BACK to BUSSINES? Crypto news and daily update by Top Trader JAKE

BACK to BUSSINES? Crypto news and daily update by Top Trader JAKE

Dear traders,

Happy New Year and have a good luck and big profit trading!!!

Let’s start working!!!

US Stock Market not working today so small pumps are possible into the resistance zone.

Jake
TOP Trader

BTC:

BTC make small moves during this weekend and pump into resistance of Bear Flag. No big moves are expected until tomorrow. Copy trade TrendRiderV2 in week make 10% of total wallet profit.

ETH:

ETH still in Bear Flag pattern with small pump into mid channel resistance no big moves expected today. For small SHORTS and copy trade take StormRider it makes +10% in week.

XRP:

XRP make long squeeze movement with 11% hit and my target for short was hit 0.315$ and now we get bounce with signal indicator into the resistance zone.

LINK:

LINK make good bounce and looking for target of 5.9$ for max long target for this move. Still under consolidation zone need to break it for next big move.

SOL:

SOL make short squeeze and hit 12$ to grab liquidity. Push back to 11$ for trades enter looking for consolidation under 11$ to open short trade. Trade with tight stop loss.

Crypto/stock daily news:

  • China releases a report that 1400+ blockchain firms are currently based in China. Fun Fact: The U.S and China now represent 52% of the global blockchain enterprises.
  • MicroStrategy plans to launch software applications using the Bitcoin Lightning Network starting in 2023.
  • Fiji elects a new “Pro-Bitcoin” Prime Minister – Sitiveni Rabuka. And he’s already looking to make Bitcoin a legal tender in Fiji.
  • BMW is partnering with Coinweb and the BNB chain to integrate blockchain tech into daily operations and create a blockchain loyalty program.
  • Nouns announce they will have a Noun-themed float at next week’s Rose Parade. The cost of building the float? 610 ETH. The look on your aunt Becky’s face when she sees an NFT float? Priceless.

Final words:

Stock Market don’t trade today so no big moves are expected. Trade with cautions it is start of year small pump and big dumps are still in play.

WE ARE STILL IN BEAR MARKET don’t be fouled by small scam pumps stay at your TA and don’t trade by feelings!!!

Not Financial Advice!

Good luck with trades!

Author

Jake
TOP Trader