Crypto news and daily update by Top Trader JAKE 21/12/2022

Crypto news and daily update by Top Trader JAKE 21/12/2022

Dear traders,

Market is stabilising after bigger dump small liquidity grab in LONG term is possible. We are still in bear market all PUMPs need to be shorted!

Not financial advice!

TOP Trader


BTC hit liquidity grab at 17.000$ and back to consolidation channel. At price of 16.800$ there is strong resistance and there is one more liquidity grab possibility at 17.200$. On 4H time frame there is bearish continuation pattern with lower lows and lower highs. Copy trade TrendRiderV2 in 5 days make 9% of total wallet profit.


ETH hit and consolidate at resistance of 1220$ looking for breakout to the target of 1071$. For small SHORTS and copy trade take StormRider it makes +6% in week.


Resistance of 0.348$ hold XRP of making LONG movements still bearish with downtrend continuation to range of 0.315$.


LINK still hold at 6$ resistance and looking for downtrend first target of 5.53$.

Crypto/stock daily news:

Binance.US acquired Voyager’s assets in a deal valued at $1.022b.

That’s right, Voyager is in the headlines again. In case you’ve lost track at home…
Voyager was a top crypto broker → then it went bankrupt.
Then it got saved by FTX → then FTX collapsed.
Then Voyager auctioned off its assets [again] → Now Binance.US is buying them.
Here’s everything you need to know about the deal:

Binance.US isn’t paying $1.022b; it’s really only paying Voyager $20m
That big $1.022b number is $20m + the current value of Voyager’s remaining crypto assets, which will be returned to Voyager customers via their Binance.US accounts
It’s unclear exactly how much Voyager customers will get back; we might know by March
A bankruptcy court needs to approve the deal on Jan. 5 before anything can happen
Hmmm… I don’t know about you. But this sounds familiar. A little too familiar.

Voyager approved FTX’s $1.42b deal in September. And FTX was set to return ~75% of customer holdings, but…
…we all know how that turned out.
Will this finally be the end of Voyager’s journey?
WE still has PTSD (Post Terra Stress Disorder) & gets flashbacks every time he hears names like “Voyager”, “Luna”, and “Three Arrows Capital”.

Final words:

Market Is slowing down before end of year and there is possibility of small volume pump but there is only one direction DOWN /NUKE!!!

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!


TOP Trader