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Here's the analysis of #PENDLE: #PENDLE is printing new lower lows after consolidating throughout February until now. As the price approaches support, it may react from there. This support is around $1.00; however, this does not mean a reversal. Buy for the…
#PENDLE dropped as per the call, and there was a short-term reaction for buys as well. The price moved up in buys for about 7.4% in profits and dropped from resistance around 7.2% again. Holding the short sells and letting it go for new lower lows to form.
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#BTC attempted to sustain above the support zone but now closes below it. A large wick to the upside indicates sellers are regaining control, which might push prices lower. However, the structure still looks bullish, so a bullish breakout is expected.
#BTC has again gained strength and printed a new higher high, but the sad part is that the price only wick-ed over it, failing to close above. Still, the bullish market structure and expectations remain strong enough for higher moves, provided the war situation remains neutral.
30D #DirectionalPremium near neutral and dipping below zero — bullish positioning unwinding, short-side interest re-emerging 📉🔴.
Classic sign of leverage reset and trend exhaustion — speculative appetite faded, perpetuals market fully reset ⚡️🎯👀
Classic sign of leverage reset and trend exhaustion — speculative appetite faded, perpetuals market fully reset ⚡️🎯👀
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#BITCOIN DAILY TF UPDATE: #BITCOIN has gone sideways for almost a week now and hasn't moved yet. It is still trading inside the large consolidation, and bearishness remains intact. Next week, you can expect further lower moves. Additionally, next week brings…
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#TOTAL UPDATE: #TOTAL gave a goof reaction from the supporting trendline but eventually break of it too. Index dropping lower showing overall market is wiping out dollars. Sentiments are mixed so need to wait for something more clean price action.
Vol term structure moved lower across maturities — 1W #ATM IV at 51%, 3M at 49% with other maturities tightly clustered, pointing to notably compressed structure 📉🔴.
Market dialing back expectations for large near-term moves — immediate catalysts lacking and optionality demand fading. Uncertainty not gone but being pushed further out in time 💪⚡️🎯👀
Market dialing back expectations for large near-term moves — immediate catalysts lacking and optionality demand fading. Uncertainty not gone but being pushed further out in time 💪⚡️🎯👀
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#BTC WEEKLY TF UPDATE: #BTC on the weekly timeframe is still holding the zone, just like last week, and is forming an Inverted Hammer candlestick pattern. This pattern appears in a downtrend and signals a potential reversal. Note that since it is forming…
#BTC WEEKLY TF UPDATE:
#BTC had a good closing last week, and this week it has directly tapped into the key resistance again. Price is now rejecting the area and remains stuck within the consolidation range. We need to wait for the market to do something clear. Month-end has a ton of news events, for which price can start anticipating now.
#BTC had a good closing last week, and this week it has directly tapped into the key resistance again. Price is now rejecting the area and remains stuck within the consolidation range. We need to wait for the market to do something clear. Month-end has a ton of news events, for which price can start anticipating now.
#BTC has a sudden drop after the US-Iran Ceasefire Talks Collapsed.
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#DXY moved up and down through the week, closing nearly at the Doji candlestick. The new week is about to start soon and might see a break of the resistance area, which could lead other markets to dip further.
#DXY failed to make a higher high and dropped sharply. It broke through a major resistance area and also breached a major support level. The index is now in the middle of the zone and could move further lower to the next major support around 97.80%.
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#BTC WEEKLY TF UPDATE: #BTC had a good closing last week, and this week it has directly tapped into the key resistance again. Price is now rejecting the area and remains stuck within the consolidation range. We need to wait for the market to do something…
#BTC closed its weekly candle with a huge wick, having a 50-50 split between the wick and the candle body. This means it is balanced again, and nothing much can be done here except waiting. On lower time frames, the price flipped below again, so a down-move can start.
Trading Crypto Guide ™
#US30 Update: #US30 held the support and strongly reacted from the support area, appearing more prone to a sideways market. Looking closely, the index is forming an Inverse Head & Shoulders pattern, which is a reversal signal. We are waiting for a neckline…
#US30 Update:
#US30 had a clean and sharp breakout of the Head & Shoulders pattern. There was no time for a retest, but it was rejected from another key level at 48,300. The index is playing level by level with precise pins and is waiting for a retest, which is currently happening; however, the more prominent area is at 46,900. 48,300.
#US30 had a clean and sharp breakout of the Head & Shoulders pattern. There was no time for a retest, but it was rejected from another key level at 48,300. The index is playing level by level with precise pins and is waiting for a retest, which is currently happening; however, the more prominent area is at 46,900. 48,300.