SCKBS_CGB
18 Posts
SCKBS_CGB
Report
Block User
High-Frequency Trader
4.7 Years
17 Following
20 Followers
15 Liked
Posts
ยท
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$ BTW broke above the $2.1 level. The lower wick dipped to $1.9, where buying pressure was strong, as everyone expects a sweep up to $3.
๐ A break above $2.28 could see the uptrend continue. ๐ Losing $2.10 could lead to a correction to $1.8.
Personally, I think the price may correct upward, but volatility is likely as expectations of profit-taking around $2.28 are high.
As for $AGT, it just made a move up to create liquidity, but in my view, the trend is still correcting toward 0.55 before the next correction.
This is my personal opinion for reference only; the crypto market always carries risks.
#BTW #AGT
$ BTW broke above the $2.1 level. The lower wick dipped to $1.9, where buying pressure was strong, as everyone expects a sweep up to $3.
๐ A break above $2.28 could see the uptrend continue. ๐ Losing $2.10 could lead to a correction to $1.8.
Personally, I think the price may correct upward, but volatility is likely as expectations of profit-taking around $2.28 are high.
As for $AGT, it just made a move up to create liquidity, but in my view, the trend is still correcting toward 0.55 before the next correction.
This is my personal opinion for reference only; the crypto market always carries risks.
#BTW #AGT
๐ A break above $2.28 could see the uptrend continue. ๐ Losing $2.10 could lead to a correction to $1.8.
Personally, I think the price may correct upward, but volatility is likely as expectations of profit-taking around $2.28 are high.
As for $AGT, it just made a move up to create liquidity, but in my view, the trend is still correcting toward 0.55 before the next correction.
This is my personal opinion for reference only; the crypto market always carries risks.
#BTW #AGT
1
945
ยท
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After strapping a rocket to its butt and blasting off into space, the rocket has detached from the spacecraft. The temperature has dropped slightly. Is anyone brave enough to open a short position and launch the second rocket? @@. #BTW
After strapping a rocket to its butt and blasting off into space, the rocket has detached from the spacecraft. The temperature has dropped slightly. Is anyone brave enough to open a short position and launch the second rocket? @@. #BTW
1
90
ยท
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#BTWAfter strapping a rocket to its backside and blasting into space, the rocket has separated from the spacecraft. The temperature has dropped slightly. Is there any brave soul willing to place a short order and trigger the second rocket? @@
#BTW
#BTW
After strapping a rocket to its backside and blasting into space, the rocket has separated from the spacecraft. The temperature has dropped slightly. Is there any brave soul willing to place a short order and trigger the second rocket? @@
#BTW
#BTW
600
ยท
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#BTW I was looking at the chart and you suddenly startled me, babe!
#BTW I was looking at the chart and you suddenly startled me, babe!
2
683
ยท
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Bearish
What's going on? I've already cut my losses on everything!
#BTW
What's going on? I've already cut my losses on everything!
#BTW
#BTW
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7
7.8k
ยท
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Bitway (BTW) rose 43% in 10 hours on October 5, recovering partially after the weekend correction. However, the short-term trend still leans bearish, as the price has yet to break above 1.53.
The daily and hourly charts are sending different signals: the longer-term support zone is holding, but overhead supply zones remain an obstacle to a recovery.
The 1.4โ1.53 zone is a hurdle on the hourly chart
BTW still has a bearish bias on the hourly chart following the weekend correction.
A move up to 1.53 could still be just a recovery within a short-term downtrend. Until BTW breaks above this level, a return to the 0.81โ0.87 zone remains a scenario to consider.
And Iโve chosen the scenario of a return to 0.81โ0.87โand thatโs the end! What about you?
#BTW #congabeo
Bitway (BTW) rose 43% in 10 hours on October 5, recovering partially after the weekend correction. However, the short-term trend still leans bearish, as the price has yet to break above 1.53.
The daily and hourly charts are sending different signals: the longer-term support zone is holding, but overhead supply zones remain an obstacle to a recovery.
The 1.4โ1.53 zone is a hurdle on the hourly chart
BTW still has a bearish bias on the hourly chart following the weekend correction.
