stacked platform (external beta) is feature complete.
we're spending 2 weeks polishing the product, and then we'll release it to our initial beta users.
we want to grow 50% weekly, so let us know if you want to join the community.
excited for y'all to try. 🙂
NEW REWARD UNLOCKED.
I just claimed a Grail Crate from VALHALLA'S Battle Pass. Activate your Battle Pass to begin earning rewards for @valhalla and @joinstacked.
Since much of the @valhalla Discord is token gated, our community activities can fly under the radar in web3.
Curious what's been cooking in VALHALLA? Here’s an overview of some of our community happenings over the last few months…⬇️
#Bitcoin - whats next ?
The big Sunday report, all you need to know:
In the Sunday report from last week we spoke about 3 key price manipulations, that perfectly took place as predicted. $BTC broke out above EMA50, grabbed liquidity, trapped the bulls and went down to our " normal range" below EMA50 daily. Half of short size closed with profit, other half is open with stops at entry. So what can be expected next ?
🚩 TA/ LCA/ Psychological Analysis:
Important observation: Market makers usually send a price in one or the other direction when the target they wish to see has more than enough liquidity to grab. Now you might start to understand why market makers need boring sideway movements, but let me tell you something interesting.
There is much more liquidity to grab in the downside than in the upside if we watch the liquidity chart from the last 90 days. This can be an indicator that Market Makers await more shorts to enter the market in order to liquidate them by pumping the price towards $34.000 and higher, it will be a flash move, for that we need much more liquidity. Serious size of liquidity starts at $30.100, far away. Whats about the area between $30.100 and the current price ? Yes, it needs to be filled with more liquidity. How does it work ? Price needs to move more in a sideway movement. In other words: The longer we move in this sideway range, the higher the possibility to breakout. At the same time there is more than enough liquidity in the downside, so there is actually no reason for market makers to send the price in sideway mode when their goal is a downside target
We have currently a short open from the "short region" as you can see from the chart. However, BTC back at its range tells me can continue to see another range of boring sideway movement between MA50 (Daily) and MA200 (Weekly) in this week
You should not ignore the mother of all supports (MA200 Weekly) which is at $26.300. Also, do not ignore the fact that right below it there is a huge liquidation pool with more than $440bn worth of liquidations that perfectly matches with EMA200 support. This option is not out of the table yet, as long BTC is still moving in our range. Remember: Market makers would create a situation of big fear once they let BTC drop below MA200 weekly. For that you need to understand its historic importance. MA200 weekly usually tells us if we are in a bear or sideway - pre bull market phase. Bring the BTC price below MA200 weekly (Golden line on chart) means retail will start to believe that we are back in the bear market. Big fear, and will take a lot of retail money out of the market
📚 Easy guideline:
EMA50 ($27.450) resistance
MA200 ($26.300) support
Summary: If market makers truly want to see the price much higher, we can expect much more sideway movements between EMA50 and MA200 to fill the empty area of interest with more and more liquidity. In the other side, there is no need to fill the area of interest in the downside with more liquidity, as there is already more than enough to grab. For that, any loss of MA200 daily will be the start of a flash liquidity hunt with a flash dump. Bloody day, once losing MA200 - however, market makers will think twice if its actually worth it to bring price below MA200
I think we will continue to move between EMA50 and MA200, this week. The big and decisive movement will most likely happen after 13th of June, in the week of CPI & FOMC meeting.
Important days in the week:
Mo: ISM Services PMI
Tue: //
Wed: //
Thursday: Unemployment Claims
Friday: //
End// thx for reading
Telegram: https://t.co/zkdgaR6H3c
smart contract wallets are actually so great just removed liquidity from 2 uniswap pools and added liquidity into a new pool in 1 transaction - saving gas
can’t wait for more development in AA; UX for web3 will definitely improve
Rocket Pool is coming to @zksync Era!
You'll soon be able to liquid stake your ETH on zkSync Era by simply holding rETH in your wallet. Just like on mainnet and other L2's, $rETH will continue to accrue staking rewards automatically
(1/3)
1/ Circle is launching USDC natively on @Arbitrum on June 8th!
Keep scrolling or read the blog to learn more about this launch and how to migrate liquidity from “bridged USDC” to native USDC. https://t.co/tbxSmUvXso
Some say Etherscan is where the real alpha is, yet many struggle to use it properly.
Here is your guide to mastering block explorers and becoming an on-chain pro.
🧵