Stock market are in big week and big volatility is coming. Huge data and interest rates decision on
table so be careful with taking positions BEARS are watching.
BTC pump into 24.000$ resistance on weekend and get push back on Monday and CME gap was
filled. Now consolidating for next leg up to 25k if 23k holds support.
ETH broke pattern and hit 1660$ as BTC pump and push back with Monday Asian market open. Need
to hold support for next leg up.
XRP retest 0.395$ support and before that hit 0.42$ with strong push back. Still in consolidation and
losing power for next leg up.
LINK try to break upper resistance zone and gets rejected and holds now at 7$ as support. Still not
looking good for next leg up. Need more power too push up.
SOL hit 27$ resistance and push back strongly to 23.6$ support. Still no power for next push up. It
will go with market. Trade with small leverage SOL oscillate +5% on daily.
DXY still dead show no power to break pattern. Closing to critical supports and breaking that’s
support will make market push higher. Will move with market news this week.
Crypto/stock daily news:
The SEC turned down Cathie Wood’s Ark Invest and 21 Shares’ proposal for a Bitcoin
spot ETF yet again, claiming that it doesn’t effectively show how it will protect investors. The SEC
vs. crypto space battle rages on…
DCG contagion. Luno, a crypto exchange that Digital Currency Group owns, is laying off 35% of
staff, or 330 of its 960 employees, as its sister company Genesis grapples with bankruptcy.
That’s a loooong list. FTX lawyers posted names of the creditors that the exchange owes money
to. Among them are Netflix, Apple, Coachella Music Festival, Stanford University, Binance, and
This is BIG week with huge market moves in stock/crypto trade with small leverage and follow news
updates. Stay updated and read blog!
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Sentiment Is now BULLISH and real test for bulls are this week.
Not Financial Advice!
Good luck with trades!