ETHUSDT Rebound from the local trend line by $2000hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
-Shows a bearish mood, the price has broken through the local support at $1640
-There are suggestions that the price may again test the local trend line of $1535
-While just watching, I think it will be safer to gain a position from the confirmation of the trend line. Do not forget that there may be a squeeze, in this case it is better to place stop below the trend one ($1465)
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Dodo
BNBUSDT Juicy Strait, there is an entry point to longrivet trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The guys are not too late to put a deal in short, well, there will be a good point in long soon.
I think now they will drain to about $270-265 after which I expect that the market will go into correction and a rocket called btc will fly to $25.000-26.000
Be careful, try to work with stop-loss
SANDUSDT Coin Reviewhello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
- There is a possibility that against the backdrop of Bitcoin correction, SAND will be able to test the ascending channel support zone again with a subsequent rebound.
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BTCUSDT Review next week| Crucial momenthello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
- A few more words before the start of the new week.
-Bitcoin at the moment reached $24.670, the bulls failed to break into the $25.000 zone, after which the asset fell by $23.600
-Locally, I think that it is still possible that we will see a decrease by $23.000-22.500, after which the asset will go through the $25.000-26.500 zone with renewed vigor
-The opening of the stock market also plays an important role, it is the SPX 500 that has recently set the direction for the crypto market.
-Be prepared for the market to be volatile.
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GMTUSDT |Evening review| march to local resistanceHello everyone, I wrote a new idea for you. Thank you😉
From this coin, I expect that after the price of the protest again predicts the trend line, we can expect a trial pattern of resistance, followed by price fixing with consolidation.
In the $1.16 zone, I will use it both for purchases.
XRPUSDT channel compression!hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
-Ripple is testing up the boundaries of the ascending channel and we immediately see a bearish reaction to lower TFs
-I think the asset will still test this level of resistance from the channel, now we are seeing a strong pressure to this level, I think a true breakdown will happen soon.
SOLUSDT Transparent Planhello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Look at the first channel I gave you this month and look at the second channel 43% and 25%
I think that this is not a bad result disappeared in 15 days. To be honest, I did not sell at $47, because I thought to the last that we would fly higher, well, after the correction, which pulled the asset down, I began to fix part of the position at $40 and continue to hold the rest.
The price again came to the initial resistance, which it already broke at the end of the first channel, activated the protest and now we are slowly going down, I remain in the position until the very end, $ 34
BNBUSDT Binance coin reviewHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
💡I want to update my #BNB forecast
📌Yesterday's forecast worked exactly by take profit and brought 15%
📌Now you can roll over to short, I think the entry at $280-285 will not be bad, I also identified 2 goals where you can fix your position.
📌Today I already went short with this coin, my entry is $266, my stop is still breathing, I think the market will start to turn around soon, twitter is making noise about it!
Explanation | the US Federal Reserve conference is of great impoAt the Jackson Hole conference, financial markets will keenly watch if US Fed chair Jerome Powell mentions the word taper in his speech and whether US Treasury Secretary Janet Yellen has anything to say on the interlinkages between fiscal and monetary policy
The financial media and markets will be buzzing for the next few weeks over the Jackson Hole conference. It is an important economics conference hosted by the Kansas City Fed, one of the 12 regional Federal Reserves created by the United States government. There is a history of important policy decisions unveiled at the Jackson Hole conference with implications for world markets. Here’s a lowdown.
What is the Jackson Hole?
In 1978, Kansas City Fed started organising an economics conference, and in 1982 moved the conference location to a valley named Jackson Hole (JH) in the Wyoming state. The annual conference has been held in the last days of August for quite some time now.
What is the history behind it?
Jackson Hole started as any other economics conference. The first four conferences were on agriculture, given the importance of the sector in this part of the US. In 1982, it organised the first conference on the monetary policy theme titled ‘Monetary Policy Issues in the 1980s’.
The 1982 conference was attended by then Federal Reserve Chair Paul Volcker, which set a precedent of sorts as most subsequent conferences were attended by the Fed chairpersons/senior officials. In 1982, the conference was attended by eminent macroeconomists and monetary policy scholars such as James Tobin (Nobel Prize in 1985), John Taylor (of Taylor Rule), William Poole (who became head of San Francisco Fed later), and so on.
In 1989, then Fed chair Alan Greenspan also made a speech at the conference. This added to its aura as now it was not just about the attendance of the US Fed chair but also about the remarks/speeches at the conference.
As linkages between monetary policy and financial markets deepened post-1990s, market participants started tracking the Fed chair’s remarks to figure the direction of the monetary policy.
Since 1982, the conference has been held 41 times including the 2021 edition. The theme has usually been around macroeconomics, monetary policy, long-term growth and policy, including the 2021 theme on ‘Macroeconomic Policy in an Uneven Economy’.
In 1990, the conference on ‘Monetary Policy Issues in the 1990's’ had representations from the erstwhile USSR, Czechoslovakia and Yugoslavia, and Bulgaria.
