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  • Market Monitor 8 September 2023

Market Monitor 8 September 2023

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Welcome everyone to today's Market Monitor for 8 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 1.04T USD, the daily volume is at 26.7B USD, BTC Dominance is at 48.2% and the Fear and Greed Index is at 46. Today we see our portfolio in a long mode but again we are lacking volume so unless something exciting happens we will continue to see consolidation in the Market. But as i analyzed this week we are printing a higher low on the monthly chart. This means that eventually we will be moving to higher price levels. Last Completed Trades: Short: - Long: ATOM +1.82% Recent Set Ups Long Set-Ups: BTC, ETH, XRP, MATIC, DOGE, VET, FTM Neutral: ATOM, SOL Short Set-Ups: BNB BTC/USDT 4H BTC is in a long mode with a +2.5% profit so far. ETH/USDT 5H ETH is in a long mode with a +1,13% profit so far. BNB/USDT 4H BNB is in a short mode and will still wait for a long position to open. XRP/USDT 4H XRP is in a long position, but we need volume to move on higher. ATOM/USDT 4H ATOM is in neutral mode and a +1.82% trade was just completed. MATIC/USDT 4H MATIC is now in a long position and we wait to see if volume will kick in. DOGE/USDT 4H DOGE is in a long mode, but the lack of volume does not support the move. Elon Musk must tweet something. FTM/USDT 5H FTM is now in a long position with 2.4% profit. VET/USDT 4H VET is in a long position, but the consolidation is just keeping the price steady. SOL/USDT 4H SOL is now in a neutral position waiting for the next long trade. This concludes our Market Monitor Report for 8 September 2023. Discover more about the TFLOW Trading Engine here. Find TFLOW on CoinMarketCap here. Disclaimer Firstly, on this page you’ll find some important points you should be aware of while using the information received from our activities. Secondly, it should be read in addition to our Terms & Conditions. Your investments are your responsibility Finally, we do not accept any liability for any loss or damage which may incur to you acting or not acting because of reading/watching any of our publications/broadcasts. You acknowledge that you use the information we provide at your own risk. Information, not advice or recommendations Our publications/broadcasts do not offer investment advice and nothing in them should be construed as investment advice.  Our publications/broadcasts provide information and education for investors who can make their investment decisions without advice. The information in our publications/broadcasts is not, and should not be read as, an offer or recommendation to buy or sell or a solicitation of an offer or recommendation to buy or sell any securities.  Our pu
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