⚜MARKET MOVEMENT
Since early January (3 months ago), the Bitcoin Put-Call ratio in terms of volume has dropped to a new quarterly low on Deribit, signaling a potential high volume trend change and reversal that could be hitting the largest exchanges in the next coupe of weeks.
What does this mean in terms of trading interest and supply/demand for BTC?
This means that we could start seeing a drastic increase in spot BTC demand and a possible decrease in supply, which would eventually create a chain reaction pushing prices up towards new mid term highs. If this trend gains traction and momentum though, we could be on our way to new All Time Highs.
Since early January (3 months ago), the Bitcoin Put-Call ratio in terms of volume has dropped to a new quarterly low on Deribit, signaling a potential high volume trend change and reversal that could be hitting the largest exchanges in the next coupe of weeks.
What does this mean in terms of trading interest and supply/demand for BTC?
This means that we could start seeing a drastic increase in spot BTC demand and a possible decrease in supply, which would eventually create a chain reaction pushing prices up towards new mid term highs. If this trend gains traction and momentum though, we could be on our way to new All Time Highs.
Binance Futures, ByBit USDT
#XMR/USDT
Take-Profit target 1 ✅
Take-Profit target 2 ✅
Take-Profit target 3 ✅
Take-Profit target 4 ✅
Profit: 80% 📈
Period: 1 Day 14Hours ⏰
#XMR/USDT
Take-Profit target 1 ✅
Take-Profit target 2 ✅
Take-Profit target 3 ✅
Take-Profit target 4 ✅
Profit: 80% 📈
Period: 1 Day 14Hours ⏰
We are in a must bounce zone, 40900to 40700, if 4hour close below this market dead soon. Am longing this area
Forwarded from VIP Forexchief millionaires
GBPJPY sell now @ 163.700-164.000
TP 1 : 163.500
TP 2 : 163.200
TP 3 : 162.700
SL : 164.200
TP 1 : 163.500
TP 2 : 163.200
TP 3 : 162.700
SL : 164.200
XauUsd sell @ 1963.50
Tp1 : 1961.50
Tp2 : 1959
sl : 1967.50
Control your lot size
Tp1 : 1961.50
Tp2 : 1959
sl : 1967.50
Control your lot size
GBPJPY sell now @ 163.640-163.940
TP 1 : 163.440
TP 2 : 163.140
TP 3 : 162.640
SL : 164.140
TP 1 : 163.440
TP 2 : 163.140
TP 3 : 162.640
SL : 164.140