Gradually, the forum was attended by governors and central bankers from major advanced economies in Europe and Asia. This led to the financial markets in these respective economies tracking speeches and remarks from both global central bankers and representatives of their country’s central banks.
What makes Jackson Hole so special?
In many cases, it sets the agenda for monetary policy and shaped star economists.
The 1996 edition raised the importance of price stability. The 1999 edition highlighted the interaction of monetary policy with asset markets.
The 2005 edition was a swansong for Greenspan where his policies were praised only to be tarnished during the 2008 crisis.
The 2007 edition focused on housing and monetary policy where chair Ben Bernanke expressed confidence that the subprime housing markets are unlikely to lead to a crisis only to be proven wrong a year later.
The 2008 crisis led to increased attention on financial stability which was the theme in both the 2008 and 2009 editions.
In recent years as monetary policy has struggled to elevate inflation to the 2 percent target (for the US), there have been discussions on unconventional monetary policy (2013), designing resilient monetary policy frameworks (2016), monetary policy challenges in the next decade (both 2010 and 2020).
In 2020, Fed chair Jerome Powell released a new monetary policy framework named Average Inflation targeting which has become a major discussion point amidst the central banking research community.
The conference even catapulted the careers of economists. The name that comes to mind is that of Raghuram Rajan who had questioned the financial market developments in the Greenspan swansong edition in 2005. Rajan was dubbed a ‘luddite’ then but had the last laugh as the 2008 financial crisis engulfed the world economy.
What should we expect from the 2021 edition?
The theme of the 2021 conference is ‘Macroeconomic Policy in an Uneven Economy’. The global economy has been highly uneven due to the pandemic shock with rising inflation amidst stagnant growth prospects.
Conference watchers will keenly follow this edition as it is expected to be attended by US Treasury Secretary Janet Yellen, and Powell. This is rare as usually, the treasury secretaries do not attend the conference. Yellen is no stranger to Jackson Hole as she was the chairperson before Powell, and has been a chief speaker at the conference. If both attend and speak, it will be interesting as both the guardians of fiscal policy (Treasury) and monetary policy (Federal Reserve) will get together to provide solutions to the uneven economy.
They have to answer some big questions facing the US economy which will also impact the world economy. The foremost question is whether the fiscal and monetary stimulus will continue to remain in the US economy, and for how long.
The financial markets in emerging markets will see if Powell mentions the word taper in his speech and whether Yellen has anything to say on the interlinkages between fiscal and monetary policy.
BTCUSDT🚀 What happened yesterday?! My plan for the next tradeHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
💡I hope you made money on this news yesterday, I think it was expected.
🚀 Yesterday I closed my position ahead of time and the rocket flew away without me ((
💡My position today is short, the price is gradually starting to go into a correction, I think the news will be bought off over time, until I see a short-term target in the region of $21.900
RESULTS OF THE FOMC MEETING AND WHAT HAPPENS NEXT WITH THE MARKEPrepared the FOMC press release:
📌 Recent spending and production figures softened.
Job growth has been robust in recent months and unemployment has remained low.
📌Inflation remains elevated, reflecting supply and demand imbalances
📌War and related events create additional upward pressure on inflation
📌 The Committee is very attentive to inflation risks.
📌The committee aims to achieve maximum employment and inflation of 2 percent in the long term.
📌A further increase in the target rate range would be appropriate.
📌The Committee will continue to reduce the Fed's balance sheet
📌 The Committee is committed to returning inflation to its target level of 2 percent.
📌Change in monetary policy depends on economic data!
📌If there are any economic risks, the committee will change its policy.
The Fed will take everything into account to adjust the monetary policy, namely: public health indicators, labor market conditions, inflationary pressures and inflation expectations, as well as financial and international events.
📌No one voted to raise the rate by 100 bp.
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ETHUSDT Gaining momentum before an important level!hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Ethereum is flying into space, I think there is still strength to continue growing!
The accumulation that took place within 9 days can be broken, well, I think if we consider such an outcome, then most likely we will return back to the accumulation zone with a slight rollback down.
#BTC #ADA #SOL #DOGE Globally across the market, important inforBitcoin price is facing resistance near USD 21,500.
Ethereum is still below USD 1,500, XRP is facing hurdles near USD 0.35.
MATIC is the best performer among the top 20 coins.
Bitcoin price started an upside correction above the USD 21,000 level and is currently (11:51 UTC) trading near USD 21,300 and is up 1% in a day and down 9% in a week.
Similarly, most major altcoins are facing key hurdles. ETH recovered above USD 1,450 but faces resistance near USD 1,500. XRP is trading well below the USD 0.35 resistance. ADA is rising from USD 0.45.
Total market capitalization
Source: tradingview.com
Bitcoin price
After tagging the USD 20,750 zone, bitcoin price recovered losses and is now approaching the USD 21,500 resistance zone. A clear move above the USD 21,500 level might initiate a stronger upward move. The next major resistance could be USD 22,000, above which the price could rise towards USD 23,000.
