Trading Crypto Guide ™

2024-04-08 16:01:00 The chart Above breaks down the BTC supply by on-chain cost basis, as well as by Long/Short-Term Holder cohort.

We can see that approximately 1.875M BTC (9.5% of circulating) have been acquired above $60k, with a majority designated by the Short-Term Holder cohort . This will include new spot buyers, and approximately 508k BTC now held in US Spot ETFs (excl. GBTC). Open / Comment

2024-04-08 15:00:58 Majority Voted for #ATH Coming....

Well, as per Technical Analysis, market looks bit healthy to move higher and retest the resistances and #ATH's. There're less chances of price dipping lower, the probability of consolidation or some strong breaks is higher. Open / Comment

2024-04-08 12:01:39 #POLYX made a retest but didn't tapped into the support but we're already running on our previous entry. Price made a high of $0.593, which is 17.15% in profits. It's time to secure some profits right here and hodl the major portion till $0.644 Resistance and higher. Open / Comment

2024-04-08 10:30:17 #BTC trying to climb up even though after the multiple rejections from the resistance. We need to see a H4 and Daily Candle Closure above the zone, to say buyer are confident now. Although, we've multiple obstacles at $71,300 and #ATH Resistance too. Open / Comment

2024-04-07 22:01:14 Here's the Analysis of #ATM :

#ATM moving between the major resistance zone of $3.85 - $4.04 and Strong Support Zone of $3.44 - $3.60. Well, that huge wicks showing strong sells pressure, and currently, price is on a support area, that you can look for buying opportunities and anticipate break of the major resistance zone. Open / Comment

2024-04-07 14:00:30 We can enhance this observation by examining the ratio between Long and Short-Term Holder supply. Once again, a significant decline is evident in all major up-trends as investor behavior shifts from Long-Term HODLing to distribution, profit-taking, and speculation. Open / Comment

2024-04-07 12:00:00 #BITCOIN WEEKLY TF UPDATE :

#BITCOIN already saw a 7 consecutive Bullish Candle the Monthly TF and last week price successfully sustained above the zone and made a retest back to zone, which seems to be healthy. Now, we can expect the price to reach All-Time- High in next or coming weeks as all the rejection, breakout and retest is done. Alternative scenario will be price will continue to range over the zone. Open / Comment

2024-04-07 08:43:01 #BTC experienced a bounce upon testing the support area. However, it appears that the price has been rejected from the resistance area and is currently trending downwards. Anticipate limited movement for today. We're closely observing Bitcoin's reaction upon the opening of global markets on Monday. Open / Comment

2024-04-06 21:42:00 Here is the analysis for #LUNA:

The price is currently nearing the support zone ranging from $0.76 to $0.83. It's advisable to consider initiating a long position within this support zone. A rebound is anticipated from this area, targeting the resistance zone spanning from $1.00 to $1.07. Open / Comment

2024-04-06 15:01:58 As prices rise, Long-Term Holders (LTHs) are selling their holdings. #LTH Supply has decreased by -900K #BTC since December 2023, with #GBTC trust outflows accounting for about one third (-286K #BTC). Meanwhile, Short-Term Holder Supply has increased by +1.121M #BTC, absorbing #LTH selling pressure and acquiring 121K #BTC from exchanges. Open / Comment