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Raghvendra Singh

@raghav078

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Raghvendra Singh pfp
Raghvendra Singh
@raghav078
The Crypto Fear & Greed Index still sits at "Fear". Whether this is accurate or not, I do like to compare this to previous levels within the same year. As can be seen, we're still at the lows from this year which indicates sentiment is still very low relatively speaking.
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Raghvendra Singh
@raghav078
Crypto Funding Rates still very low or even into the negative territory (like $TIA). Generally both long and shorts have been getting punished the past few weeks with some relatively big moves towards both sides. Good chance that we'll see some disbelief when a trend returns.
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Raghvendra Singh
@raghav078
Coinbase App Store Ranking has regained the top 500 after mostly hovering outside of it for the past few weeks. Still incredibly low compared to earlier this year when it was in the top 100 for the first few months. tl;dr some renewed interest possibly but still low overall.
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Raghvendra Singh
@raghav078
Idk guys, think most of you interpreted this pivotal event the wrong way around by saying it was bearish for $ETH.
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Raghvendra Singh
@raghav078
$ETH Testing the 4H 200MA/EMA again. This has been a difficult one to break so let's see if there's enough momentum to make it push through this time around.
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Raghvendra Singh
@raghav078
#Bitcoin 2-Year MA Multiplier has historically showed good spots for cycle lows & tops. Generally, when $BTC gets close to the 2 Year MA * 5, it's near its cycle highs. Any time below the 2 Year MA is usually a good time to accumulate.
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Raghvendra Singh
@raghav078
$TAO
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Raghvendra Singh
@raghav078
#Bitcoin Small CME Gap created this weekend at the $60K region. Price has basically sold off straight from the futures open with little to no bounces. Interesting, as stock futures are mostly flat/green.
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Raghvendra Singh
@raghav078
$ETH Pretty sad looking chart. Pretty much down only for the past 2 years. Eventually this will need a big buyer to push price up and get momentum going. Otherwise it will just keep dribbling down as ETH inflows will struggle to keep up with BTC during the bounces.
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Raghvendra Singh
@raghav078
#Bitcoin Still chopping around its bull market support band. It doesn't want to leave this price region alone just yet. Each breakout is followed by a rejection and each move lower is followed by a bounce. Pretty typical for most of 2024 so far.
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Raghvendra Singh
@raghav078
$ETH is on track for its worst quarter in over 2 years. It's the worst performance relative to #Bitcoin in a long time seeing $BTC is only down -8% this quarter so far.
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Raghvendra Singh
@raghav078
#Bitcoin That's this weekend's gap closed ✅ Still a gap slightly higher at ~$62K and of course the one below at ~$53K. Big day tomorrow surrounding FOMC.
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Raghvendra Singh
@raghav078
#Bitcoin Since the August dump, open interest has slowly been recovering. It has roughly been moving between $9B at the lows ($50K) and $13B at the highs ($70K). Not at any extremely high or low levels as we speak. Just like price.
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Raghvendra Singh
@raghav078
#Bitcoin Trading back above the Daily 200EMA and making its way towards the Daily 200MA. That roughly matches up with the local highs at ~$65K which is needed to breach to make a local higher high and flip the market structure back around.
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Raghvendra Singh
@raghav078
Pretty interesting that we log into this space every day for years and we don’t recognize 90% of these crypto projects that are spending 6 figures on booths over at Token2049. So much random stuff that barely anyone has heard of. With @AltcoinSherpa
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Raghvendra Singh
@raghav078
#Bitcoin Is up +1.5% in September so far. The current low was set at -11% last week. Not as bad as people perceived it to be so far. But we're only halfway. I'm mostly excited for Q4 :)
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Raghvendra Singh
@raghav078
#Bitcoin Zooming out, we can see how $BTC has taken out a big liquidity cluster down below $50K on that August 5th dump. Currently, there's not many big clusters in close proximity. The big levels are sitting at $47K and lower. But especially at $70K+ after all the lower highs
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Raghvendra Singh pfp
Raghvendra Singh
@raghav078
#Bitcoin Small CME Gap created this weekend at the $60K region. Price has basically sold off straight from the futures open with little to no bounces. Interesting, as stock futures are mostly flat/green.
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Raghvendra Singh
@raghav078
Crypto Weekly RSI levels moved up again across the board on this recent bounce. Yet, most levels are still sitting at the lower neutral region with an average of ~41. Although this leaves a lot of room for upside, it also shows there's little upside momentum currently.
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Raghvendra Singh pfp
Raghvendra Singh
@raghav078
#Bitcoin Still chopping around its bull market support band. It doesn't want to leave this price region alone just yet. Each breakout is followed by a rejection and each move lower is followed by a bounce. Pretty typical for most of 2024 so far.
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