On the downside, an initial support is near the USD 21,000 level. The next major support is near the USD 20,750 zone, below which the price could test USD 20,500.
Ethereum price
Ethereum price also started a recovery wave above the USD 1,400 level. ETH was able to clear the USD 1,440 and USD 1,450 levels. On the upside, the price is now facing resistance near USD 1,480. ETH is up almost 4% in a day and down 5% in a week. The next key resistance is near the USD 1,500 level, above which the price could accelerate higher.
If there is a fresh decline, the price might revisit the USD 1,400 support. The next major support is near USD 1,350, below which the price might decline sharply.
ADA, SOL, DOGE, and XRP price
Cardano (ADA) remained well bid above the USD 0.45 support level and is now recovering above the USD 0.46 level. To start a stronger recovery wave, the price must clear the USD 0.48 resistance.
Solana (SOL) is moving higher towards the USD 37.50 resistance level. The key resistance is near USD 38. A clear move above the USD 38 level might send the price towards the USD 40 level.
DOGE is stable above the USD 0.0620 support. On the upside, the price is facing resistance near USD 0.0635. The key barrier is now forming near the USD 0.0650 level.
XRP price is moving higher and trading above the USD 0.335 level. If the bulls remain in action, the price could revisit USD 0.35. The next major resistance is near the USD 0.388 level.
Other altcoins market today
A few altcoins are moving higher, including MATIC, TRX, AVAX, SHIB, ETC, XMR, ATOM, ICP, QNT, and NEO. MATIC jumped almost 7%, surpassed USD 0.80, and trimmed its weekly losses to less than 13%. Meanwhile, QNT rallied over 14% and climbed above the USD 93 level.
To sum up, bitcoin price is attempting a recovery wave above USD 21,200. However, BTC must clear USD 21,500 and USD 22,000 to continue higher in the near term.
ADAUSDT Nightly Coin Review, Money Don't Sleep Guys🤑Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
▫️Cardano last forecast worked out very well, now you can try to roll over to long
▫️Highlighted a zone of interest for myself with a marker, while nothing is clear on Bitcoin, in case the market swings $ 20500-20200, I placed an order below the local support zone
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BNBUSDT 🚀 Will the channel bounce or not?Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
▫️On the chart we see an ascending channel, at the moment we are in the zone of the lower border, I think we can see a rebound soon.
▫️I placed an order not much below the channel, I think they will be able to swing it after pulling it back into the channel.
▫️The RSI indicator also hints at what to buy
Not financial advice, just sharing my thoughts guys. Then think for yourself and do not forget about your risk management😉
FTMUSDT Coin Reviewhello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
After the last forecast, nothing has changed, the asset continues to remain in the accumulation zone.
I think the asset will continue to stay in this zone for about 1-2 weeks, after which we will see a run-out.
📈DODO (DODO) Jul-26 #DODO $DODODODO has just fallen out of the Ichimoku cloud and this will be a pretty bad sign for DODO.
In the next few days DODO may fall to $0.12-0.13 and if it holds, DODO will back to its uptrend with a Broadening Rising Wedge, a typical bullish pattern.
However, if DODO loses $0.12-0.13 zone, the situation will be very bad and DODO may fall sharply to $0.07-0.08 zone, this is a very good accumulation area for long-term target.
ETHUSDT Night view| Error ParsingHello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Let's take another ETH trade
Yesterday's deal was taken out by stop loss, but they still couldn't break through the flat, there was one false takeaway, and on this the deal went into a small minus by stop-loss
We all know the classic trading from levels, and so our deal today will be slightly below the support level, I placed an order for $ 1410, I think it will hook)
BTCPERP What will happen next from 0.236 Fibonacci?Hello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
I will update a little idea on futures
Almost the same chart with USDT, but the situation is different))
At the moment, we have consolidated above the resistance level and now we can say that the asset is looking in the bullish direction, but if we break through the 0.236 Fibonacci level, we can go for a correction below about $20.800
XRPUSDT Coin Reviewhello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Let's analyze hourly XRP today
The asset is moving in a downtrend, this can be seen on the channel, after the 6% strait, the price went to correction
I expect a rebound from the $0.3443 zone to the upper border of the channel.
Need to stock up on alts, bitcoin will soon show To the Moon
BTCUSDT Review for the new week| Channel within a channelhello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Yesterday I wrote an idea on tradingview (here) that the price can test the implementation of $21.700-21.550 What we see today, the active has come to observe what descends the most on a channel within a channel.
My expectations at the beginning of the week, that we can expect the removal to raise the channel border of $23.200 The end of the week will again be short.
FTM Coin Review! Double deal!Hello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Fantom goes to meet the local resistance!
I expect further removal to the top of the channel.
After you can consider Short!
Not financial advice, just sharing my thoughts!