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 ⏰

TRX pumping in FTX. I guess shortly we will see a remour that Justin Sun (owner of Tron) will come up with a rescue plan of FTX (Deploying more capital 🙄)

FTX Futures
#TRX/USD Take-Profit target 3 ✅
Profit: 584.838% 📈
Period: 1 Months 0 Days 17 Hours 27 Minutes ⏰

FTX Futures
#CVX/USD Take-Profit target 7 ✅
Profit: 435.247% 📈
Period: 10 Days 0 Hours 53 Minutes ⏰

OIN: DOGE/USDT
Short

Leverage: 6x

ENTRY: 0.09 - 0.105903 - 0.115260

TARGETS: 0.08, 0.075, 0.070, 0.065, 0.06, 0.055, 0.05, 0.045, 0.040, 0.035, 0.030, 0.025, 0.020, 0.015, 0.01, 0.005

STOP LOSS: 0.11755

Risky Trade

https://www.tradingview.com/x/HTMK0gf4/

All trades, updates stops at entry. Could be a big wick candle either side on exact time of CPI data.

ByBit USDT, Binance Futures
#DOGE/USDT Entry target 1 ✅
Average Entry Price: 0.0900 💵

ByBit USDT
#MATIC/USDT Take-Profit target 1 ✅
Profit: 45.3009% 📈
Period: 3 Minutes ⏰

ByBit USDT
#MATIC/USDT Take-Profit target 2 ✅
Profit: 65.0288% 📈
Period: 8 Minutes ⏰

The annual inflation rate in the US slowed for a fourth month to 7.7% in October of 2022, the lowest since January, and below market forecasts of 8%. It compares with 8.2% in September. Compared to the previous month, the CPI rose 0.4%, the same as in September and below expectations of a higher 0.6% rate.

The index for shelter contributed over half of the monthly all items increase, with the indexes for gasoline and food also increasing. Still, figures continue to point to strong inflationary pressures and a broad price increase across the economy, mainly in the services sector while prices of goods have benefited from some improvements in supply chains.

The US CPI was at 298.012 points in October, compared with 296.808 points in the prior month and market forecasts of 296.583 points.

ByBit USDT, Binance Futures
#BTC/USDT Take-Profit target 1 ✅
Profit: 45.1759% 📈
Period: 1 Hours 53 Minutes ⏰

Binance Futures, ByBit USDT
#ETH/USDT Take-Profit target 1 ✅
Profit: 70.4499% 📈
Period: 3 Hours 58 Minutes ⏰