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#ForYourKnowledge

Candlesticks πŸ“Š

Each candle shows 4 key prices:

β€’ Open – where price started
β€’ Close – where price ended
β€’ High – highest point
β€’ Low – lowest point

Bullish candles (green) close above open β†’ buyers in control.
Bearish candles (red) close below open β†’ sellers in control.

The real body shows the strength of the move.
The wicks (shadows) show rejection from highs or lows.

Read the story behind the candle, not just the color. 🎯


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#COTI is still trading inside a macro descending channel, and the current move looks like a relief rally into resistance rather than a confirmed trend reversal.

After forming a base near the lows, price has pushed up and is now testing a confluence zone:

Descending trendline resistance
Fibonacci 0.5 – 0.618 area
Horizontal supply zone around 0.0155 – 0.0165

What’s happening:

Higher lows forming short term
Price compressing into resistance
Momentum slowing as it approaches supply

Bullish scenario:
A clean breakout and hold above 0.0165 could shift structure and open a move toward 0.019 – 0.021 and after 0.025.

Bearish scenario:
Rejection from this zone is likely, which could send price back toward 0.013 β†’ 0.012 support, and potentially continue within the larger downtrend.

Right now, this is a decision zone, where price is testing strong resistance inside a broader bearish structure.


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#ETH ETF outflow of $130,600,000 πŸ”΄ yesterday.

BlackRock sold $102,000,000 in Ethereum.

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πŸ‡ΊπŸ‡Έ US PPI came in at 6% vs 4.9% expected.

πŸ‡ΊπŸ‡Έ US Core PPI came in at 5.2% vs 4.3% expected.

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πŸ‡ΊπŸ‡ΈπŸ‡¨πŸ‡³ President Trump and President Xi are reportedly considering tariff cuts on $30B of imports.

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πŸ‡¨πŸ‡³πŸ‡ΊπŸ‡Έ Chinese students greet US President Trump as he arrives in Beijing for talks with Xi Jinping.

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πŸ‡ΊπŸ‡Έ Reversal in the US Market

$320 Billion added.

Nvidia becomes the first company in history to hit $5.5 Trillion in market cap.

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Senator Cynthia Lummis says it’s a big week for digital assets and that the US is moving closer to becoming a global leader in financial innovation.

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Russia says it "strongly condemns" US and Israeli aggression against Iran

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πŸ“… Economic Calendar | May 14-15

Big volatility expected across Crypto & Forex markets πŸ‘€πŸ“Š

Key Events:
β€’ Trump & Xi Summit πŸ‡ΊπŸ‡ΈπŸ‡¨πŸ‡³
β€’ UK GDP QoQ Prel πŸ‡¬πŸ‡§
β€’ UK GDP YoY Prel πŸ‡¬πŸ‡§
β€’ UK GDP MoM πŸ‡¬πŸ‡§
β€’ US Retail Sales MoM πŸ‡ΊπŸ‡Έ

Trade carefully during high impact news hours ⚠️

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$400,000,000 seized from crypto Ponzi scheme now available to compensate victims.

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JPMorgan increased its Blackrock's IBIT holdings to 8.3M shares in Q1 2026, up about 175%

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