Here, we observe a nearly flawless inflow score 🟦 across all cohorts, marking a particularly notable example for the year. A discernible pattern emerges, indicating that the market encounters resistance during phases of heightened net outflows 🟥 across most cohorts. Conversely, market upswings coincide with a prevailing trend of balanced inflows 🟦. This phenomenon suggests a strengthening investor confidence and a notable shift in participant behavior.

What is MACD ?

The Moving Average Convergence Divergence (#MACD) is a trend-following momentum indicator that helps traders and analysts identify potential buy and sell signals in an asset's price chart.

1. MACD Line (Blue Line): This is the difference between the 26-period Exponential Moving Average (EMA) and the 12-period EMA. The MACD line is more responsive to short-term price changes.

2. Signal Line (Orange Line): This is a 9-period EMA of the MACD line. It's used to generate trading signals.

3. Histogram: The histogram is the vertical bars that represent the difference between the MACD line and the signal line. It provides a visual representation of the MACD's divergence from the signal line.

#DXY Analysis :

#DXY Moving in the bearish market structure and flipped below resistance zone. Index is been bearish, the reason why market is being pushed higher. With the Monday Market, we can expect some push or fakeout over the market. Best case scenario will be a retest back to the strong Resistance Zone of 104.8 - $105.18.

#Bitcoin gave a Weekly Bullish closing above the zone and kinda giving hints to print a new Higher High or a sweep of liquidity. Also, In Weekly TF, there's a strong rejection candlestick pattern which support this idea. The resistance will remain the same nearby $38,000 level.

#BTC.D Bounced from the support zone and #BTC dumped too. Alts saw some minor correction in it, and currently, index nearly returning from the resistance zone, which might lead the next altcoin rally for short-term.

The chart Above covers several supply heuristics using 'coin-age' as the main input, measuring the time since a coin was last spent on-chain. Short-Term Holder Supply is currently at multi-year lows of 2.33M BTC, and captures coins up to 155-days old that are statistically the most likely to be spent.

What is Stochastic Oscillator ?

The Stochastic Oscillator is a technical analysis tool used in the field of finance and financial markets. It was developed by George C. Lane in the late 1950s. The Stochastic Oscillator helps traders and analysts identify potential buy and sell signals based on the concept that as an asset's price increases, it tends to close near its high, and as it decreases, it tends to close near its low.

Here's how the Stochastic Oscillator works:

1. Calculation: It is typically calculated using two lines: %K and %D. The formula for the %K line is:

%K = (Closing Price - Lowest Low) / (Highest High - Lowest Low) * 100

The %D line is a smoothed version of %K and is usually a 3-period simple moving average of %K.

2. Overbought and Oversold Levels: The Stochastic Oscillator is displayed on a scale from 0 to 100. Traders often look at two critical levels:

- Overbought: Typically set at 80. When the %K line rises above this level, it suggests that the asset may be overbought, and a reversal or pullback may be imminent.

- Oversold: Typically set at 20. When the %K line falls below this level, it suggests that the asset may be oversold, and a potential upward reversal may occur.

3. Signal Generation: Traders look for crossovers and divergences between the %K and %D lines to generate buy or sell signals. Common signals include:

- Bullish Signal: When %K crosses above %D, it's considered a bullish signal, indicating that the price may be poised to rise.

- Bearish Signal: When %K crosses below %D, it's considered a bearish signal, suggesting that the price may be ready to decline.

4. Divergence: Divergences between the Stochastic Oscillator and the price trend can also provide valuable information. For example, if the price makes a lower low, but the Stochastic Oscillator makes a higher low, it could signal a potential bullish reversal.

5. Using Stochastic Oscillator with Other Indicators: Traders often use the Stochastic Oscillator in conjunction with other technical indicators to improve the accuracy of their trading decisions.

Here's the Analysis of #RUNE :

#RUNE is been faked out over the strong resistance zone of $5.98 - $6.13 and price kinda consolidating in a range now. Price is expected to reach out the strcutural support zone of $4.64 - $4.79, where it gonna give some potential setups.

#BTC kinda moving slowly towards the upside and approaching the resistance zone of $38,000. Well, price is very corrective at this point and moving more with the fundamentals now, A Rejection is expected from there, eyes on the level.

