๐บ๐ธU.S. Economic Data This Week:
CPI Inflation (Tues.)๐ฅ
Retail Sales (Wed.)
Ny Fed Manufacturing Index (Wed.)
PPI Inflation (Thurs.)
Philly Fed Manufacturing Index (Thurs.)
Jobless Claims (Thurs.)
Housing Starts (Thurs.)
CPI Inflation (Tues.)๐ฅ
Retail Sales (Wed.)
Ny Fed Manufacturing Index (Wed.)
PPI Inflation (Thurs.)
Philly Fed Manufacturing Index (Thurs.)
Jobless Claims (Thurs.)
Housing Starts (Thurs.)
#Educational
Relative strength index (RSI)
RSI is mostly used to help traders identify momentum, market conditions and warning signals for dangerous price movements. RSI is expressed as a figure between 0 and 100. An asset around the 70 level is often considered overbought, while an asset at or near 30 is often considered oversold.
An overbought signal suggests that short-term gains may be reaching a point of maturity and assets may be in for a price correction. In contrast, an oversold signal could mean that short-term declines are reaching maturity and assets may be in for a rally.
Relative strength index (RSI)
RSI is mostly used to help traders identify momentum, market conditions and warning signals for dangerous price movements. RSI is expressed as a figure between 0 and 100. An asset around the 70 level is often considered overbought, while an asset at or near 30 is often considered oversold.
An overbought signal suggests that short-term gains may be reaching a point of maturity and assets may be in for a price correction. In contrast, an oversold signal could mean that short-term declines are reaching maturity and assets may be in for a rally.
#Solana
It has formed a bearish channel and is at the support of $20.00-20.50. The continuation of negative news in the market will cause the support to fail and the price will reach 18$ .
It has formed a bearish channel and is at the support of $20.00-20.50. The continuation of negative news in the market will cause the support to fail and the price will reach 18$ .
#Binance has endured some $831 million of net outflows in the past 24 hours, Nansen data shows
#VRA with support, it faces $0.0078 - $0.0085. and has reached the bottom of the channel. If the support is broken, there is a possibility of a decline to $0.0054. Negative divergence is also observed.
#Bitcoin started ranging just above the major support level . Price looks too much corrective while going down. Still, eyes on $21,070 - $21,300. Anticipating a reversal from there and in case of break, bearish trend might continue.
#Ethereum has broken the $1,500-1,520 support zone, but the break was not too strong and there is a possibility of a price reversal if the dynamic resistance is crossed. The next support is $1400.
#FTM
An ascending harmonic pattern is observed on the chart and the price will probably grow to the resistance of $0.600-0.612.
An ascending harmonic pattern is observed on the chart and the price will probably grow to the resistance of $0.600-0.612.
#Dogecoin is facing a support range of $0.079 - $0.081. If the support holds, the rally is likely to continue up to $ 0.098, and if the support is broken, the next support is the $ 0.068 price zone.
#Educational
What Is a Death Cross?
The "death cross" is a market chart pattern reflecting recent price weakness. It refers to the drop of a short-term moving averageโmeaning the average of recent closing prices for a stock, stock index, commodity or cryptocurrency over a set period of timeโbelow a longer-term moving average. The most closely watched stock-market moving averages are the 50-day and the 200-day.
What Is a Death Cross?
The "death cross" is a market chart pattern reflecting recent price weakness. It refers to the drop of a short-term moving averageโmeaning the average of recent closing prices for a stock, stock index, commodity or cryptocurrency over a set period of timeโbelow a longer-term moving average. The most closely watched stock-market moving averages are the 50-day and the 200-day.
#LINK is just above the $6.46-$6.30 support range. If the price drops to the support again, the probability of short selling will be very high and the next support area is $5.72-$5.54.
#Bitcoin addresses with non-zero balances saw a quick spike last month. Looks like people start accumulating BTC for the next block reward halving.
#Educational
โ โ Trading Rules
๐ 1. All signals are isolated.
๐ 2. Do not change the leverage.
๐ 3. All signals are stop-limit mode. That is, you set the order so that it will be activated if it reaches that price.
๐ 4. Do not enter any signal with full capital.
Trade every time with same amount
๐ 5. Important note: If you miss a signal, don't worry, the next signals... there is always an opportunity.
๐ 6. After your order is activated, set the stop loss and targets
โ โ Trading Rules
๐ 1. All signals are isolated.
๐ 2. Do not change the leverage.
๐ 3. All signals are stop-limit mode. That is, you set the order so that it will be activated if it reaches that price.
๐ 4. Do not enter any signal with full capital.
Trade every time with same amount
๐ 5. Important note: If you miss a signal, don't worry, the next signals... there is always an opportunity.
๐ 6. After your order is activated, set the stop loss and targets