ETH LONG
Entry: $2,510
SL: $2,410
Will attach chart & reasoning in a few.
Entry: $2,510
SL: $2,410
Will attach chart & reasoning in a few.
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Posted about this the other day, ETH been crazy strong and looks so primed to breakout. Matter of when not if imo. So I wanted to get long here with a decent wide stop and let’s see how it plays out. Reminds me of hype chart consolidation before it broke out also
❤4
Farzad
ETH LONG Entry: $2,510 SL: $2,410 Will attach chart & reasoning in a few.
Cut this for now.
-1.2% loss
-1.2% loss
There’s some big data/numbers coming out within this next week, CPI/PPI, and FOMC and affects markets a lot so hoping for some dips because of those and we can position into that
Farzad
There’s some big data/numbers coming out within this next week, CPI/PPI, and FOMC and affects markets a lot so hoping for some dips because of those and we can position into that
GM PPI numbers came out 50min ago & market fell a bit on that. Very happy I cut ETH where I did or else would have got stopped out and lost way more. CPI numbers also come out tomorrow morning at 8:30AM EST
Farzad
Gm Looks like no Saylor buys from last week either, got reported today bc of labor day. I also removed the BTC bids we had up. Unlike ETH I think this BTC charts looks worse. We’re basically in thiis 76-81K range and usally trading in the middle of it it…
Visiting the range lows on BTC now, need this to hold or only wick under if anything & close back above. Close below here on like a higher timeframe and it’ll get ugly imo
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U.S. CPI: +3.4% YEAR-OVER-YEAR (EST. +3.4%)
U.S. CORE CPI: +2.4% YEAR-OVER-YEAR (EST. +2.4%)
U.S. CORE CPI: +2.4% YEAR-OVER-YEAR (EST. +2.4%)
okay glad I didn’t fomo either of these, hopefully no one got fucked on the moves today
hard market still, very macro driven
will keep an eye out on stuff but otherwise have a good weekend boys
hard market still, very macro driven
will keep an eye out on stuff but otherwise have a good weekend boys
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Weekly Market Recap 9/13 📊
Happy I didn’t trade this weekend, very choppy and meh conditions and also glad we didn’t FOMO long the ETH breakout that I was waiting for, it baited a lot of people and way below now.
FOMC is this coming week which I mentioned few days ago, gonna have a big impact imo depending on the rates and presser afterwards.
HTF charts look pretty good tbh but anything LTF looks a pretty shitty (attached BTC HTF vs. LTF charts) which hopefully a good FOMC can fix that. Most likely won’t take any trades till at least FOMC on Wednesday.
Happy I didn’t trade this weekend, very choppy and meh conditions and also glad we didn’t FOMO long the ETH breakout that I was waiting for, it baited a lot of people and way below now.
FOMC is this coming week which I mentioned few days ago, gonna have a big impact imo depending on the rates and presser afterwards.
HTF charts look pretty good tbh but anything LTF looks a pretty shitty (attached BTC HTF vs. LTF charts) which hopefully a good FOMC can fix that. Most likely won’t take any trades till at least FOMC on Wednesday.
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TRUMP AGREES TO NEW BIPARTISAN ETHICS PROVISION IN MASSIVE CRYPTO BILL, GOP AIDE SAYS: AP
*TRUMP AGREED TO CRYPTO ETHICS PROVISIONS IN A SWEEPING BILL HEADED FOR A VOTE
*THE UPDATED BILL REQUIRES DIVESTING OR PLACING CRYPTO INTERESTS INTO A BLIND TRUST
(came out 30 min ago)
*TRUMP AGREED TO CRYPTO ETHICS PROVISIONS IN A SWEEPING BILL HEADED FOR A VOTE
*THE UPDATED BILL REQUIRES DIVESTING OR PLACING CRYPTO INTERESTS INTO A BLIND TRUST
(came out 30 min ago)