#GALA 4HR TF Chart Update

👉Keep an eye on above mentioned Support point for the possible bounce back✌️

Looking across the market, many coins are set to rally but most are in higher timeframe downtrends so if there's upside movement off the FOMC, its likely many will make lower highs or fail retests above

Quick reminder to all to NOT trade FOMC

Moves typically come a few hours after or even a day later

Let plebs position themselves wrongly and find where they are positioned

That is you best shot today, paitience and perspicacity

I researched a few pre-FOMC PA (have to research more to be more accurate) and usually when we start to move up before the event most time we go up at the first few minutes in the event and then just rips down sometimes deeper sometimes shallower

This is my new weekend hobby to research theese events so later I can use them (with this I can’t “anticipate” the path of the price during the event but the direction after the event)

For the event whipsaw for sure as usual and agreed anyone here don’t trade this event the most -EV to trade this, just watch and wait for the price to develop

😁Coverted Alts To Usdt

📊 Bitcoin Chart Analysis 📊

Time Frame - 4 Hour (LTF)

Bitcoin Price Action is happening as anticipated. Big players trying to grab buy side liquidity a little above previous Range low which took 5 attempts to break. Our first Short ask has been filled.

Second entry at 30.2k in case of extreme liquidity

Targets - 29.1k/ 28.7k/ 28.2k/ 27.5k

Stoploss - 30.6k

MAX : 5 - 8X LEV

Message to all BlockMappers

Fomc happens like once a month

This had been the most unvolatile fomc so far as its summer this year

Focus instead of learning to trade, not trading

You dont want to get liq over a 5% move or less

Daily levels on the way
Today's is 🔥
basically red zone is bull/ bear line for me

Will make sense when you see the video

GM GS what do you think about this being a bear trap, breaking the range, and now slowly claiming the discount zone? The daily chart show divergence with the price falling and volume decreas.....i am waiting how price developes if it reaches the discunt zone, plus current price i fighting the RANGE LOW WICK. OPINIONS?

From Now !

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Keep in eyes eyes wave again 🎅

BTC Liquidation Levels Overview:

There are close to 5 billion in long liquidations sitting at the ~$28.8k level for Bitcoin. For now, bulls are protecting this price range. However, if bears are able to take out the $28,800 level, we would see some substantial liquidations of long positions which would likely trigger a bigger sell-off down to 28k. Be aware of the $28,800 price point.

vix has a 4h bear div attempting to confirm and form in 37 minutes, 5 week duration but it seems pretty weak, should result in some kind of chop for august

#STORJ

Short entry after 2 red candle

As We Planned !
Closed Longs

EIGHT BIGGEST US BANKS FACE A 19% BOOST IN CAPITAL REQUIREMENTS. U.S. Banks Face Large Capital Increases Under Final 'Basel' Plan -- WSJ

Banks Dependent on Certain Types of Fee Income, Trading Likely Most Affected by Proposal -- WSJ

Regulators to Seek Public Comment Through November -- WSJ

per walter bloomberg.

so inflation will be comign down for real now (it already has). this also tightens up the money supply. so a september dump thesis is very much validated now. question now is how does august play out.

so i think i know what's going on so far.

vix is saying "no issues." since it keeps cratering and isn't rising. but dxy and us10yy/us bond yields super pumping because banks / wall street needs to raise capital reserves now. in other words liquidity and cash on hand. if you recall from a couple of months ago jerome powell testified to congress they were very much going to raise capital requirements which alarmed some of the senators.

all looks according to planned.
the lack of liquidity (temporarily) for wall strete/us whales probably means it impacts crypto trading for them a lot more, hence why crypto having issues but stonks are not.

Hello everyone, according to the notification I received, wld/try will be added to binance turkey tomorrow morning at 11.00 for Turkey and 04.00 for America.

Previously, aca/try and xec/try coins were added to binance turkey and there was a serious rise.

I will enter leverage 1 hour before it is added

I think you will also make a good profit, I wish you a good day.


#Dyor