CHZ dipped to 0.157$
If your average entries got filled, the avg entry should be ~ 0.162$.
Move stops to recent lows below 0.157$
Targets are still same.
Disclaimer : This is narrative based play and can go both ways so those who don’t want to take risk can exit at breakeven or at small profit.
ETH Update:-
1. Eth is still trading near 1250$ are which is an important area as mentioned before
2. Now it still hasn't reclaimed it as support and looks like a deviation being formed here
3. Same with RSI is below 50 level which is bearish as of now.
4. For strength breakout and confirm as support of price with RSI above 50 is necessary
5. Rest ETH is still not too bad as BTC. Whichever direction BTC moves ETH will follow hard so trade according to this.
CHZ was very much hyped up with fifa Worldcup going on.
Fifa WC is now entering the knockout stage and CHZ hype is picking up again.
Long #CHZ below 0.17$
DCA till 0.16$
Sl : 0.155$
TP : 0.183$ - 0.2$ - 0.22$
Disclaimer: Risk under your control
Ankr will purchase 5m worth of BNB and use this to compensate in totality the liquidity providers.
Читать полностью…Today is Friday so, US Non-Farm Payroll (NFP) and Unemployment data will be coming out at around 7:00 PM IST.
NFP is basically a economic indicator which measures jobs added in the previous month.
Expected is around 200k.
A high reading is generally perceived as negative because it indicates strong economy and hence DXY pumps and stock markets fall down while low is positive for stocks and hence crypto.
⚠️Stay Alert expect some volatility at that time and use proper StopLosses on your trades.
In interview with The NewYorkTimes SBF said :
FTX US is ‘fully solvent’ and ‘withdrawals could be opened up today’
#OP breaking out long term horizontal downtrend resistance.
Long #OP below 0.975$
Tp :1.08 - 1.2$
Sl : 0.94$
Disclaimer: Breakout trade can go both ways, can quickly skyrocket or dip again if invalidated..so take risk as per your appetite.
Tonight at 12:00AM FED Chairman Powell will speak.
Any unexpected statements can cause volatility at that time.
Stay Alert⚠️
#Coinbase
Coinbase announces its wallet will stop supporting BCH, ETC, XLM and XRP, citing 'low usage'
• Cointelegraph
Reuters: Goldman Sachs (GS.N) plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit valuations. Goldman Sachs' 2021 profit is $21.6 billion.
This can be big if it happens.
We got some move at the start of new week. Funding rate is quite supportive here for the longs as compared to shorts.
This week there aren't many economic events which may effect prices so it's gonna be a clean week. Trade Safe and with proper StopLosses.
BTC LTF Analysis:-
1. Price is trading here near 17.1k resistance from last 4 days trying to get above.
2. Now this has become a small range here on Lower Time Frame
3. In whichever direction it will break price will move fast from this range.
4. If it breaks down below from the box we may reach demand zone below 16k again.
5. If it breaks above we will see some upward movements towards 17.5k and 18.3k
Hopefully we will see some movement near Sunday closing and on Monday as weekend price action has been pretty slow and boring.
BTC Update:-
1. Price bounced even before reaching range lows from 16k.
2. Now price hit range highs and is trading here.
3. Price is struggling to get above 17.1k and is getting rejected here again and again.
4. If it reclaims above here and june lows 17.5k next target would be near 19k.
5. Now recent Powell speech indicated slow down in rates might be happening. if it happens we will definitely see some good movement in price.
CZ Targeting these 2 Major Crypto Exchanges ?
https://youtu.be/51j_87K4cUU
https://youtu.be/51j_87K4cUU
CZ Targeting Major Crypto Exchanges ? | STAY SAFE
https://youtu.be/51j_87K4cUU
https://youtu.be/51j_87K4cUU
Move OP stops to 0.957$
Powell is speaking tonight and market has already started to move down.
Should not take more then 1% risk on this trade.
Bitcoin officially recognised as a means of payment in Brazil after bill was approved by House of Deputies.
The President’s signature will make it official law.
According to Glassnode, recently, the hashrate of the entire Bitcoin network has dropped from a maximum of 272 EH/s to 238 ETH/s, a drop of about 13%. It may be affected by the inability of some miners to operate and downtime.
Читать полностью…