Dear traders,
Market answer next rate incise with dump before call. Tommorow we will get unemployment rates
which have a big influence on the market. Market needs to hold support or the next leg down will come fast.
Jake
TOP Trader
BTC:
BTC continue to break down to 21.600$ and now needs to hold in the range 21.600-21.300$, or we could
visit 20k soon. Trade with small leverage short resistance, long support.
ETH:
ETH holds support at 1530$ and not showing strength for next leg up. We could see retest of support
at 1460$ range and then bounce up. Trade with small leverage.
XRP:
XRP pushing hard into 0.4$ resistance, but the market is falling down and killing xrp. Still if market shows
weakness, it will follow back down.
LINK:
LINK needs to hold above 6.45$, or we could see new lows in the near future. Still not looking good for
next leg up. Good for small long on support if hold.
SOL:
SOL drop like bomb under 20$ support and aiming 17$. We could see break of 17$ to and more push
down. Trade with small leverage. Still you can take small short to target 17$ there is 5% still more to
fall down.
DXY:
DXY break all resistance and show strength now 106 is next target.
Crypto/stock daily news:
GRAYSCALE BATTLES THE SEC IN COURT
There’s a BIG crypto battle going down in court this week. Introducing the fighters…
In the blue corner: Grayscale – a digital asset investment firm that manages the largest Bitcoin
trust ($14B) on the market.
In the red corner: The SEC – U.S. regulators that oversee securities exchanges, brokers and dealers,
investment advisors, etc., to enforce the law against market manipulation.
“LET’S GET READY TO RUMBLEEEEE”
Final words:
This week we have many bad news are coming, so please take care about your trade and don’t
take big leverage.
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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
