perfect volume range for OTHERSCRYPTOCAP:OTHERS
A week has passed since the flash crash on altcoins
A range has formed on both the price and volume charts
EXPECTATIONS
1 target remains relevant
OTHERS trade ideas
A GREAT TRUMP TARIFFS CRASH FOR SPOT BUYING!CRYPTOCAP:OTHERS 4H
In fact, the weekend's drop was painful for everyone who holds spot altcoins. This review could have been left out and just posted a meme with a crying cat (
Let's get to work!
1.The accurate analytics will appear later, but the founder of ByBit says that 2 billion positions were liquidated on his exchange , and he estimates the total liquidations at 10 billion over the weekend!
2.The drop since Friday was 37% in coins, excluding the top 10.
3.Most of the coins have updated their ATLs against Bitcoin.
4. In terms of volume, we see a pattern of complete absorption of sales. This can be used for swing longs for the next few days, or for long-term positions until the summer.
The market is a tough place, but only those who manage risks and discipline make money on it!
Rectangle nearing breakout levelCrypto small cap marketcap is currently in consolidation in rectangle and breakout is expected soon as Altcoin marketcap has broke major resistance.