A move up to 1.53 could still be just a recovery within a short-term downtrend. Until BTW breaks above this level, a return to the 0.81โ0.87 zone remains a scenario to consider.
And Iโve chosen the scenario of a return to 0.81โ0.87โand thatโs the end! What about you?
#BTW #congabeo
The daily and hourly charts are sending different signals: the longer-term support zone is holding, but overhead supply zones remain an obstacle to a recovery.
The 1.4โ1.53 zone is a hurdle on the hourly chart
BTW still has a bearish bias on the hourly chart following the weekend correction.
A move up to 1.53 could still be just a recovery within a short-term downtrend. Until BTW breaks above this level, a return to the 0.81โ0.87 zone remains a scenario to consider.
And Iโve chosen the scenario of a return to 0.81โ0.87โand thatโs the end! What about you?
#BTW #congabeo
2
827
ยท
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#45NgayTuDoTaiChinh ฤรณng sแปm chแปt lแปi chแปฉ ko tin nแปi em nร y
#45NgayTuDoTaiChinh ฤรณng sแปm chแปt lแปi chแปฉ ko tin nแปi em nร y
1
250
ยท
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VELVETVELVET surged 54% to a six-week high of $1.12 before pulling back, while the price is currently around $1.07โup 16% today and 119% over the week. The rally began after VELVET broke out of a prolonged consolidation range and turned the $1 milestone into a support zone. Trading volume and activity in the derivatives market have both increased sharply.
Derivatives momentum drives VELVETโs rally
VELVETโs uptrend is supported by growing speculative inflows into the derivatives market, reflected in rising trading volume and open interest.
VELVETโs price previously rose 54% to $1.12 and then dropped sharply. Trading volume jumped 392% to $71 million, indicating significantly higher market activity.
Index | Change or Value | VELVET Price | Around $1.07
Daily increase | 16%
Weekly increase | 119%
Trading volume | Up 392%, to $71 million
Derivatives volume | Up 390%, to $432 million
Open interest | Up 69%, to $63 million
Source: CoinGlass
Derivatives volume rose 390% to $432 million, while open interest increased 69% to $63 million and reached a one-month high. This suggests many new positions were opened as the price moved higher.
In perpetual futures markets, buy volume was $19.25 million, higher than sell volume at $18.53 million. Perps Delta increased to $0.72 million during the day, reflecting proactive buying activity by derivatives traders.
Source: Coinalyze
VELVETโs Long/Short ratio also rose above 1, with the ratio for the top trader group on Binance reaching 1.3. A reading above 1 indicates that most of this group is leaning toward the likelihood that the price will continue to rise.
Exchange inflows increase profit-taking risk
Profit-taking pressure from VELVET holders could act as a headwind to the rally, especially since the amount of tokens transferred to exchanges had reached a one-month high.
On August 14, VELVET Spot Netflow hit $725,000 before falling to $38,000 at the time of the recorded value. Positive Spot Netflow indicates more VELVET moved into exchanges than was withdrawn.
Source: CoinGlass
Token transfers to exchanges often reflect increased supply available for selling on the spot market. If this pressure persists, VELVETโs upward momentum could weaken and lead to a correction.
VELVET needs to hold the $1 level to maintain the uptrend structure
VELVET currently has strong upward momentum, but the RSI is at 80, indicating the token is in an overbought zone and could face heightened volatility.
Source: TradingView
An RSI of 80 reflects strong presence from the buying side, but it also shows the price is in an overbought state. Fresh demand will need to continue in order to support the current rally.
If buying pressure remains solid, VELVET could defend the $1 level and target $1.60, a zone that previously marked weakness in the prior trend. Conversely, falling demand alongside immediate selling pressure could push the price below $1.
Summary
VELVET surged after breaking out of its consolidation range, supported by speculative activity in the derivatives market. However, positive Spot Netflow and an overbought RSI suggest the rally may face profit-taking pressure if demand weakens.
