#usefulmaterial
"Harami" - consists of two contrasting in colour candles, with the body of the first candle overlapping the body of the second. It is also often said that this is a "pregnant" pattern. The first candle is the mother, the second candle is the foetus. The model is considered quite rare, so be sure to wait for its confirmation by subsequent candles.
The location of a small candle within the long body of a large candle can also affect the nature of the pattern.
The "harami" will be strong after an upward or downward trend, if the body of a small candle is located closer to the middle of the body of a long candle.
It is important for determining the nature of the pattern to consider the location of the small candle, together with the shadows, within the large body of the first candle. The smaller the body of the second candle and the shorter the shadows, the more significant the pattern becomes.
Usually, the harami pattern is conditionally reversal and indicates the end or slowdown of the trend, but if there is a strong confirmation, it can become a reversal signal.
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JUST IN: 💰 Judge has approved FTX bankruptcy plan to repay customers with $16B in recovered assets.
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Binance Futures, Bitget Futures, KuCoin Futures
#POPCAT/USDT Take-Profit target 1 ✅
Profit: 125.9951% 📈
Period: 1 Hours 2 Minutes ⏰
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PAIR ⚪️POPCAT /USDT
📊SHORT
Leverage (CROSS) 20-75X
✅Entry Targets:
💡 1.400
💡1.430
✅Take Profits:
1️⃣ 1.37
2️⃣ 1.34
🟢 1.28
❌STOP LOSS: 1.46
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Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#WIF/USDT Take-Profit target 1 ✅
Profit: 93.985% 📈
Period: 8 Hours 6 Minutes ⏰
PREMIUM CLUB - @JacobBurySupport
🥇 BTC with each cycle, short and long-term holders sell less and less BTC - CryptoQuant data
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#usefulmaterial
Rectangle
The "Rectangle" pattern continues the trend, regardless of its direction. This pattern is considered to be over only when the price has broken one of the lines, while maintaining the original price movement.
Trading a rectangle is not very complicated: you need to wait for the breakthrough of its side and enter the transaction on the retest of the mirror level.
Constituent elements of the "Rectangle" pattern:
1. Rectangle is a trend continuation figure, a previous trend is needed. Ideally, the previous trend should be long-term;
2. At least 4 touch points to support and resistance lines are necessary for the formation of the figure. At least 2 touch points should be on each of the horizontal lines of the rectangle. Naturally, these local minima and maxima may not be on a perfect-horizontal line, but they should be approximately in the same zone;
3. Volume does not play an important role in a rectangle, but nevertheless, volume information can provide additional important data to the analyst. If the volume increases sharply during the formation of a pattern, it is necessary to observe during which movement it increased: ascending or descending. If the volume grew during the movement identical to the previous trend, this fact only strengthens the probability of triggering the pattern;
4. The crossing of the support or resistance line by the price is the key point for the rectangle. Crossing in the direction of the trend is almost the final confirmation of the execution of the figure;
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JUST IN: 📊The market now shows a 0% chance of a 50 bps rate cut in November, last week it was 53%.
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🟢 Satoshi-Era Bitcoin Whale Who Mined Millions Just One Month After Its Launch Moves BTC To Kraken.
A Bitcoin (BTC) whale from the network’s earliest months is sending more of its holdings to crypto exchange Kraken after 15 years of dormancy.
BREAKING: 🇺🇸U.S. Jobs Surge in September: Unemployment Drops to 4.1% below expectations of 4.2%
In September, the US economy exceeded expectations by adding 254,000 jobs and reducing the unemployment rate to 4.1%.
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PAIR ⚪️SOL/USDT
📊SHORT
Leverage (CROSS) 50-100x
✅Entry Targets:
💡 143.5
💡144.4
✅Take Profits:
1️⃣ 142
2️⃣ 140
🟢 130
❌STOP LOSS: 148
JUST IN: New HBO documentary claims to have uncovered the true identity of Satoshi Nakamoto, the pseudonymous creator of Bitcoin.
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📊 Whales has acquired more than 50,000 BTC in the last 10 days, according to Santiment data.
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Binance Futures, Bitget Futures, KuCoin Futures, OKX Futures
#POPCAT/USDT Take-Profit target 2 ✅
Profit: 520.6786% 📈
Period: 2 Hours 50 Minutes ⏰
VIP @JACOBBURYSUPPORT😀
Capital outflow from crypto funds was recorded.
During the period from September 30 to October 4, an outflow of funds in the amount of $147 million was recorded.
At the regional level, the largest outflow in the U.S. market - $209 million, followed by Germany - $8.3 million, Hong Kong - $7.3 million and Sweden - $2.1 million. Canada, Brazil Switzerland and Australia saw an inflow of funds.
Last week, capital inflows into cryptocurrencies totaled $1.2 billion.
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🇺🇸Americans now owe a record $1.14 trillion on their credit cards, per the Fed
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JUST IN: 💰 Bitget exchange token BGB crashes over 50%, dropping to $0.56 before starting to recover.
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Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures
#SAGA/USDT Take-Profit target 3 ✅
Profit: 270.2213% 📈
Period: 6 Hours 56 Minutes ⏰
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JUST IN: 💰 Binance has rejected 86% of Israeli military requests to freeze crypto wallets linked to Palestinians and others due to a lack of sufficient evidence.
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📊 Key Events This Week ~
1. EIA Short-Term Energy Outlook - Tuesday
2. Fed Meeting Minutes - Wednesday
3. September CPI Inflation data - Thursday
4. Initial Jobless Claims data - Thursday
5. September PPI Inflation data - Friday
6. Total of 18 Fed speaker events this week
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🇺🇸JPMorgan, Chase CEO Jamie Dimon has praised Elon Musk's plan for a government efficiency commission, calling it a "very good idea," per FOX.
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⚡️⚡️⚡️⚡️⚡️⚡️ Coinbase to delist USDT in the European Union over non-compliance.
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Binance Futures, Bitget Futures
#SOL/USDT Take-Profit target 1 ✅
Profit: 130.8968% 📈
Period: 2 Hours 51 Minutes ⏰
VIP @JACOBBURYSUPPORT😀
Binance Futures, Bitget Futures, ByBit USDT
#SUPER/USDT Take-Profit target 1 ✅
Profit: 130.8411% 📈
Period: 7 Hours 9 Minutes ⏰
VIP @JACOBBURYSUPPORT😀
JUST IN: The IMF is advising El Salvador 🇸🇻to amend its Bitcoin laws, improve regulations and reduce government involvement in the cryptocurrency.
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PAIR 🪙SUPER/USDT
📊SHORT
Leverage (20- 50X)
✅Entry Targets:
💡1.06 (1%)
💡1.08 (1%)
✅Take Profits:
1️⃣1.03
2️⃣ 0.98
🎮0.90
❌STOP LOSS: 1.11