#TOTAL MARKETCAP UPDATE :

#TOTAL MARKETCAP gone as expected and hit the resistance zone as mentioned. Now Index just moving back and forth over the zone, which kinda shows us consolidation in the market. Well, Weekly candle also sustaining over it, then we can see a tiny move till Next Resistance area of $1.46T - $1.49T.

This Graph illustrates wallets engaging in both the receipt and substantial expenditure of coins.

Significantly, a multi-year decline is noteworthy, commencing in March 2020 amid a seismic global shift triggered by the pandemic and societal responses to it.

In conclusion, the presented wallets demonstrate a dual activity of coin receipt and significant spending. Notably, a prolonged downturn began in March 2020, coinciding with a global upheaval due to the pandemic and corresponding societal adjustments.

What is Bollinger Bands ?

Bollinger Bands are a popular technical analysis tool used to analyze the price volatility of a financial instrument, such as a stock, currency pair, or commodity. They were developed by John Bollinger in the 1980s and consist of three lines or bands on a price chart:

1. Middle Band (SMA): The middle band is a simple moving average (SMA) of the asset's price over a specified period, typically 20 periods. This band represents the average price and is the center of the Bollinger Bands.

2. Upper Band (Upper Bollinger Band): The upper band is calculated by adding a specified number of standard deviations (typically two) to the middle band. It represents the upper boundary or the upper level of expected price volatility.

3. Lower Band (Lower Bollinger Band): The lower band is calculated by subtracting a specified number of standard deviations (typically two) from the middle band. It represents the lower boundary or the lower level of expected price volatility.

The key features and uses of Bollinger Bands include:

- Volatility Measurement: Bollinger Bands expand and contract based on the price volatility of the asset. When the price experiences high volatility, the bands widen, and when volatility decreases, the bands contract. Traders use this feature to identify periods of high and low volatility.

- Overbought and Oversold Conditions: Bollinger Bands are often used to identify overbought and oversold conditions. When the price touches or exceeds the upper band, it may be considered overbought, indicating a potential reversal or pullback. Conversely, when the price touches or falls below the lower band, it may be considered oversold, signaling a potential upward reversal.

- Trend Identification: Bollinger Bands can help traders identify the direction of a trend. In an uptrend, the price tends to stay near the upper band, while in a downtrend, it tends to stay near the lower band. A sustained move outside the bands can indicate the strength of a trend.

- Support and Resistance: The upper and lower bands can also act as dynamic support and resistance levels. Traders look for price bounces off these bands as potential trading opportunities.

- Price Reversion: When the price moves outside the bands, it is often seen as an indication that the price may revert back inside the bands. Traders may use this information to make trading decisions.

Bollinger Bands are a versatile tool and can be used in various trading strategies. Traders often combine them with other technical indicators and analysis methods to make informed trading decisions. They provide valuable information about the current price volatility and potential price reversals, helping traders manage risk and identify trading opportunities.

Here's the Analysis of #NEAR :

#NEAR is been rejected from the strong resistance zone of $2.15 - $2.18 and moving strongly bearish. Price also trying to break below of the supporting trendline. Wait for a break below of the line and and shorts on retest of $1.90.

CZ Stepped Down as CEO of Binance and a new CEO, Richard Teng, Former Binance's Head of Regional Market is Appointed ✅


There's a FUD going on in the Market, with U.S DoJ and Gave some fluctuations over the market. We can expect something more from the market in a bad scenario 👀

#BTC dumped with the #FUD going on in the market. Price break below the supporting trendline and broken the structure. Also, price kinda make a triple top pattern, where price could retrace more. Just wait for the market to settle down before opening alts trade and avoid Futures trading with high Leverage.

#RUNE nearly bounced off from the strcutural support zone and took a rally off. Price again approaching towards the strong resistance zone of $5.98 - $6.13 where we have to wait for a daily closing or rejection from the level.

Here's the Analysis of #ICX :

#ICX is been flipped below the strong level of $0.244 - $0.250 which will act like strong resistance. Price also break below the Trendline, which giving bearish signs. Currently, you can look for short-selling over the retest, and alternatively, you can wait for a rejection over the zone on daily TF.

#BTC absorbed the FUD going on over the market, or we can say they is very clarity in the market. Currently, price reached the previous highs again, where price is again weakening at the moment. Well, we might expect some fakeout over here, as we can see its ranging now, so have se watch the weekly closing of the range.