Market Monitor 1 September 2023 - TFLOW

TFLOW

Market Monitor 1 September 2023

Market Monitor 1 September 2023. Welcome everyone to today’s Market Monitor for 1 September 2023. Together we analyze a 10 Cryptocurrency Portfolio and trade live on the Binance Futures platform. We use the TFLOW Trading Engine on the 4H Chart. The Total Market Cap is at 1.09T USD, the daily volume is at 55B USD, BTC Dominance is at 48.6% and the Fear and Greed Index is at 40.

This is the first broadcast of the new season. The week is closing in red with all of the Bots having open short positions. Unfortunately, just like the case of XRP the market is taking back the upside move just after the Grayscale news. Furthermore, we remain neutral and expect more downtrend on the near future before we see the beginning of a new bull run.

Long Set-Ups: None

Short Set-Ups: BTC, ETH, BNB, XRP, ATOM, MATIC, DOGE, FTM, VET, SOL

BTC/USDT 4H

BTC is on a short mode and trying to balance at the support level of the Volume Profile Indicator.

ETH/USDT 5H

ETH is on a short mode and trying to balance at the support level of the Volume Profile Indicator.

BNB/USDT 4H

BNB is on a short mode and trying to balance at the support level of the Volume Profile Indicator.

XRP/USDT 4H

XRP is on a short mode and trying to balance at the support level of the Volume Profile Indicator.

ATOM/USDT 4H

ATOM is on a short mode and trying to balance at the support level of the Volume Profile Indicator.

MATIC/USDT 4H

MATIC is on a short mode and trying to balance at the support level of the Volume Profile Indicator.

DOGE/USDT 4H

Doge is on a short mode and trying to balance at the support level of the Volume Profile Indicator.

FTM/USDT 3H

FTM is on a short mode and trying to balance at the support level of the Volume Profile Indicator.

VET/USDT 4H

VET is on a short mode and trying to balance at the support level of the Volume Profile Indicator.

SOL/USDT 4H

SOL is on a short mode and trying to balance at the support level of the Volume Profile Indicator.

This concludes our Market Monitor Report for 1 September 2023.

Discover more about the TFLOW Trading Engine here.

Find TFLOW on CoinMarketCap here.

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