Here's the analysis of #TWT :
#TWT drastically pumped due to #FTX issues caused in market. Majority #Defi Coins pumped including #TWT. Price broke the major level of resistance around $1.31 - $1.39. There's no resistance looking left, so price can move higher with retracement. Ideally, anticipating a deep pullback as of now. On hourly TF, you can still look for low risk, short-term short-sells now.
#TWT drastically pumped due to #FTX issues caused in market. Majority #Defi Coins pumped including #TWT. Price broke the major level of resistance around $1.31 - $1.39. There's no resistance looking left, so price can move higher with retracement. Ideally, anticipating a deep pullback as of now. On hourly TF, you can still look for low risk, short-term short-sells now.
There's plenty of things happen in market right now, respective to #FTX Exchange. Grabbing each and every information with exact happens will be difficult for anyone. Taking this into account, better, there's no questioning about it that, you should stay from the #FTX native token and there direct investment in there portfolio.
Also, you should make sure to move, long-term funds from exchange to some hardware wallets and trading funds should be left over.
This mess gonna make market wild in any direction in upcoming days. So, better take only high probable setups and ignore lows one.
Also, you should make sure to move, long-term funds from exchange to some hardware wallets and trading funds should be left over.
This mess gonna make market wild in any direction in upcoming days. So, better take only high probable setups and ignore lows one.
There's a lot of rumors running about #genesis and #Grayscale in the market, which could lead the heavy crash in market. Keep an on every news and tweets coming and don't open fresh position in any coins.
Keep spare funds for trading purpose only as these rumors can slowly dip the market as #FTX news drove the market eariler.
Keep spare funds for trading purpose only as these rumors can slowly dip the market as #FTX news drove the market eariler.
Here's the analysis of #TWT :
#TWT did a massive jump due to #FTX collapse issue and moved above major level of $1.31 - $1.39. Price now building a descending triangle pattern, which generally comes in downtrend with a down Impulsive move. Now, strong support is around $1.83 and there's nothing unless it breaks the pattern either side, just trade the breakout.
#TWT did a massive jump due to #FTX collapse issue and moved above major level of $1.31 - $1.39. Price now building a descending triangle pattern, which generally comes in downtrend with a down Impulsive move. Now, strong support is around $1.83 and there's nothing unless it breaks the pattern either side, just trade the breakout.
Analyzing the average weekly #BTC netflow reveals intriguing patterns in their actions. In the initial phases of the 2020-2021 bull market, the #LUNA incident and #FTX fallout resulted in a period of significant accumulation and preference for self-custody. Many exchanges witnessed daily net outflows of 5,000 -10,000 #BTC.
Interestingly, #Binance exhibited contrasting behavior on multiple occasions. During market sell-offs and downtrends, the exchange experienced substantial #inflows. This could be attributed to #investors shifting their holdings away from perceived riskier exchanges (such as #FTX) towards the world's largest exchange, #Binance.
Interestingly, #Binance exhibited contrasting behavior on multiple occasions. During market sell-offs and downtrends, the exchange experienced substantial #inflows. This could be attributed to #investors shifting their holdings away from perceived riskier exchanges (such as #FTX) towards the world's largest exchange, #Binance.
During the recent rally, whale inflow volumes to exchanges picked up quite significantly, hitting +16,300 #BTC Per day. This is a whale dominance of 41% of all exchange inflows, which is comparable to both the #LUNA crash (39%) and the failure of #FTX (33%).
Whenever there's a huge inflow, we can see some huge moved in the market.
π GURU-Investor - ΠΏΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ @guru_investor_com
Whenever there's a huge inflow, we can see some huge moved in the market.
π GURU-Investor - ΠΏΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ @guru_investor_com
Big News π
#FTX will likely get approval to liquidate its assets on Sept. 13.
#FTX had $3.4B in Crypto in April. The proposed plan is to sell assets worth up to $200M per week.
Use Tight Stops in Every Trade, Specially in #SOL #APT #DOGE #XRP #MATIC
π GURU-Investor - ΠΏΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ @guru_investor_com
#FTX will likely get approval to liquidate its assets on Sept. 13.
#FTX had $3.4B in Crypto in April. The proposed plan is to sell assets worth up to $200M per week.
Use Tight Stops in Every Trade, Specially in #SOL #APT #DOGE #XRP #MATIC
π GURU-Investor - ΠΏΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ @guru_investor_com
We can see that #Bitcoin has generally been increasingly dominant over the past few years. Since the #FTX Collapse in November 2022, #BTC has increased its market cap dominance from 38.9% to 49.8%.
On the other hand, #ETH has maintained its market cap dominance, ranging from 18.9% to 18.2%. It is mainly Altcoins that have lost market share in the crypto markets with their market cap dominance dropping from 28.3% to 24.2%, while Stablecoins have also decreased their share from 13.9% to 7.8%.
On the other hand, #ETH has maintained its market cap dominance, ranging from 18.9% to 18.2%. It is mainly Altcoins that have lost market share in the crypto markets with their market cap dominance dropping from 28.3% to 24.2%, while Stablecoins have also decreased their share from 13.9% to 7.8%.