Dear traders,
Today is US stock market open day so expecting big movements in both direction!!!
Jake
TOP Trader
BTC:
Today market open and big moves are expected so prepare for more retest and possible touch of support target. BTC Is slow and slow bleeding waiting for bigger volume to kick in to make bigger market moves. Copy trade TrendRiderV2 in week make 10% of total wallet profit.
ETH:
ETH still in Bear Flag pattern show no strength and no volume looking for break or small bounce in middle channel. For small SHORTS and copy trade take StormRider it makes +10% in week.
XRP:
After great swing movements XRP hit resistance and show no strength for breaking it. Still no setup to trade possible small push back to support line.
LINK:
LINK make good bounce and losses strength to 5.9$ only if market bounces today we could see resistance hit. If no big move it could touch 5.4$ again.
SOL:
SOL break 11$ resistance and retest it as support looking good for next long target 12.5$. Support of 11$ need to hold for next leg up.
Crypto/stock daily news:
BMW WILL USE THE BLOCKCHAIN FOR DAILY OPERATIONS AND NEW LOYALTY PROGRAM
“What’s the use case?”
These are the 4 deadliest words in crypto. It’ll have any investor sweating & hyperventilating like they just finished up one of those old P90X DVDs.
Well today, you’re in luck. Cause we’re gonna be talking about a cool new use case for the blockchain…
BMW is partnering up with BNB blockchain and Coinweb (a cross-chain computation platform).
The goal? To make daily operations more efficient by eliminating complex paperwork and developing a new loyalty program – all using blockchain tech.
It’s gonna be split into 2 phases:
PHASE 1: BMW will integrate blockchain tech to help automate time-consuming manual processes and streamline their financing services. Say goodbye to all that paperwork.
PHASE 2: Coinweb will help BMW create a new customer loyalty program using blockchain-based rewards to incentivize customers to buy more stuff from BMW (products or services).
The BNB blockchain will be used to settle all transactions on-chain.
And it isn’t an auto manufacturer’s first rodeo on the blockchain either.
Alfa Romero uses blockchain-based tokens to keep track of a car’s whole life cycle. Their new car, the Tonale SUV, is linked to an NFT that keeps records & data on the car
Mercedes-Benz uses the blockchain to trace carbon emissions in the cobalt supply chain
Bentley uses the Polygon chain to drop their first NFTs – each coming with exclusive perks & benefits
So the next time someone asks you what the blockchain is used for, just remember this banger…
“Beamer, Benz, or Bentley
Beamer, Benz, or Bentley
Beamer, Benz, or Bentley”
Final words:
Stock Market open to trade today so big moves are expected. Trade with cautions it is start of year small pump and big dumps are still in play.
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
