🍳 Gem Radar 07/01 - UNI, BIT, MATIC, CVX, OGN & FTT

🍳 Gem Radar 07/01 - UNI, BIT, MATIC, CVX, OGN & FTT

By Candlestick | Candlestick | 1 Jul 2022


takeaway

 

Top Gainers 1D

Screen-Shot-2022-07-01-at-6.24.29-PM-1136x675.png

LUNCH +74.29%

RLC +62.44%

RADAR +60.08%

M87 +43.16% 

PLA +31.80% 

👉 Top Gainers in 1H

 

Top Net Buy Value 1D

Top-Net-Buy-Value-703x675.png

6/7 are stablecoins. A signal of a bearish & silent crypto market.

The only token with a large Net Buy Value is WBTC, $9.72M. But it decreases 64% compared to the day before.

Turn on the “Smart Money” mode to check the top Smart Money Net Buy Tokens. Most of them did have a sharp rally today. 

eg, UNI +7.8% in 2 hours after smart money large buy order happens. BIT, MATIC, etc.

👉 Top Smart Money Net Buy in 1H

 

 

Top CEX Net Inflow 1D

Top-CEX-Net-Inflow-700x675.png

CEX Inflow is a very strong bearish signal for short-term trading which usually occurs ahead of the actual price drop. It can alert traders of the risk of the token dumps. 

Normally, when there is a large number of tokens deposited to CEX, the token price will plunge in one or a few hours.

Let’s check the non-stablecoins CVXOGN & LINK in the list for an example.👉 Top CEX Net Outflow

 

CVX

CVX-Net-CEX-Outflow-1070x675.png

 

OGN

OGN - Net CEX Outflow

 

👉 LINK CEX Flows

 

Top Tokens Accumulated

Top-Tokens-Accumulated-699x675.png

FTT

Accumulated $396M, +170%

MATIC

Accumulated $11M, +380%

IMX

Accumulated $2.7M, +152%

👉 Top Tokens Accumulated by Smart Money

 

Tips

FTT – Both CEX Net Outflow (+6612%) & Net Buy Value +223% increased largely on Jun 30. Wintermute withdrew $60K FTT from FTX.

MATIC – Net Buy Value is slightly negative but CEX Net Outflow +400%. Many traders are withdrawing MATIC from CEX to their address, for holding, staking, or farming

 

👉 What do CEX FLows matter in crypto trading?

 

A Full-Time Trader?

Go to the “Explore” page, and scroll down to Live Trading: Large Orders in 24h. This is a must-track data for full-time trading.

See the large buy orders of WETH in the past 4 mins?

You can find many opportunities here!

Live Trading - Large Orders

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Candlestick
Candlestick

Crypto Trading Signals & Analytics for Alpha Traders 20+ Exclusive Actionable Signals, 60+ Charts & Metrics, 20+ Smart Money Charting, 99% of Trades & Liquidity Activities.


Candlestick
Candlestick

Crypto Trading Signals & Predictions for Alpha Traders 20+ Exclusive Actionable Signals, 60+ Charts & Metrics, 40+ Smart Money Charts, 99% of Trades & Liquidity Activities.

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