits and market these days ranging now, so scalping going good in altcoins. Well, still bearish in #QTUM to reach out the support around $2.77 - $2.79.

What is Tweezer Bottom candlestick?

A #Tweezer Bottom is a bullish reversal candlestick pattern that forms at the bottom of a downtrend, indicating a #potential trend reversal. It consists of two candlesticks that have the same low price, creating a bottom that resembles a #pair of tweezers.

The first candlestick is a bearish candlestick, indicating that the price has been #decreasing, and the second #candlestick is a bullish candlestick, indicating that the price has started to increase. The two candlesticks should have a similar length and form a bottom at the same level, creating a support level.

#Traders often use other technical indicators, such as #volume and #momentum, to confirm the reversal before entering a #long position. If the pattern is #confirmed, it can provide a good buying opportunity with a #stop-loss below the low of the tweezers bottom pattern.

Here's the analysis of #TWT :

#TWT is been a large falling wedge pattern and right now hovering over the major support zone of $1.223 - $1.282. Well, price already reacted from there and back again, as seems like might form a lower low now. Currently, no bias until its shifts the structure/ pattern or breaks below the major support.

Not much movement happened in #Bitcoin and just created an another consolidation range after the breakout. This might happening due to, normally price ranges after sharp moves. Small channel pattern can be also noticed over there, in which a break out will decide next impulse move.

#OP continue to fell lower and break the strong support zone too. Trade moved further in profits around 15.4%. I hope you secured more in between to closed all. Currently price flipped above the major level again, around $2.60 will be the strong area for rejection.

The 14d average of #aSOPR is now trading above a value of 1.0 on a sustained basis for 40 days so far.

The return of #aSOPR trading above 1.0 on a sustained basis is a typical characteristic as the market recovered from a period of deep and extended losses.

What is Three White Soldiers Candlestick Pattern ?

Three White Soldiers is a bullish #reversal candlestick pattern that consists of three long white (or Bullish) candlesticks with small or no shadows. Each candlestick opens within the previous day's real body and closes #higher than the previous day's close.

This pattern is usually observed after a #downtrend, and it indicates a strong reversal in the market #sentiment towards bullishness. The first candlestick represents the beginning of the #bullish move, the second candlestick shows continued buying pressure, and the #third candlestick confirms the reversal.

If the pattern is confirmed, it can provide a good buying opportunity with a stop-loss below the #lowest point of the pattern

Here's the analysis of #SNX :

#SNX dropped below the major level and now acts as major resistance zone of $3.023 - $3.066. Well, price maintaining the bullish market structure, while over all market is struggling. Right now, anticipating some move down till $2.38 or near about the trendline for longs. Alternatively, if price flips the major resistance then it will open the gates for longs till major resistance at $3.44.

#Bitcoin break below the small uptrend channel and showing lower moves with heavy Bearish momentum This is due to #Powell Speech Yesterday, and a similar speech can happen today, so tighten the stop and don't over leverage on trades. Overall, price nearly reach out the $21,500 support zone.

#TWT is been try to break the pattern to the downside and also the major support zone too. Now, potential short are high probable as 4H candle breaks below. Take low risk as this week having bunch of fundamental news, which will impact the overall global market.

What is #SOPR ?

The #SOPR (Spent Output Profit Ratio) a very simple indicator, which reflects the degree of realized profit and loss for all coins moved on-chain. It’s calculated from spent outputs, the realized value (#USD) divided by the value at creation (#USD) of the output. Or simply: price sold / price paid.

#SOPR values greater than 1 implies that the coins moved that day are, on average, selling at a profit (price sold is greater than the price paid).

#SOPR value less than 1 implies that the coins moved that day are, on average, selling at a loss (price sold is less than the price paid).

#SOPR value of exactly 1 implies that the coins moved that day are, on average, selling coins at break even.

Successive peaks of high SOPR (creating an indicator uptrend) suggest continual distribution, usually during a bullish price rallies. As more coins are spent back into liquid circulation, the probability of a local or macro market top increases.

Here's the analysis of #NEO :

#NEO moving lower after rejecting the major resistance zone of $12.15 - $12.42 and price about to reach out the flip zone at $10.00 - $10.25. Well, there's pretty much not much range for shorts. Better wait fort he price to reach the any support, and either rejects it or break below.

#Bitcoin fell lower as mentioned and made a new lower low. Price reach out the minor support area around $21,550 - $21,630. Overall, still more to come and drop till $21,300 and below, so better wait to this weekend and don't over-leverage on any futures trades

What is #aSOPR (adjusted SOPR) ?

#aSOPR (Adjusted SOPR) filters out all #UTXOs with a lifespan of less than an hour from the #SOPR metric to better reflect economically meaningful activity on-chain.

The adjusted SOPR has a similar construction and interpretation to the standard #SOPR metric, however excludes all transaction volume for coins with a lifespan younger than 1Hr.

The benefit of #aSOPR is, this is generally considered a more accurate representation of the aggregate profit and loss that is realized by coins that are changing hands.

#SNX continues to the drop smoothly, and didn't gave any reaction towards the trendline. Price now nearly reached out the major trendline, from where the last longs expected. Break below will give the opportunity for shorts on hourly retest zone.