Token District

#BTC is still moving sideways, with little activity. The price is still building the right shoulder of the Head and Shoulders pattern. Let it build successfully and break in either direction.

Here's the analysis of #BANK: #BANK has entered a strong consolidation and continued to hold the strong support area around $0.0345 - $0.0361. The market is mixed at the moment, so if the price makes a healthy break and closes below, we can consider shorts.

#US30 UPDATE: #US30 has retraced all the way up to the mentioned area and has now entered a consolidation range. Look for a range breakout and take positions.

#BTC is going through the channel, and the weekly close looks like a pin bar candlestick. I already said this week might see a correction, and it's likely we'll hit the resistance first.

The order book suggests the money has not left so much as stepped back. Since early June a persistent stack of bids has built between 2% and 20% below spot and has stayed there, refreshed day after day. Above the price, the offer side has thinned considerably, with resting sell orders in the same ba…

#DXY retraced this week and attempted to move above the zone. Next week might see a drop or a correction, so prepare well with entries and stops.

#BTC WEEKLY TF UPDATE: #BTC has made a strong bullish close on the weekly timeframe. This week, price also rejected top resistance, potentially forming a reversal pin bar candlestick. Looking at the market's bullishness, we can see strong moves occurring in various directions.

Measured in coins rather than dollars, so the price decline does not flatter it, spot volume has fallen to its lowest since 2019. Stripping out Binance, whose zero-fee promotion inflated tracked volume through 2022 and 2023, gives a similar picture, though on that cut it sits above the depths of the…

#TOTAL UPDATE: #TOTAL is still facing resistance from the marked area and gave a shallow break and close below. It is more like rejecting it, so next week might be a correction week, with an expected short-term down-move.

#BITCOIN DAILY TF UPDATE: #BITCOIN is rejecting near its resistance area and turning slightly bearish. Next week may bring a downtrend or correction, so go with the flow.

#SNX made a very short-term downward move of only 6% before eventually reversing straight toward the drawn resistance area. This is a miss of a key level and might be hit very soon; anticipated moves are marked on the chart.

#BTC is still going nowhere and remains inside the channel, having just reacted near the support line. The market can still move higher until resistance, but the price has slowed down a little, which might be concerning.

Options buyers spent the rally paying for upside; since price rolled over a week ago, the budget has swung back toward puts, though one outsized put trade dominates the very end of that swing. The shift is on the call side, where spending on upside has fallen sharply against last year's pace. This d…

#ATOM goes perfectly, and the drawn zone worked perfectly. Now, we are back on track with back-to-back executions and all. The market now looks bullish, so if you opened short positions, break even, and take longs after the flip.

#BTC is again following the uptrend move, and is now forming a channel. It now looks like price is ready for another leg up for a new Higher High.