Retail traders become 'sitting ducks' as sell-off triggers $1.4B liquidation

Retail traders become 'sitting ducks' as sell-off triggers $1.4B liquidation

Retail traders have been using high leverage throughout the current bull market, but that's not the real reason for today's marketwide sell-off. After flirting with a $2 trillion market capitalization for the last couple of days, the cryptocurrency market took a 7% hit on April 7, dropping the total crypto market cap to $1.8 trillion. As the unexpected sell-off took place, investors scrambled to find a reason to explain the move.Analysts typically identify the use of excessive leverage as the prime suspect, as this usually occurs as the market reaches an all-time high and traders get....


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A “TD9” Sell Indicator Triggers For XRP After 6 Weeks of Stagnance

XRP continues to lag behind the rest of the market after a short-lived glimmer of hope brought prices to current levels in late July. And while crypto analysts expect the fourth-ranked cryptocurrency to outperform Bitcoin and Ethereum eventually, a sell setup has triggered on daily timeframes that could send Ripple ripping lower. TD 9 Sell […]

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In just 48 hours, Ethereum rocketed over 50% from $770 to roughly $1140 at last night’s overnight high. The massive Sunday candle was the lead up to a sell signal forming on daily timeframes. Was this latest push higher the last impulse in Ethereum’s bull trend? Or like Bitcoin, will this sell signal fail, and […]