Dear traders,
Monday pumps is on BEAR are nuked and all looking like uptrend but stay aware Monday pump usually end like DUMP.
Jake
TOP Trader
BTC:
BTC broke 17.000$ and grab liquidity at 17.200$ and market Is looking bullish. Next resistance target are 17.400$ an 17.600$. On 12. January we have CPI report about inflation in US market it will tell next big move of market. Copy trade TrendRiderV2 in week make 10% of total wallet profit.
ETH:
ETH make big pump after breaking mid-range resistance and hit LONG target 1320$. Now entering in overbought territory and it is good for SHOR in range 1320-1350$. For small SHORTS and copy trade take StormRider it makes +10% in week.
XRP:
XRX hold support and broke descending triangle and looking for +0.36$ target if hold above pattern.
Still slow in grow after alt rally up.
LINK:
LINK break 6$ strong resistance and looking for next target of 6.45$. In area 6.6$ there is strong sell position with good short enters.
SOL:
SOL hold strong 13$ support and pump into 15$ resistance and break it with next resistance target of 17.6$ what is good SHORT enter because it is overbought. Great pump more 100% from low price!!
DXY:
US dollar index is at support and looking like retest of pump and aiming for 120 index. If DXY grows up crypto and stock dump. Will week is in front of us many crucial resistance will be at test.
Crypto/stock daily news:
GOX REPAYMENTS DELAYED
There is patience—it’s a virtue, after all—and then there are Mt. Gox creditors.
They lost hundreds of millions back in 2014 and have been waiting 9 years (nine!!!) for their vanished funds.
And they’re about to wait just a wee bit longer.
What’s another 2 months, right?
A Mt. Gox trustee said yesterday that the deadline to register for repayment is now March 10 instead of Jan. 10.
The lost crypto will now begin distribution on Sept 30, not July 31.
The delay is because too many people haven’t filed their info for repayment yet.
Creditors can be paid in crypto, fiat, or a combo of both.
Recipients have to register with a crypto exchange to receive payment via crypto (or bank account via fiat).
Among the crypto you can choose is Kraken, which said it would hop out of the Japanese market this month, just fyi…
…which may or may not have anything to do with the deadline extension…
…which now allows Japan-based creditors more time to register with an exchange that actually operates there.👀
Anywho, keep in mind that Mt. Gox serves as somewhat of a precedent for future possible crypto exchange repayments. (Lookin’ at you, Celsius and FTX creditors.)
And it’s taken…nine years.
Final words:
Final words:
Market slow bounce and breaking resistance and gong for next resistance target. This week we have big numbers on stock market so next move will be huge and show market direction for next months.
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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
