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Hello Cryptoamante, here I bring you a current curious fact about the situation of $BTC .
As you will see, BTC is in a downtrend, probably creating a range between 38500 - 40500.
Right now what can we expect from BTC?
Here I share a BTC settlement map of Perp Futures. 3 months, easy to interpret, what is above the price are liquidations of shorts, and below, liquidations of longs.
But on this map you see something unusual, something that makes you think that it is bad news for some and good news for others.
We can see an accumulation of Longs at 33900 (approx.) of more than 2 trillion dollars.
Normally when there is such an accumulation, the price usually goes to look for it, it would mean a BTC returning to 33k. But there is no need to panic and place a short position right now. It must be taken into account that it is a perspective over a long period (3 months).
We know that BTC is an asset with a great future, in case it reaches that point, do not be surprised that it can easily return to 40k the next day. So, plan your strategy well, don't let greed or fear win over you, and good luck on this path of trading!
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Let's remember Criptoamante that I previously did my analysis of BTC, although I expected it before the fall, it ended up fulfilling what was predicted before.
BTC was seen looking for that liquidity hovering around 41700-41300.
Right now we have a BTC with quite a bit of selling force, but we should see BTC returning to the area of highest transaction volume, seen from the volume profile. In addition, the liquidity in that area was taken, so we could see a regression.
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Hello, how are you crypto lover, here I bring you my view on the $REN token in long-term perpetual futures (Binance daily chart).
It is in a lateral movement between 0.064 - 0.052 through the area of highest transaction volume seen from the volume profile, where a SQUEEZE shows us turning upward, like the MACD. It should also be noted that an ADX is seen above point 23, which shows us a strong movement.
We also observe in the liquidity map an accumulation of shorts in the area of 0.0618 - 0.0626
Therefore I wait for a REN testing the 200 period average, leaving a wick above 0.062.
Share and Like, you would help me a lot!
What crypto would you like me to analyze? write it in the comments!
Hello, how are you crypto lover, here I bring you my short-term vision (4H) of #BTC .
Right now it can be seen lateralizing between 43100 - 41400 (approx.), in the area of greatest transaction volume seen from the volume profile.
He highlighted that there is about to be a downward crossover between the averages of 100 and 55 periods. It should be noted that, reviewing the BTC liquidity map, you can see a lot of liquidity in the 41800 - 41400 area.
Therefore, I expect BTC looking for that liquidity zone to continue with the range. $BTC Comment which other crypto you want me to analyze!