Bitcoin ranges 2 weeks
#Bitcoin's Ranges 📚
— Daan Crypto Trades (@DaanCrypto) February 6, 2023
As we have been ranging within a 10% range for over 2 weeks now, many wonder, when will we see the next leg outside of this range?
Below are some of BTC's longest and tightest ranges over the past year. 👇 pic.twitter.com/lCrQdlOKzG
December – January 2022/2023
— Daan Crypto Trades (@DaanCrypto) February 6, 2023
Starting with the most brutal and least volatile one.
This took 23 days and only moved within a 4.2% price range.
Often, the more compression, the bigger the move will be following the breakout of the range. This was the fact in this case as well. pic.twitter.com/DuDeY3iBgA
September – October 2022
— Daan Crypto Trades (@DaanCrypto) February 6, 2023
A ~13% range that took 43 days. pic.twitter.com/HnifJmWVoQ
May – June 2022
— Daan Crypto Trades (@DaanCrypto) February 6, 2023
Disregarding the few deviations this was a ~11% price range that took 30 days. pic.twitter.com/yk6bvDZ5Ij
January 2022
— Daan Crypto Trades (@DaanCrypto) February 6, 2023
Not a huge one but still quite small in terms of price movement with a ~9% range that took 15 days to dissolve. pic.twitter.com/BhLoYyWKpx
Of course there were much bigger and longer ranges if you widen your price range.
— Daan Crypto Trades (@DaanCrypto) February 6, 2023
I simply looked for the small ones sitting at around 10% top to bottom which is what we are currently seeing as well.
As you can see, these small ranges can take up to 1.5 months to choose a direction sometimes. Meanwhile there are often a lot of false breaks and stop hunts to collect liquidity.
— Daan Crypto Trades (@DaanCrypto) February 6, 2023
If you are unsure, wait for a break of the range and then follow the trend afterwards.
If you like scalping/range trading then these conditions are great for you and you simply buy the lows and sell the highs of the range. Relatively small moves but a clear plan with clear invalidations.
— Daan Crypto Trades (@DaanCrypto) February 6, 2023
Good luck traders ✌️
10 DeFi data/analytics resources
Finding the next 100x investment in Defi requires gaining an edge. You need the right research tools.🤓
— Emperor Osmo🧪 (@Flowslikeosmo) February 6, 2023
Take your research to the next level with these 10 data/analytics resources.
10 Tools, all 100% FREE!🧵👇 pic.twitter.com/zAM8zrZQvD
1/ Token Terminal ( @tokenterminal)
— Emperor Osmo🧪 (@Flowslikeosmo) February 6, 2023
The amount of FREE data token terminal offers you is insane.
You can compare between different protocols and access data you cant find elsewhere. pic.twitter.com/JR2uBuB5v6
2/ Artemis ( @Artemis__xyz)
— Emperor Osmo🧪 (@Flowslikeosmo) February 6, 2023
Artemis provides in depth analytics dashboards for various L1s L2s.
☑ Daily transactions
☑ Daily usage
☑ Fees
☑ TVL
☑ Smart Contract Data
☑ Developer Activty pic.twitter.com/QqtuYMSrrk
3/ Dune Analytics ( @DuneAnalytics)
— Emperor Osmo🧪 (@Flowslikeosmo) February 6, 2023
Find the best user created dashboards, completely free!
Dune has some of the best data at your fingertips, simply search what you're looking for and a data wizard
(@defi_mochi ) will have a dashboard for you! pic.twitter.com/M6CwWON4oD
4/ Crypto fees ( @CryptoFeesInfo)
— Emperor Osmo🧪 (@Flowslikeosmo) February 6, 2023
Crypto Fees offers a myriad of services for you to seek out some of the most undervalued and profitable DeFi protocols. pic.twitter.com/pMLzCLYfBK
5/ Token Unlocks ( @Token_Unlocks)
— Emperor Osmo🧪 (@Flowslikeosmo) February 6, 2023
Knowing when tokens are going to unlock is so underrated. It's like having the ability to predict inflation.
For example 👇
4,543,478.03 $APT or 0.454 % of the supply is going to be unlocked in the next 5 days. pic.twitter.com/QvKEFa0U01
6/ L2BEAT (@l2beat)
— Emperor Osmo🧪 (@Flowslikeosmo) February 6, 2023
If you want to keep up with Ethereum, Arbitrum and Optimism's growth, this is the place to be.
The page displays TVL, has a risk analysis page and has a bridge page which helps you follow where money is going. pic.twitter.com/F90LxmLCu1
7/ Defi Llama ( @DefiLlama)
— Emperor Osmo🧪 (@Flowslikeosmo) February 6, 2023
Defi Llama is basically an encyclopedia, it literally has everything you need to conduct a search of almost any protocol.
You can easily track and compare different protocols by stablecoin growth, volume, fees generated, and TVL. pic.twitter.com/ZUCFgSv6fu
8/ Santiment (@santimentfeed)
— Emperor Osmo🧪 (@Flowslikeosmo) February 6, 2023
Santiment is an invaluable resource for research. I use it weekly as a go-to source of data. pic.twitter.com/7AAhAHnuLI
9/ Whale Watchers (@0xWatchers)
— Emperor Osmo🧪 (@Flowslikeosmo) February 6, 2023
Whale Watchers let you track the activity of whales and VC's in your ecosystem.
You can see how centralized a chain is, follow a whale's on chain activity and see where the money is going. pic.twitter.com/YllDHeK4G6
10/ Bubblemaps ( @bubblemaps )
— Emperor Osmo🧪 (@Flowslikeosmo) February 6, 2023
Data Visualization is key for understanding and making decisions based on data.
Bubblemaps allows you to track key on chain data. pic.twitter.com/gFs4f9rybx
