Total Crypto Market 24H Liquidation (11/02/2024, 09:21 PM UT | therealcryptojk on Binance Square

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Total Crypto Market 24H Liquidation (11/02/2024, 09:21 PM UTC+10)
🔴LONGS: $121.21M
🟢SHORTS: $78.19M
A total of 68,159 traders got liquidated, resulting in total liquidations amounting to $199.40M. Notably, the largest single liquidation order, valued at $5.02M, occurred on OKX for #BTC-USDT-SWAP.

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$MOODENG H4 Bullish Idea. I've been observing its market for the whole day, and the VAL is serving as a strong support as of this posting, passing by the POC in the process. Let's see how market reacts on this FVG as it is already teasing a potential trade within the EMA zone. Bearish ABCD observed, with possible retracement towards a greedy zone at the 162% extended Fib level. Pattern invalidation if price goes below $0.19382. In the event of an EMA GX, I expect market to eventually trade back at the $0.23 price zone, and test a probable VAH breakout.

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New scalp 📜 posted in the Endurance Hall 🥷 @therealcryptojk

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$GAS D1 Bullish Idea. Looking at its daily, seems like its market is in a classic TRBO retest before rocketing. As shown in my chart, the trendline resistance breakout has sent its price recently on a POC break but got multiple rejection from the resistance zone. Also notable here is how the trendline support is respected and now has anchor help from the POC. Price has now traded again within EMAs since its bounce, and I still need to observe if it can sustain trading above it for a potential upward push to trigger a likely GX sooner or later. In the event the above-mentioned does happen, I expect price to test again the resistance zone, hence, if it trades above $4.748, then I'm looking for a VAH test from thereon. If you zoom out completely on its macro, it is in accumulation phase now, and I still consider this a sleeping beast. I honestly think we shouldn't sleep on this coin, especially considering the pump history it did way back November of last year. Contrary to this, a POC break would be crucial to invalidate my bullish idea on this coin.

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