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Crypto JK
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BAKE
just got dumped hard accounting as much as -8.45% sharp downward fall.
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Total Crypto Market 24H Liquidation (12/10/2024, 9:37 AM UTC+10) 🔴LONGS: $1.55B 🟢SHORTS: $162.30M A total of 569,316 traders got liquidated, resulting in total liquidations amounting to $1.71B. Notably, the largest single liquidation order, valued at $19.69M, occurred on Binance for #ETH/USDT.
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$XRP M30 Bearish Idea. TLSBD play here which could playout more if current support zone gets flipped. Watchout for a sustained trading below $2.3591 as this would mean market has exited Fib's golden zone and made a POC break down. MACD also showing strong bearish momentum pickup with both lines deeply below median.
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$STORJ H4 Bearish Idea. Channel's support break down, but currently anchored by support zone. If support zone gets flipped, potential test of a breakdown on the POC currently situated at $0.6031 as of this posting. MACD has made bearish median crossover, but signal line is still above it, and volume bar is showing strong selling pressure. Invalidation if price bounces successfully from support zone and back to the ascending channel.
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$CYBER H1 Bullish Idea. Lower liquidities swept earlier as it scam dumped, subjecting to a total of 60.54% retracement from its recent Fib uptrend measurement. In my opinion, this is already a discounted buy if ever market decides to proceed on its upward momentum again. POC hanging on nicely, and EMAs look for a GX soon to test for a potential VAH breakout and golden zone entry as shown on the prices in the right side. In case of the above-mentioned event successfully taking place, price could tap on the $6 zone in the upcoming days. MACD showing good buy volume, but is still not strengthened enough right now for a bullish median crossover.
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$PEPE H4 looking ready to continue bullish push to establish a new ATH. POC breakout imminent. Make my prices on the right side as basis for the potential ranging targets in case of the next bullish round.
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