Daily Important Hits (May 21,2024)
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✅STOCKS ✅INDICES ✅FOREX
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🌍 US dollar dips vs yen after Fed's Waller rules out rate hikes again.
🌍 Japanese Yen, Risky Currencies and US Bonds Shrug Off Hawkish Fed Comments.
🌍 COMMENT-Sterling hovers near trend highs ahead of key UK CPI Wednesday.
🌍 FX options wrap - RBNZ and UK CPI premium, mega EUR, JPY risk.
🌍 US Dollar Falls Early Tuesday Ahead of Philadelphia Fed Nonmanufacturing, Redbook Data, Fed Speakers.
🌍 Dollar edges down, ether's 2-month high fuels crypto rally.
🌍 View of the Week: The Carry trade machine chugs along.
😱@Market
#BNB bull flag forming in 2H time frame. Looking to break the resistance.
Can we witness another up for #BNB soon?
🥳@Coach
🚨 JUST IN: 🇺🇲 US SEC Likely to Approve Spot Ethereum ETFs, Reports Barron’s.
@Crypto_News | link
#ALT MASSIVE BREAKOUT ALERT 🚨
https://youtube.com/shorts/U-j0iDYc0M8?si=e0sGsrWWCoGFxLMm
🥳 @Coach
🚨🚨 BREAKING NEWS 🚨🚨
Financial analysts J Seyff and Nate have updated their forecast for the approval of a spot #ETH ETF, raising the likelihood from 25% to 75%. This adjustment comes amid speculation that the SEC may reverse its previous stance due to increasing political pressures.
https://twitter.com/CryptoCoinCoach/status/1792637588911587338
@Coach 🥳
#CKB BUY SETUP
Stops : 0.0142$
Targets : Scalp 2-4% , 0.01758,0.01837,0.0194+
🥳 @Coach
💬 Trading Tip of The Day 👇
The Crypto Market Is A Place Lazy People Lose Money Quickly.
@Coach 🥳
Hi Fam,👋
Check out how a 1:2 Risk vs Reward strategy can help you:
🧠 What’s this?: Risk $1 to maybe make $2.
- Winning less than half the time (40% win rate): You can still end up gaining a bit (+2%) 📈
- Winning half the time (50% win rate): You’ll be doing even better (+5%)🟢
- Winning more than half the time (60% win rate): You’re on a good track (+8%) 🔼
You don't need to win most of the time. With this strategy, winning just some of the time can still mean profit.✔️💯
@Coach 🥳
💬 Trading Tip of The Day 👇
Great Traders Are Profitable Because They Have Become Masters At Managing Uncertainty. They Don’t Win Because They Can See The Future, They Win Because They Are Certain Of What They Will Do, In The Present Moment, When Faced With Uncertainty.
@Coach 🥳
$KAS forming a inverse H&S pattern in 1H time frame and has broken the neckline with a good volume.
Currently at the retesting level. Looking good for buyers.
DYOR
🥳@Coach
#C98 BUY SETUP
🔴 SL : 0.2344
🟢 TP : 0.3165$,0.33427%,0.3684$, 0.4070$ , 0.4545$+
🥳 @Coach
💬 Trading Tip of The Day 👇
Traders Should Get In The Habit Of Finding Ways To Capture Trends As The Price Zigzags And Then Continues In The Primary Market Direction.
Ability To Filter Out Noise And Capture A Trend Is A Trader’s Primary Responsibility During System Development.
@Coach 🥳
🚨🚨 Big Crypto Event This Week 🚨🚨
On May 23, the SEC will decide whether to approve or reject the Ethereum ETF 💰
On Polymarket, there's only an 11% chance that the ETF will be approved.
Coinbase believes that people are underestimating the chances of the Ethereum ETF getting approved.
Expect high volatility in the market around this decision.⚠️📉📈
@Coach 🥳
$PYTH forming a falling wedge in HTF. Touched the support many times and looking to break the resistance.
Possible to reach $0.53 - $0.57 area if the major breakout happens.
🥳@Coach