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shitcoins pumped hard but ETH could not move.
It is a bear sign.
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many coins did quick pump & dump today
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Today is a weak day for bulls.
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Gaining 5% in current context is good
Gaining 10% is incredible
Market is in slow motion mode until December
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Say something about that level
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#BTC & #SP500 reaction after the news
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FED KEEPS RATE UNCHANGED AS EXPECTED
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Today is the 5th that BTC is trading above EMA200 daily in 2023.
2023 history
- The First: up 15%
- The 2nd: up 40%
- The 3rd: up 24%
- The 4th: failed
- The 5th: ???
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are you ready for new legendary levels ?
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Current price action reminds me March 2022.
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#ETH
Brokendown of main trend at lately August.
It's been 30 days at retest consolidation zone.
Many shitcoins pumped hard in retest zone #ETH (Blue zone)
I think the next main downside movement of top major alts will come soon.
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The main part of September is coming ??
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Trade closed #BCH
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#WLD trade closed
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BTC with Algo levels
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FED'S POWELL: ECONOMIC ACTIVITY HAS BEEN STRONGER THAN ALL EXPECTED.
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BTC reaction after the news
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FOMC in 4 Minutes
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#BCH is similar to BTC but It looks stronger.
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There are 2 types of chart from Rose:
- charts with 1 line
- charts with 2 lines
What about your chart?
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2 lines rule the chart
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The simple strategy is that:
- You did only 5 trades in this year.
- Whenever price break EMA200, go long with stop loss at the low of previous daily.
- Close trade when great bear mama list starts pumping.
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Resistances: 36162,34618,31705,29302,28512,
Range: 27368-26767
Supports: 26447,25318,24113,22560,20931
Exp: 24th September
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Invalidated at 26.6
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BTC should hold EMA25 4hourly.
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