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Bitcoin Bull-Bear Cycle Indicator Signals Bearish Phase: What Does It Mean for BTC?
A recent analysis from CryptoQuant indicates that Bitcoin (BTC) may have entered a bearish phase following the latest market crash. This development is highlighted by CryptoQuant’s Bull-Bear Market Cycle Indicator, a tool that leverages on-chain data to assess market conditions. Let's dive deeper into what this means for Bitcoin and the broader cryptocurrency market.
CryptoQuant’s Bull-Bear Market Cycle Indicator Turns Negative
In a recent post on X, Julio Moreno, CryptoQuant’s Head of Research
CryptoQuant’s Bull-Bear Market Cycle Indicator Turns Negative
In a recent post on X, Julio Moreno, CryptoQuant’s Head of Research
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mapping btc/usdt
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LONG #USTCUSDT from $0.04604 stop loss $0.0458
30m TF. According to USTC, a strong maximum has formed, a local trade is forming above the level, beyond which there are clusters of shortists waiting for the continuation of shorts after an impulse stabbing. Anyway, the price did not fall below 0.44 after the roll-in, which still remains a long sign. Large limit orders are noticeable in the glass, pushing the price to continue longs — the dominance of demand over supply. Consolidation is taking place, which I expect to exit before the local maximum is updated.
#USTC
30m TF. According to USTC, a strong maximum has formed, a local trade is forming above the level, beyond which there are clusters of shortists waiting for the continuation of shorts after an impulse stabbing. Anyway, the price did not fall below 0.44 after the roll-in, which still remains a long sign. Large limit orders are noticeable in the glass, pushing the price to continue longs — the dominance of demand over supply. Consolidation is taking place, which I expect to exit before the local maximum is updated.
#USTC
SHORT #MEMEUSDT from $0.038398 stop loss $0.038551
15m TF. The coin has formed three local support levels, which are tested by several touches with the accumulation of unrealized liquidity behind them. A local downtrend with decreasing highs indicates a limit seller pushing the price towards a cascade in order to reverse.I will wait for the formation of consolidation, the appearance of volumes and activity in the glass before the impulse movement with the capture of liquidity.Free educational trading course here.Open the chart | #TrendBreakout
📢 LONG #WAVESUSDT from [$2.49] stop loss [$2.46]
5m TF. The price is in consolidation, within which we can observe a test of the upper border of the poi zone and numerous manipulation of liquidity below, which tells us about the recruitment of a position by a major player.I expect to see a breakdown and consolidation over the downward slope in the near future and a continuation of the upward movement with an update of the local maximum of 2.5517$
SOL Price Breakout Beats The Bears, Next Stop $75?
The post SOL Price Breakout Beats The Bears, Next Stop $75? appeared first on Coinpedia Fintech NewsWith a declining trend momentum and intraday trading volumes over the weeks, the SOL price continues a lateral move. Taking support from $51 twice, Solana manages to remain buoyant above the $50 mark and prolongs the bearish battle. Keeping a growth return of more than 200% in the last sixty days, Solana keeps an extremely bullish sentiment in the daily chart. Therefore, the SOL price prediction k
THIS is my simpel analisis and signal
🔴 SHORT 🔴
➡️JOEUSDT⬅️
good luck and don't forget to take profit when you feel like you have enough🤑, because lust is your biggest enemy and the beginning of your destruction .
Happy nice day✨
#BTC #futurestrading #signals #crypto2023 #Follow
🔴 SHORT 🔴
➡️JOEUSDT⬅️
good luck and don't forget to take profit when you feel like you have enough🤑, because lust is your biggest enemy and the beginning of your destruction .
Happy nice day✨
#BTC #futurestrading #signals #crypto2023 #Follow