Dear traders,
Today FEDs announcement rate increase today and it will decide where market will go next. Don’t take new position today before FED news.
Jake
TOP Trader
BTC:
BTC consolidating under 28.500$ what is resistance and waiting for FED news. Next target is 30k or dump to 25k. Don’t take positions before news came out.
ETH:
ETH ranging between 1780$ I 1820$ and consolidating for next push up to 2000$.
XRP:
XRP make mega push into 0.5$ and now at support at 0.45$ what is good for small long if support holds. In VIP group we kill this trade and predict pump!
LINK:
LINK breaking resistance lines and now holds above 7.4$ and preparing for push to 8$. There is possibility it will pump out like XRP so you can take long spot positions.
SOL:
SOL holding at 22$ support and pushing into 24$ resistance. Also good for spot buy on long term.
DXY:
DXY holding at last support 103 before under 100 range. Good market news and printing money decrease dollar value.
Crypto/stock daily news:
CRYPTO PRICES ARE IN THE GREEN, IS ALTSEASON COMING SOON?
Ladies & gents, crypto is on a roll. Prices are green, greed is in the air, and bags are being pumped…
The Fear & Greed Index hit a 16-month high (68). Investors haven’t felt this greedy since Thanksgiving ‘21 when everyone was eating turkey with a side of BTC.
Bitcoin closed the week at $28k+ for the first time in 9 months.
Bitcoin had its biggest weekly gain (+26.11%) since April 2019. It’s been 4 years… *queue Titanic music*
If crypto was the Empire State Building, it’d be covered in green baby! 🤑
So what? Well first of all, if you’re a Bitcoin investor – congrats, you’re up big.
If you aren’t, don’t worry because Bitcoin pumps like this are sometimes followed up by….
Altseason. This is a function of the market due to new participants flooding into crypto around the same time, and can be triggered by stuff like BTC halving events or a sudden loss of faith in centralized financial systems. (*cough*…. the U.S. Federal Reserve… *cough*)
And crypto investors love altseason more than Owen Wilson & Vince Vaughn love wedding season.
The Path to Altseason can be split into 4 phases:
Right now, we’re probably in the overlap part between phase 1 and phase 2. ETH is also up big (~20% over the last 7d), but it hasn’t outperformed Bitcoin yet. But we could see a bigger flow into ETH as the Shanghai upgrade gets closer & closer…
Who knows if this is exactly how it’ll play out but, buckle up crypto investors – Altseason could be coming soon.
Final words:
Don’t trade into FED news there will be a big wicks and market priced in 0.25 rate incrise only 0 can make it pump. Trade with care.
Copy trade GROW 0.1->10k$ and let’s grow our account BIG.
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Sentiment Is now BULLISH and real test for bulls are this week.
Not Financial Advice!
Good luck with trades!
Author
Jake
TOP Trader
