Dogecoin DOGE heavy coin inflow into exchangesNext week we have the FOMC meeting.
Most likely the Federal Reserve will raise rates by 75 basis points. In case of 100 basis points increase, i expect a sell-off in the markets.
Major cryptocurrencies have seen heavy coin inflow into exchanges recently.
I expect a strong sell pressure next week.
DOGE/USDT short
Entry Range: $0.059 - 0.063
Take Profit 1: $0.049
Take Profit 2: $0.041
Take Profit 3: $0.035
Stop Loss: $0.075
Buy-sell
Cardano ADA heavy coin inflow into exchangesNext week we have the FOMC meeting.
Most likely the Federal Reserve will raise rates by 75 basis points. In case of 100 basis points increase, i expect a sell-off in the markets.
Major cryptocurrencies have seen heavy coin inflow into exchanges recently.
I expect a strong sell pressure next week.
ADA/USDT short
Entry Range: $0.45 - 0.49
Take Profit 1: $0.41
Take Profit 2: $0.35
Take Profit 3: $0.30
Stop Loss: $0.52
EURUSD short term consolidation trade ideasPrice on EURUSD has been very quiet over the last couple days.. we are sitting around an obvious support and resistance just traveling sideways, as you can see I've have two areas ill be looking at trades from. Ill look for intra-day shorts off the resistance and buys off the support (highlighted buy zone).
BTCUSDT NEXT DIRECTION, CRASH OR PUMP?1D BTCUSDT,
Bigger picture: Bitcoin has formed a descending triangle, inside of it we could also notice that we have got an inverse head and shoulders pattern. On the small timeframe we could notice that on the last 8 days we have formed an Eliott wave corrective pattern, expecting our (A) corrective phase to end here at the demand zone of (Point of control) for this whole period since we tested the bottom. Which will take the price back up to the (B) Phase where we should be testing the CC Level (0.618 Fib) of the drop, testing that level cannot be promised tho, the pullback could be weak. But what I know is that our (C) Phase is going to end up around 19500.
Let the market generate more information for us before we take any actions, stay safe brothers! We will keep you updated.
GBPJPY NEXT MOVES!So I believe we will see two options either price is just retracing for a long term push up or we are going to see a possible reversal right shoulder for short trades. 166.100 is the area ill be waiting for shorts from otherwise I may look at possible longs if price can reject 165 once more!
BRISE: BREAKOUT TIMEBRISE has a high chance to enter a new breakout frame.
This depends on the day trading.
The coin has the same supply as the safe moon had before, safe moon did 10x but was not a legit project.
After that, it did end in the breakdown.
Know that trading coins like this can be risky.
This is not trading advice.
RLinda ! GOLD-> Rollback to retest the liquidity zone CPI rose 0.1% in August and 8.3% from a year earlier. Gold futures were down 1.5%, hitting their lowest level in a week.
Gold tends to react negatively to interest rate hikes, and this trend looks like it will continue when the Fed meets again in a week.
On the global chart, we see an attempted test of the 1677 liquidity zone, the price fails to reach the important zone by a few dozen pips and forms a pullback. As a result of the news, the price might reach the support - regest to the important zone, but we can assume that the price might reach the 1677 zone soon.
I assume that in the long term gold can test the liquidity zone 1677 and make a false break, after capturing the liquidity to form a strong upward impulse.
Regards R. Linda!
Where is Gold going this week?I worry about the Daily's ability to continue bullish. Here's why.
Starting at the purple vertical line, Gold created a Rising Two Methods (Usually called a Rising Three Methods, but since it is the same formation, minus one candle, I called it this.) This is a Bullish signal often times.
Looking at these two candles, a Dark Cloud Cover was created. These can be signs of reversal.
Now, looking at the last candle.
The wick pushes to new highs of the whole week. But, price closed lower than the previous days open.
Will price move down? Or will price push above previous weeks' wicks and climb up?
BTC LONG CHART BTC is into accumulation trend and with a good chance to have a back increase to 20K zone.
Since LUNC did increase BTC did also break down more - what connects that also a BTC volume is going to LUNC.
There can come a moment where we will see the transfer back from LUNC ( breakdown) TO BTC.
Where BTC can show some volume back within the long time frame.
The short idea of LUNC
EURUSDPrevious day high/asian range high broken currently retracing FVG. there is a chance the market may come down to take the liquidity below before going up as the asian range high was taken before taking the asian range low.
For bullish setup wait for the candle to give proper confirmation of rejection on the FVG and only enter if the candle closes above the FVG.
for bearish setup wait for the FVG to be broken take the swing low.
GLGT
Synthetix SNX Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Synthetix SNX has a negative overall sentiment recently.
I have the following price targets:
SNX/USDT short
Entry Range: $2.90 - 3.10
Take Profit 1: $2.70
Take Profit 2: $2.26
Take Profit 3: $1.84
Stop Loss: $3.61
yearn finance YFI Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
yearn finance YFI has a negative overall sentiment recently.
I have the following price targets:
YFI/USDT short
Entry Range: $9400 - 9550
Take Profit 1: $8400
Take Profit 2: $8750
Take Profit 3: $4600
Stop Loss: $11440
IOST Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
IOST has a negative overall sentiment recently.
I have the following price targets:
IOST/USDT
Entry Range: $0.012 - 0.014
Price Target 1: $0.011
Price Target 2: $0.009
Price Target 3: $0.008
Stop Loss: $0.016
Decred DCR Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Decred DCR has a negative overall sentiment recently.
I have the following price targets:
DCR/USDT short
Entry Range: $29 - 31
Price Target 1: $24
Price Target 2: $19
Price Target 3: $18
Stop Loss: $35
Golem GLM Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Golem GLM has a negative overall sentiment recently.
I have the following price targets:
GLM/USDT short
Entry Range: $0.21 - 0.26
Price Target 1: $0.19
Price Target 2: $0.166
Price Target 3: $0.149
Stop Loss: $0.285
Ardor ARDR Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Ardor ARDR has a negative overall sentiment recently.
I have the following price targets:
ARDR/USDT short
Entry Range: $0.095 - 0.110
Take Profit 1: $0.090
Take Profit 2: $0.0805
Take Profit 3: $0.072
Stop Loss: $0.119
Enjin Coin ENJ bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Enjin Coin ENJ has a negative overall sentiment recently.
I have the following price targets:
ENJ/USDT short
Entry Range: $0.49 - 0.56
Take Profit 1: $0.45
Take Profit 2: $0.38
Take Profit 3: $0.29
Stop Loss: $0.63
Request REQ bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Request REQ has a negative overall sentiment recently.
I have the following price targets:
REQ/USDT short
Entry Range: $0.09 - 0.11
Price Target 1: $0.075
Price Target 2: $0.068
Price Target 3: $0.59
Stop Loss: $0.0.129