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Crypto JK
Bullish
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Watching closely on $MTL H6 for potential EMA GX. 👀
Watching closely on
$MTL
H6 for potential EMA GX. 👀
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Total Crypto Market 24H Liquidation: 🔴LONGS: $98.82M 🟢SHORTS: $101.46M A total of 60,799 traders got liquidated, resulting in total liquidations amounting to $200.29M. Notably, the largest single liquidation order, valued at $6.57M, occurred on OKX for $BTC-USDT-SWAP.
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$FRONT M15 Potential Bearish Butterfly Formation • Possible bearish butterfly harmonic pattern formation with D-leg completion on 79% Fib level touch. • Market currently hovering just within bearish NT, which is a sign that a potential reversal is looming. • Has not broken Bu-OB; went right above the VAH from recent dip. • More upward push could tease a probable EMA GX, but still looks a long way to go to get there. • TFO currently curving up towards a reentry on the neutral zone. Key break points to WOF: • $0.7813 • $0.7915 • $0.7967 • $0.8361
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Sell in May and Go Away 💀
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Total Crypto Market 24H Liquidation: 🔴LONGS: $212.95M 🟢SHORTS: $60.08M A staggering 94,224 traders faced liquidation, resulting in total liquidations amounting to $273.03M. Notably, the largest single liquidation order, valued at $5.03M, occurred on Binance for $ETH/USDT. Trade safely ninjas!
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BTC.D W1 Rising Wedge • Currently zoomed out on dominance and monitoring what seems to be a rising wedge, which for those who are not familiar with it is a bearish pattern. • BTC.D has recently made a POC break, but its bullish push could be rejected on the VAH as I predicted with the arrow I've plotted. • TFO also in overbought zone, potentially signaling a reversal anytime, but there is more room for further upward push to reach the extremely overbought status. • In the event we see a dump in dominance and $BTC somehow consolidates, it'll be a party spree for alts. Key break points to WOF: • 55.75% • 54.06% • 49.66% #bitcoindominance
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