Monitoring the price for stability above its year-long average. If we put a short/medium-term low here we will get a possible H&S bottom reversal. #SILVER Breakout above 70 will be my long signal.
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At this point I have no idea what the price structure is telling me. As always after a strong directional move, I will be looking for the type of consolidation that takes place.
Around here one can look for, bullish pennant/flags as sign of continuation.
Or a much deeper pullback, to form a larger scale H&S bottom reversal etc.
Smart #Solana whale (GvHYQQ) bought another 47,535 $SOL($3.6M) after over 2 years of inactivity.
The whale perfectly bought the dip in August and October 2023, buying 291,790 $SOL ($6.82M) at an average price of just $23.37.
Then $SOL started to skyrocket.
As $SOL surged, the whale took profit by selling 191,789 $SOL ($24.62M) at an average price of $128.36, making over $20M in realized profit.
Now, after 2 years of inactivity, the whale is buying the $SOL dip again.
https://t.co/7UlLjOA5hk
$ETHUSD Getting ready for the next directional move. Next special #cryptocurrency report will discuss developing setups. Scheduled for Monday but can be released earlier depending on the accelerating moves.
>> https://t.co/xNhByOrmXw
ICYMI: $BTC futures OI has climbed past a full day of futures volume, just shy of last September's record.
Plenty of positions, thin turnover. On a tape this thin, liquidations meet little resistance in either direction.
🚨 NOW: CryptoQuant CEO Ki Young Ju says Bitcoin's current rally is futures-driven, warning it needs spot demand too or risks fading like it did in April.