Source: https://tintucbitcoin.com/velvet-co-the-giu-moc-1-usd-sau-khi-tang-54/
VELVET
VELVET surged 54% to a six-week high of $1.12 before pulling back, while the price is currently around $1.07โup 16% today and 119% over the week. The rally began after VELVET broke out of a prolonged consolidation range and turned the $1 milestone into a support zone. Trading volume and activity in the derivatives market have both increased sharply.
Derivatives momentum drives VELVETโs rally
VELVETโs uptrend is supported by growing speculative inflows into the derivatives market, reflected in rising trading volume and open interest.
VELVETโs price previously rose 54% to $1.12 and then dropped sharply. Trading volume jumped 392% to $71 million, indicating significantly higher market activity.
Index | Change or Value | VELVET Price | Around $1.07
Daily increase | 16%
Weekly increase | 119%
Trading volume | Up 392%, to $71 million
Derivatives volume | Up 390%, to $432 million
Open interest | Up 69%, to $63 million
Source: CoinGlass
Derivatives volume rose 390% to $432 million, while open interest increased 69% to $63 million and reached a one-month high. This suggests many new positions were opened as the price moved higher.
In perpetual futures markets, buy volume was $19.25 million, higher than sell volume at $18.53 million. Perps Delta increased to $0.72 million during the day, reflecting proactive buying activity by derivatives traders.
Source: Coinalyze
VELVETโs Long/Short ratio also rose above 1, with the ratio for the top trader group on Binance reaching 1.3. A reading above 1 indicates that most of this group is leaning toward the likelihood that the price will continue to rise.
Exchange inflows increase profit-taking risk
Profit-taking pressure from VELVET holders could act as a headwind to the rally, especially since the amount of tokens transferred to exchanges had reached a one-month high.
On August 14, VELVET Spot Netflow hit $725,000 before falling to $38,000 at the time of the recorded value. Positive Spot Netflow indicates more VELVET moved into exchanges than was withdrawn.
Source: CoinGlass
Token transfers to exchanges often reflect increased supply available for selling on the spot market. If this pressure persists, VELVETโs upward momentum could weaken and lead to a correction.
VELVET needs to hold the $1 level to maintain the uptrend structure
VELVET currently has strong upward momentum, but the RSI is at 80, indicating the token is in an overbought zone and could face heightened volatility.
Source: TradingView
An RSI of 80 reflects strong presence from the buying side, but it also shows the price is in an overbought state. Fresh demand will need to continue in order to support the current rally.
If buying pressure remains solid, VELVET could defend the $1 level and target $1.60, a zone that previously marked weakness in the prior trend. Conversely, falling demand alongside immediate selling pressure could push the price below $1.
Summary
VELVET surged after breaking out of its consolidation range, supported by speculative activity in the derivatives market. However, positive Spot Netflow and an overbought RSI suggest the rally may face profit-taking pressure if demand weakens.
Source: https://tintucbitcoin.com/velvet-co-the-giu-moc-1-usd-sau-khi-tang-54/
Derivatives momentum drives VELVETโs rally
VELVETโs uptrend is supported by growing speculative inflows into the derivatives market, reflected in rising trading volume and open interest.
VELVETโs price previously rose 54% to $1.12 and then dropped sharply. Trading volume jumped 392% to $71 million, indicating significantly higher market activity.
Index | Change or Value | VELVET Price | Around $1.07
Daily increase | 16%
Weekly increase | 119%
Trading volume | Up 392%, to $71 million
Derivatives volume | Up 390%, to $432 million
Open interest | Up 69%, to $63 million
Source: CoinGlass
Derivatives volume rose 390% to $432 million, while open interest increased 69% to $63 million and reached a one-month high. This suggests many new positions were opened as the price moved higher.
In perpetual futures markets, buy volume was $19.25 million, higher than sell volume at $18.53 million. Perps Delta increased to $0.72 million during the day, reflecting proactive buying activity by derivatives traders.
Source: Coinalyze
VELVETโs Long/Short ratio also rose above 1, with the ratio for the top trader group on Binance reaching 1.3. A reading above 1 indicates that most of this group is leaning toward the likelihood that the price will continue to rise.
