Crypto news and daily update by Top Trader JAKE 16/12/2022

Crypto news and daily update by Top Trader JAKE 16/12/2022

Dear traders,

After hawkish news from FED yesterday we have down break of US stock market and crypto market as well. Over $878 billion was wiped out from the US stock market!!! Elon know when to sell.

TOP Trader


On daily BTC stay in BEAR FLAG channel and today we get breaking of channel. If BTC close daily under 17.200$ we will see downtrend continuation up to start point of bear flag. On 4H time frame we have full bear continuation need one more confirmation on daily chart.


ETH make bearish downtrend and if on daily gets under 1250$ we can see new low on 1000$ target. Good for small SHORTS and copy trade StormRider.


XRP make full bearish with downtrend continuation to range of 0.31$. Only break of 0.38 will make this fake dump. IF daily stay under 0.38$ XRP is good for big SHORT.


Link gets back to downtrend channel after fake break of channel. Good for short continuation. FULL BEAR.

Crypto/stock daily news:

FUD against BINANCE and CZ(founder) don’t stop and BNB show weakness and possible big dump. Prepare your shorts and Start Signal for possible BIG SHORTS.

Final words:

Today is last big day on stock market most of big traders will go on vacation and low volume pump/dump we can expect in coming weeks.

After nuking stock market small pump is possible today and now we are in FULL bear market so every pump need to be SHORTED. Not Financial Advice!

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


Good luck with trades!


TOP Trader