Here's the Analysis of #DODO :

#DODO moving within the large channel pattern and got it strong rejection from the major resistance area of $0.139 - $0.141. Currently price testing the support from the trendline and market is strongly bearish at the moment, so we kinda expect a break below here.

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All About Day Trading

Day trading is a popular trading strategy in the markets where traders aim to profit from short-term price movements within a single trading day. It involves buying and selling financial instruments, such as stocks, currencies, commodities, or cryptocurrencies, within the same trading day, with the goal of capitalizing on price volatility.

Here are some key aspects of day trading:

1. Short-Term Trading: Day traders open and close positions within the same trading day, and they rarely hold positions overnight. This approach is in contrast to swing trading or long-term investing.

2. Capital Requirements: Day traders typically need sufficient capital to trade comfortably, as they aim to take advantage of small price movements. This means having enough funds to cover potential losses and meet margin requirements.

3. Technical Analysis: Day traders often rely on technical analysis to make trading decisions. They use charts, indicators, and patterns to identify potential entry and exit points.

4. Volatility: Day traders seek out assets that exhibit significant price volatility, as these fluctuations provide opportunities for quick profits. Highly liquid assets are also preferred to ensure smooth order execution.

5. Risk Management: Effective risk management is crucial for day traders. This includes setting stop-loss orders to limit potential losses and using proper position sizing.

6. Trading Strategies: Day traders employ various trading strategies, such as scalping, momentum trading, breakout trading, and mean-reversion trading. Each strategy has its own set of rules and objectives.

7. Market Monitoring: Day traders need to closely monitor the markets during trading hours. They often use real-time news, level II quotes, and trading platforms to make informed decisions.

8. Psychological Discipline: Day trading can be emotionally taxing, as traders face the pressure of making quick decisions and managing the stress of financial risk. Maintaining discipline and emotional control is vital.

9. Regulations: Day trading is subject to regulatory rules, including pattern day trading rules in the United States that require traders to maintain a minimum account balance if they make more than a certain number of day trades in a rolling five-day period.

10. Tax Considerations: Tax implications can be significant for day traders, as short-term capital gains are typically taxed at a higher rate than long-term gains. Traders should be aware of tax laws in their jurisdiction.

11. Education and Practice: Novice day traders are encouraged to undergo education and practice on demo accounts before risking real capital. This helps build skills and gain experience without financial risk.

12. Record-Keeping: Maintaining detailed records of trades is important for assessing performance and tax reporting.

It's important to note that day trading is not suitable for everyone. It requires a solid understanding of the markets, a disciplined approach, access to real-time data, and sufficient capital. Many day traders experience both wins and losses, and it can be financially risky.

Additionally, it's recommended to research and understand the risks and potential rewards before engaging in day trading, and some traders may consider seeking advice or mentorship to improve their trading skills.

#BTC break and close below of the trendline and made a retest. Price didn't moved played back and forth. Price looks bearish at the point and nothing looks well. Wait for the market to move either side or Daily TF shows any sort indication.

#RENDER made more drop with the market and moved 14.68% in profits. I hope you secured some over there and trail the stops.

Comparing BTC/ETH exchange inflows (sell pressure) to stablecoin inflows (buy pressure) reveals market bias:

Near zero: neutral
Positive: net buy-side
Negative: net sell-side

Market has been in a declining sell-side regime since mid-2023.

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Here's the Analysis of #JTO :

#JTO is been travelling with in the large uptrend channel pattern and nearly got to the flip area of $2.56 - $2.59. Expecting a reversal from here after tapping into it.

#BITCOIN DAILY TF UPDATE :

#BITCOIN on Daily TF, failed to print the new higher high and dropped breaking the structure too. Price near to its support zone and likely to get reversed, watch out the market

#DODO did what we're expecting, it broke the pattern and made its way towards the major support zone of $0.10 - $0.11. Price already kinda rejecting from the support zone but still waiting for the price to dip lower.

We see a similar dynamic using the spot cumulative volume delta (CVD) metric. This tool measures the net difference between buying and selling trade volumes on centralized exchanges.

From this perspective, we can see the significant sell-side dominance since the March ATH. However, as of last week, CVD has recorded the first net-buy-side indicator since July, suggesting a softening of sell-side pressure applied to spot markets.

Here's the Analysis of #FLOW :

#FLOW is been rejected strongly from the resistance area of $0.70 and moving within a range of support at $0.50. With the market conditions market is strongly dropping and need to wait for the price to reach out the support.

#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on Weekly TF, gives a massive candle down after being previous candle closed with strong rejection. Candle now closing below the both zone and that would not be a good call for us.