The MVRV-Z score is a great tool for determining when the market has gotten overextended
> 7 is considered overextended (red zone)
< 0 is considered oversold (green zone)
#BTC MVRV-Z score is currently sitting at 2.67
We have a long way to go before we get overextended 😏🚀
> 7 is considered overextended (red zone)
< 0 is considered oversold (green zone)
#BTC MVRV-Z score is currently sitting at 2.67
We have a long way to go before we get overextended 😏🚀
CryptoBullet
Just a reminder that $ATOM below $30 (currently sitting just below $28) is a gift #Cosmos 🚀🌒
And here we go! $ATOM 🚀✌️
+24% profit with 2x leverage so far
This is just the beginning
+24% profit with 2x leverage so far
This is just the beginning
CryptoBullet
$NEAR looks good here 👀
$NEAR doesn’t give a sh*t about the market crash ($ATOM also) 😎
Broke out of the falling wedge as expected 📈
+13% profit so far
Broke out of the falling wedge as expected 📈
+13% profit so far
WTF happened to #BTC?!
2B+ long liquidations 🔴
Looks & feels like the COVID-19 Crash in March 2020
$ETH held up really well though
2B+ long liquidations 🔴
Looks & feels like the COVID-19 Crash in March 2020
$ETH held up really well though
💡When in doubt, zoom out
Here's the #BTC weekly chart
Yes, it's painful, but it's just a Higher Low 📈
No damage was done to the Big Picture
Here's the #BTC weekly chart
Yes, it's painful, but it's just a Higher Low 📈
No damage was done to the Big Picture
Call it ‘The Great Reset’
The funding across the board finally went seriously negative on this crash
This is what we needed at 52k, but we got it only after a crash to 40k. #BTFD if you can
The funding across the board finally went seriously negative on this crash
This is what we needed at 52k, but we got it only after a crash to 40k. #BTFD if you can
CryptoBullet
Would be really savage to close the daily candle above the EMA200 👀 #BTC 🤞
So, #BTC didn’t close the daily exactly above the EMA200, but a difference of 2% doesn’t matter much in this case
(We closed well above the MA200 - very good sign)
Yesterday’s candle shape makes me think that the low is in
Patiently waiting for the weekly close later today 👀
(We closed well above the MA200 - very good sign)
Yesterday’s candle shape makes me think that the low is in
Patiently waiting for the weekly close later today 👀
#BTC on-chain NUPL indicator hasn't reached its peak ‘Euphoria - Greed’ threshold this cycle yet
The bull run seems far from over
The bull run seems far from over
CryptoBullet
💡When in doubt, zoom out Here's the #BTC weekly chart Yes, it's painful, but it's just a Higher Low 📈 No damage was done to the Big Picture
#BTC update
So, the price brilliantly held the MA50 as I expected and the weekly candle closed well above it ✅
Sequence of higher lows is intact
Big Picture is still bullish 🐂
So, the price brilliantly held the MA50 as I expected and the weekly candle closed well above it ✅
Sequence of higher lows is intact
Big Picture is still bullish 🐂
CryptoBullet
$ETH/BTC Most important chart right now☝️ Giant Bull Pennant on the weekly Volume contracting, both ADX & Di+ are above 20. Guess what’s coming 😏🚀 Not sure if it’s gonna be that easy, but eventually #Ethereum will be trading above 0.1 on the #BTC pair
$ETH/BTC closed the weekly phenomenally well
As I expected, we got a clear breakout 📈🤝
🎯 Targets are the same
As I expected, we got a clear breakout 📈🤝
🎯 Targets are the same
CryptoBullet
$MATIC is pumping hard 🚀 +43% profit so far 😎
$MATIC shows incredible strength 📈 👀
Fully recovered from the recent market crash and currently trying to make a new high
🎯 Targets are still the same
Fully recovered from the recent market crash and currently trying to make a new high
🎯 Targets are still the same