#KMDBTC
KMD has reached the resistance of a descending channel, looks like it’s ready for a decline. Watch for a leg down.
KMD has reached the resistance of a descending channel, looks like it’s ready for a decline. Watch for a leg down.
The Puell Multiple is one of the best-known BTC price tools. Its readings judge the likelihood of a sell-off or uptick based on miner profitability. Currently, it makes little sense for miners to sell unless out of sheer necessity.
The metric is now trading at the 1.40 level, closer towards the green zone, where miners have a lesser incentive to sell. This signifies potential buying opportunities should the multiple declines to below 1.0.
The metric is now trading at the 1.40 level, closer towards the green zone, where miners have a lesser incentive to sell. This signifies potential buying opportunities should the multiple declines to below 1.0.
#TWTUSDT
TWT is testing the support of a descending triangle, entering short once we break the one to downward.
TWT is testing the support of a descending triangle, entering short once we break the one to downward.