Dear traders,
Today is Inflation report day on US stock market. Expected is fall from 7.1% to 6.5% that means more then 6.5% will make market dump and low then 6.5% is bullish and market up continuation.
Stay out of market!!!
Jake
TOP Trader
BTC:
BTC pump in infation report results and hit 18.400$ resistance target. Is his BEAR trap or bearish retest we will find out today. Stay out of market!!! Copy trade TrendRiderV2 in week make 10% of total wallet profit.
ETH:
ETH pump in bear flag upper line before inflation numbers. Market will show in witch direction it will go. For small SHORTS and copy trade take StormRider it makes +10% in week.
XRP:
XRP hit target 0.378$ but turn down. Waiting for next market move for continuation up to 0.4$. Slow but grow is coming with market.
LINK:
LINK consolidate on 6$ support and 6.3$ show resistance to continue grow. Still waiting for market confirmation for next leg up.
SOL:
SOL aim at 17.6$ big resistance waiting for market move for next leg up or down.
DXY:
DXY holds still in strong support zone and only break of 103.5 will continue push up to 108 region. If DXY grows up crypto and stock dump. Waiting for inflation movements of market.
Crypto/stock daily news:
Jailed! The brother of a former Coinbase manger has been sentenced to 10 months in prison for alleged insider trading. Nikwil Wahi was trading crypto based on info he was getting from his big bro at Coinbase.
A first for 2023. Tap Global (a crypto trading app) has become the first 2023 listing on the UK Stock Exchange. It provides regulated bank accounts and offers crypto purchases through affiliated exchanges.
Rumor mill. Twitter is working on Twitter Coins – an internal token for tipping creators. Jane Wong is a tech expert that releases a lot of leaks for future features being launched by big co’s, like Twitter. She says the Twitter Coins are next.
New NFTs on the block[chain]. The Freedom of the Press Foundation, Edward Snowden, and Daniel Ellsberg are collaborating on a new NFT with proceeds going towards funding operating costs for the Foundation. The NFTs feature an interview with the whistle-blowers and have the Pentagon Papers from 1971 embedded in them.
Final words:
Market make pre inflation rate numbers pump and prepare market for good data. Soon we will see in what direction we are going. Stay out of market.
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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
