ALVI GUSTIFAN
1 Posts
ALVI GUSTIFAN
Report
Block User
[KING TRADER AND INVESTOR WORLD]
44 Following
15 Followers
1 Liked
Posts
Article
Negative Reversal Signal: Downtrend in $TUT and $VELVET Makes Investors Worriedyesterday I was sure that analyzing $TUT and $VELVET would show a sharp downward sign this week and it turned out to be true. it could even see further decline! because of extreme selling pressure, high volume, 2 bottom floors breaking through [ failed ], all breakdowns and reclaiming several key supports. without confirmation of a pinbar/hammer, nackline, a reversal spike in volume, and so on
meanwhile $VELVET to experience quite dangerous pressure! because the top 3 wallets hold 73%+ of the total supply, with one wallet holding 46.8% ($820M+). These whales are dumping at the top, with leverage positions worth $32M+ getting liquidated
Negative Reversal Signal: Downtrend in $TUT and $VELVET Makes Investors Worried
yesterday I was sure that analyzing $TUT and $VELVET would show a sharp downward sign this week and it turned out to be true. it could even see further decline! because of extreme selling pressure, high volume, 2 bottom floors breaking through [ failed ], all breakdowns and reclaiming several key supports. without confirmation of a pinbar/hammer, nackline, a reversal spike in volume, and so on
meanwhile $VELVET to experience quite dangerous pressure! because the top 3 wallets hold 73%+ of the total supply, with one wallet holding 46.8% ($820M+). These whales are dumping at the top, with leverage positions worth $32M+ getting liquidated
meanwhile $VELVET to experience quite dangerous pressure! because the top 3 wallets hold 73%+ of the total supply, with one wallet holding 46.8% ($820M+). These whales are dumping at the top, with leverage positions worth $32M+ getting liquidated
1
383
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Trending Topics
USJulyCPI&PPIDueThisWeek
110,317 views
1,905 Discussing
🏳️Big Shakeout Coming In Few Hours ‼️🕷️$BTC Can Liquidate Millions of account If you Ignored Today's Big Event:CPI DATA🚨
BtC is at 64k right now rebound from 63.2k area .
Yesterday we caught the downside move nicely and TP2 was done. Now BTC is rebounding again, and I’m watching $64.8K–$65.5K very closely because there is clear liquidity sitting above. So yes, BTC can still push higher from here before giving us the next clean move.
There are two main reasons I’m expecting this push: first, the liquidity above price, and second, today’s CPI data. Market is expecting around 0.1% headline MoM and 0.2% core MoM. My expectation is around forecast or slightly softer, which can support one more upside squeeze. CPI is coming at 8:30 AM ET / 12:30 PM UTC / 5:30 PM Pakistan time, so please be careful because volatility can get crazy around the release.
Technically, yesterday we already got a BOS to the downside, but right now $63.2K and $62.5K are acting as support. If these levels break properly, downside can open again. On the upside, I’m not turning fully bullish unless BTC breaks $65.5K with strong volume and holds above it.
I'm very clear about my plan next .I will wait for BTC to grab the upside liquidity area first. If CPI comes out and BTC grabs liquidity around $64.8K–$65.5K and then gives a proper rejection, that can give us another very clean SHORT. I’ll update the entry on time so stay connected.
I'm expecting that if rejection comes from 64.7-65k we can see another dump towards 63k area .
Open $BTC chart right now and mark your zone 👇
Always DYOR
#BTC #USJulyCPI&PPIDueThisWeek #CFTCOrdersKalshiToKeepOperating #OCCSaysDigitalFirmsCanSeekNationalBankStatus
Panda Traders
·20 Likes
·4.6k views
DogecoinLeadsMajorsUpNearly3%
6,828 views
223 Discussing
CFTCOrdersKalshiToKeepOperating
51,162 views
832 Discussing