ByBit USDT, Binance Futures
#ALGO/USDT Closed at stoploss after reaching take profit ⚠

ByBit USDT, Binance Futures
#WOO/USDT Closed at stoploss after reaching take profit ⚠

ByBit USDT, Binance Futures
#DOT/USDT Closed at stoploss after reaching take profit ⚠

FTX Futures
#RAY/USD All take-profit targets achieved 😎
Profit: 704.215% 📈
Period: 6 Days 9 Hours 0 Minutes ⏰

FTX Futures
#XTZ/USD Take-Profit target 5 ✅
Profit: 300.0% 📈
Period: 6 Days 8 Hours 59 Minutes ⏰

FTX Futures
#CVX/USD Take-Profit target 6 ✅
Profit: 361.3707% 📈
Period: 9 Days 12 Hours 13 Minutes ⏰

FTX Futures
#NEO/USD Take-Profit target 5 ✅
Profit: 333.3333% 📈
Period: 6 Days 8 Hours 50 Minutes ⏰

FTX Futures
#BTC/USD Take-Profit target 6 ✅
Profit: 262.5786% 📈
Period: 7 Days 5 Hours 51 Minutes ⏰

FTX Futures
#SOL/USD All take-profit targets achieved 😎
Profit: 775.8671% 📈
Period: 6 Days 8 Hours 24 Minutes ⏰

FTX Futures
#ZEC/USD Take-Profit target 5 ✅
Profit: 392.233% 📈
Period: 8 Days 4 Hours 32 Minutes ⏰

FTX Futures
#RVN/USD Take-Profit target 7 ✅
Profit: 646.2585% 📈
Period: 1 Months 18 Days 9 Hours 12 Minutes ⏰

FTX Futures
#BNB/USD Take-Profit target 4 ✅
Profit: 375.0% 📈
Period: 5 Days 13 Hours 25 Minutes ⏰

Binance Futures, ByBit USDT
#BNB/USDT Take-Profit target 6 ✅
Profit: 143.8926% 📈
Period: 8 Hours 16 Minutes ⏰

ByBit USDT, Binance Futures
#BTC/USDT Take-Profit target 6 ✅
Profit: 143.91% 📈
Period: 1 Days 0 Hours 59 Minutes ⏰

Binance Futures, ByBit USDT
#BNB/USDT Take-Profit target 7 ✅
Profit: 163.6408% 📈
Period: 8 Hours 59 Minutes ⏰

ByBit USDT, Binance Futures
#BTC/USDT Take-Profit target 7 ✅
Profit: 163.6551% 📈
Period: 1 Days 1 Hours 41 Minutes ⏰

ByBit USDT, Binance Futures
#ETH/USDT Take-Profit target 5 ✅
Profit: 369.906% 📈
Period: 10 Days 5 Hours 7 Minutes ⏰

ByBit USDT, Binance Futures
#BTC/USDT All take-profit targets achieved 😎
Profit: 183.401% 📈
Period: 1 Days 2 Hours 21 Minutes ⏰

Good Morning. This week, it will be the most volatile week of the year.

Today, October's CPI data (US) will be published. Market estimate a year-on-year (y/y) increase of 7.9%, and 0.6% month-on-month (m/m). Meanwhile, core CPI is expected to rise by 6.5% y/y and 0.5% m/m.

A CPI report that comes in above estimates of 7.9% would probably be a shocker to markets and may result in rates and the dollar surging higher, and stock & crypto prices further dropping as a result.

On the other hand, FTX become insolvent, Binance pulled out the possible acquisition & FTX now looking for USD 8 Billion to prevent bankruptcy. If FTX goes bankruptcy, the Crypto market could go straight to 12K.

Possible Scenario:

Scenario 1:

a. Hotter CPI Data more than expected will bring the entire market down & dump hard both Equity & Crypto market with a fear of a 75 basis point rate hike in December.
b. If FTX is unable to raise USD 8 Billion in capital immediately, it will go bankrupt which will create a severe impact on the crypto market.

If both cases play at the same time, the Market could dump towards/below 10 - 12K.

Scenario 2:

a. If lower CPI Data comes in, then we might see a relief rally in the equity & crypto market expecting the next fed hike will be 50 basis points.
b. If FTX could manage $8 Billion immediately & save bankruptcy, the crypto market will see some relief.

If both cases play at the same time, the Market will bounce from the 15K level.

I think, Scenario 1 will be in play (possibly), Hotter CPI Data & FTX will be bankrupt so expecting 12K (DYOR). So holding short bias for this week unless scenario 2 are in play (FTX saved & Lower CPI Data).

So, Update the SL above entry in all profitable trades. Although I think the market will go down further for the last liquidation & final bottom.

https://www.tradingview.com/x/kmU0k1Xe/

FTX Futures
#TRX/USD Take-Profit target 1 ✅
Profit: 285.1296% 📈
Period: 1 Months 1 Days 2 Hours 1 Minutes ⏰

FTX Futures
#TRX/USD Take-Profit target 2 ✅
Profit: 465.7413% 📈
Period: 1 Months 0 Days 17 Hours 20 Minutes ⏰