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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.
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4
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)
Taking another shot at the ETH LONG here

ENTRY: $2510
SL: $2,460
(daily low, 2% lower)

I didn’t wanna trade before FOMC but this is actual good news, for ETH too
5👍3
Farzad
Taking another shot at the ETH LONG here ENTRY: $2510 SL: $2,460 (daily low, 2% lower) I didn’t wanna trade before FOMC but this is actual good news, for ETH too
Up +1% so far, looks primed gonna hold for now, PA is very choppy though but let’s see if we can get the breakout pre FOMC which I’d rather not hold through that.
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Looks like it might be some insider bid going on, random af. Good for our eth long
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Up 3% if you sized good can take some off here hopefully its not a fakeout again like last time 🙏
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3🔥2
I TP’d a little
Moved SL to b/e, risk free trade now
Welp.. good think we TP’d a bit. Looks like full retrace again
*DOJ SAYS MILLIONS IN IRANIAN OIL PROCEEDS LAUNDERED ON BINANCE
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Farzad
Welp.. good think we TP’d a bit. Looks like full retrace again
Pretty gross PA. Odds spiked on the CLARITY news last night & back down now. Definitely correlated with market rn
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