Market Monitor 28 July 2023. Welcome everyone to today’s Market Monitor 28 July 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 1.18T USD, the daily volume is at 26.16B USD, BTC Dominance is at 48.2% and the Fear and Greed Index is at 51%.
Welcome to the last broadcast of the season. We closing the week with another successful trade on Doge while Sol keeps operating a long position opening. You can secure your profitable running positions if you wish to. Furthermore, through the link here: https://t.me/+9PNFXjkvp681ZGM0
you can find our official announcement telegram group, where through the pinned message referring to Bot channels, you can navigate to the channel of your preference and get informed about the market movement according to the Trading Engine algorithm.
Long Set-Ups: BTC, ETH, FTM, BNB, SOL
Short Set-Ups: XRP, ATOM, MATIC, VET, DOGE
BTC is in a long mode while the price keeps fluctuating between the two SMMA lines.
Nothing significantly new for the price of ETH. Apart from the long position opening ETH still fluctuates between the two SMMA lines.
The price of BNB operates a long position opening while fluctuating on the 50 SMMA line.
XRP currently operates a short position opening while moves in a sideways pattern.
ATOM is still in a short mode with a running position that currently gains 4.53%.
MATIC changed its position from long to short after reaching the 50 SMMA line.
+2.66% for our previous long position on DOGE. Now the price operates a short position opening with a gain of 3.07%.
FTM is still in a long mode while fluctuates below the 50 SMMA line.
VET fluctuates in a sideways movement with a short position opening.
SOL is still in an uptrend while gaining 29.75%. You may think about securing your position or taking some of your profits.
This concludes our Market Monitor Report for 28 July 2023.
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