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Ben Walther
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Bullish
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The crypto market is challenging right now.
Boring sideways action flavored with intense volatility.
Don’t get worn down by it. Adapt:
• Lower the capital % you risk.
• Trade different timeframes.
• Harden your approach.
• Adjust expectations.
• Lower profit targets.
• Tighten stop losses.
• Train to trade less.
#MarketExperts
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VMA Trend Signals — 30th October 2024 The VMA Trend signal is by far one of my favorite signals due to its high reliability. Indicator Background: → The VMA Trend indicator is a high-quality technical indicator often included in professional suites, some of which cost over $1000/y. → It tracks volume-weighted moving averages to detect potential trend reversals. → When a VMA Trend Flip occurs, it indicates a shift in the market momentum. So, here are today's signals: • Bittensor $TAO CMC Rank: 28 Bullish to Bearish 🔴🔴 • ORDI $ORDI CMC Rank: 108 Bullish to Bearish 🔴🔴 • Sei $SEI CMC Rank: 60 Bearish to Bullish 🟢🟢 • GMX $GMX CMC Rank: 269 Neutral to Bullish 🟢 • Biconomy $BICO CMC Rank: 285 Bearish to Bullish 🟢🟢 • JasmyCoin $JASMY CMC Rank: 81 Bullish to Bearish 🔴🔴 • Conflux $CFX CMC Rank: 96 Bullish to Bearish 🔴🔴 • Aave $AAVE CMC Rank: 44 Bearish to Bullish 🟢🟢
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It was an absolute pleasure and honor to receive the Binance Creator Award today at Binance Blockchain Week, presented by Yi He herself! Feeling incredibly humbled, thrilled, and grateful to everyone who has supported me on this journey. 🫶
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Bitcoin — Shorts Are Piling Up! Monitoring Bitcoin's open orders is quite interesting right now. A few days ago, the long/short ratio was almost 1, meaning the amount of open long and short orders was similar. Right now, it looks like traders expect (or bet on) a correction. The number of short orders has grown to almost 66%. While this shows that the market awaits a correction, the high amount of short trades could also fuel further price increases if the price continues to climb. What do you think? $BTC
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