Onchain: BTC anf ETH inflow & stablecoins outflow

Bitcoin / TetherUS BINANCE:BTCUSDT

MJShahsavar

Simultaneously with the inflow of Bitcoin and Ethereum into the exchanges, we are witnessing an increase in the outflow of stablecoins. (to see onchain analysis, check my youtube channel)
In the technical chart, this is accompanied by the forming and breakdown of a descending flag/ pennant pattern.
Both of these analyzes could indicate a possible decline in the price of bitcoin in the coming days

You might be interested in …

Trading View May 2, 2022

Bitcoin: Liquidity and Order blocks!

Bitcoin: Liquidity and Order blocks! Bitcoin Perpetual Futures FTX:BTCPERP chartmaster1991 This is an educational post! I have tried to combine the concept of liquidity with that of supply and demand to show you one of […]

Trading View May 16, 2022

DOGE on support, no energy.

DOGE on support, no energy. Dogecoin / TetherUS BINANCE:DOGEUSDT cryptodailyuk Hello everyone, let’s take a look at the DOGE to USDT chart on a 1 day time frame. As you can see, the price is […]

Trading View May 2, 2022

DOT USDT Futures Signal

DOT USDT Futures Signal DOT / TetherUS PERPETUAL FUTURES BINANCE:DOTUSDTPERP Darshana_Alwis Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you […]