Exchange inflows increase profit-taking risk
Profit-taking pressure from VELVET holders could act as a headwind to the rally, especially since the amount of tokens transferred to exchanges had reached a one-month high.
On August 14, VELVET Spot Netflow hit $725,000 before falling to $38,000 at the time of the recorded value. Positive Spot Netflow indicates more VELVET moved into exchanges than was withdrawn.
Source: CoinGlass
Token transfers to exchanges often reflect increased supply available for selling on the spot market. If this pressure persists, VELVETโs upward momentum could weaken and lead to a correction.
VELVET needs to hold the $1 level to maintain the uptrend structure
VELVET currently has strong upward momentum, but the RSI is at 80, indicating the token is in an overbought zone and could face heightened volatility.
Source: TradingView
An RSI of 80 reflects strong presence from the buying side, but it also shows the price is in an overbought state. Fresh demand will need to continue in order to support the current rally.
If buying pressure remains solid, VELVET could defend the $1 level and target $1.60, a zone that previously marked weakness in the prior trend. Conversely, falling demand alongside immediate selling pressure could push the price below $1.
Summary
VELVET surged after breaking out of its consolidation range, supported by speculative activity in the derivatives market. However, positive Spot Netflow and an overbought RSI suggest the rally may face profit-taking pressure if demand weakens.
Source: https://tintucbitcoin.com/velvet-co-the-giu-moc-1-usd-sau-khi-tang-54/
69
ยท
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Short $VELVET
Break the old low even though the volume is thin and glaringly obviousโclearly theyโre intentionally pulling the stop-loss to trap the crowd. And on top of that, every day they regularly dump 620k tokens into the market, so how can the support hold and survive? This short setup is so obviousโif you donโt push hard to drive the price down, then when will you? Short now and crush this fake pump wave immediately ๐๐ฅ
{future}(VELVETUSDT)
Short $VELVET
Break the old low even though the volume is thin and glaringly obviousโclearly theyโre intentionally pulling the stop-loss to trap the crowd. And on top of that, every day they regularly dump 620k tokens into the market, so how can the support hold and survive? This short setup is so obviousโif you donโt push hard to drive the price down, then when will you? Short now and crush this fake pump wave immediately ๐๐ฅ
Break the old low even though the volume is thin and glaringly obviousโclearly theyโre intentionally pulling the stop-loss to trap the crowd. And on top of that, every day they regularly dump 620k tokens into the market, so how can the support hold and survive? This short setup is so obviousโif you donโt push hard to drive the price down, then when will you? Short now and crush this fake pump wave immediately ๐๐ฅ
87
ยท
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Bearish
$VELVET is set for another move batch towards zone $1,1 if it even does not break above that level
$VELVET is set for another move batch towards zone $1,1 if it even does not break above that level
137
ยท
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Bearish
What just happened with $VELVET like this???
You just fired off an upside-down spike all the way to $0.48, and in just a few minutes it already shot up into a straight column to $1.12... The candle looks tasty, but entering at a time like this, be carefulโMM might sweep it and burn your account clean.
With sweeps like this, itโs probably already wiped out a lot of peopleโs accounts.
What just happened with $VELVET like this???
You just fired off an upside-down spike all the way to $0.48, and in just a few minutes it already shot up into a straight column to $1.12... The candle looks tasty, but entering at a time like this, be carefulโMM might sweep it and burn your account clean.
With sweeps like this, itโs probably already wiped out a lot of peopleโs accounts.
You just fired off an upside-down spike all the way to $0.48, and in just a few minutes it already shot up into a straight column to $1.12... The candle looks tasty, but entering at a time like this, be carefulโMM might sweep it and burn your account clean.
With sweeps like this, itโs probably already wiped out a lot of peopleโs accounts.
191
ยท
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Day 1#45NgayTuDoTaiChinh
This $BEAT chart should be Short only even though we are testing the resistance zone again after a fairly strong rebound
Day 1
#45NgayTuDoTaiChinh
This $BEAT chart should be Short only even though we are testing the resistance zone again after a fairly strong rebound
This $BEAT chart should be Short only even though we are testing the resistance zone again after a fairly strong rebound
160
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