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USDJPY: A New Crypto Pump Coin 🚀'It looks like buyers are making a play and solidifying that break above 140.00. There is plenty of upside room to roam for the pair with the next key resistance region being closer to the psychological level near 145.00. As much as Japanese officials are trying to jawbone to slow down the pace of the yen decline, it is nothing more than a speed bump still at this stage. With markets still sticking with the narrative of a more aggressive Fed and Treasury yields keeping the faith (10-year yields are up 4 bps to 3.23% today), the path of least resistance is still for a move higher in USD/JPY.' - ForexLive Article The USDJPY pump has been incredible to watch, with some referring to it as a crypto coin pump 😂. We have two options on how to trade it successfully: 1) We either wait for a pullback to sweep liquidity from the trendline to buy into the highs OR 2) We wait for the highs to be taken to sell down into the trendline liquidity. Those are my options, for now, we must sit on our hands because price is not in a desired location to trade. 🚀Thanks for your BOOSTS and support🚀 💬Send your comments and questions below, I'll be glad to talk to you💬
by AlkalineFX
16
$DOGE BULLISH SUPPORT TOWARDS $0.23The price of Dogecoin (DOGE) has continued to remain strong against Tether (USDT) despite growing bearish market sentiment as other crypto assets continue to decline in price. The price of the popular cryptocurrency traded from about 1 cent on Jan. 1 to almost 75 cents on May 8 when Tesla Inc Elon Musk hosted "Saturday Night Live." Currently at these prices, this is an opportunity for an entry while this crypto asset is not trending and thats the whole point to buy before the hype. Base on the trendlines between support and resistance we are about to break out one way or another. View the RSI combo.
Long
by UnknownUnicorn2208604
3