THe whole market if waiting for US inflation report today.
This information will definitelly cause new volatility in the market.
Let's see how new report will affect the markets
This information will definitelly cause new volatility in the market.
Let's see how new report will affect the markets
Forwarded from 📈Coin Chartists 📉
SOLANA - Weekly TF
Solana is approaching strong long-term support ($19.00-22.00).
We think buying in this area will be a profitable decision and good swing trade.
RSI on a daily timeframe is creating bullish divergence, one more sign that is making this setup even stronger.
Solana is approaching strong long-term support ($19.00-22.00).
We think buying in this area will be a profitable decision and good swing trade.
RSI on a daily timeframe is creating bullish divergence, one more sign that is making this setup even stronger.
📉 The U.S. economy declined 0.9% in the second quarter, meaning that the U.S. is technically in a recession.
Gross domestic product (GDP) declined at an annualized pace of 0.9% in the second quarter, marking two consecutive quarters of economic contraction.
While the report on Thursday morning was worse than economist forecasts of a 0.5% contraction, it was slightly better than "whisper" expectations for a decline of 1% or more. The Atlanta Fed's GDPNow tracker, for instance, predicted a negative 1.2% print for Q2.
Gross domestic product (GDP) declined at an annualized pace of 0.9% in the second quarter, marking two consecutive quarters of economic contraction.
While the report on Thursday morning was worse than economist forecasts of a 0.5% contraction, it was slightly better than "whisper" expectations for a decline of 1% or more. The Atlanta Fed's GDPNow tracker, for instance, predicted a negative 1.2% print for Q2.
Crypto Signals via @vote
I’m back 🫶🏻
anonymous poll
Finally, welcome back 🐐 – 99
👍👍👍👍👍👍👍 70%
Can’t wait for your technical analysis 🚀 – 43
👍👍👍 30%
👥 142 people voted so far.
anonymous poll
Finally, welcome back 🐐 – 99
👍👍👍👍👍👍👍 70%
Can’t wait for your technical analysis 🚀 – 43
👍👍👍 30%
👥 142 people voted so far.
On January 1st, I will start a trading challenge where I will try to turn $1000 into $10 000.
Crypto Signals via @vote
Which platform should I use for this?
anonymous poll
Binance – 107
👍👍👍👍👍👍👍 71%
Bybit – 44
👍👍👍 29%
👥 151 people voted so far.
anonymous poll
Binance – 107
👍👍👍👍👍👍👍 71%
Bybit – 44
👍👍👍 29%
👥 151 people voted so far.
Bitcoin - what's the next target?
BTC is currently at $16 000 weekly support and this is the 6th consecutive week that we're at this price level.
Considering all the drama and chaos that happened with FTX, this is a pretty good price level because we could've seen a way worse market drop.
As long as we're above $16k, we're in a safe zone.
I would not like to see the price going lower because then we will hardly find support all the way down to $12k.
Whatever happens next, I do not expect the price to go up in the next 2-3 months considering all the micro and macro events surrounding the crypto market.
Stay patient, I will share a couple of great investments in the next days and zones at which would be great to start accumulating.
BTC is currently at $16 000 weekly support and this is the 6th consecutive week that we're at this price level.
Considering all the drama and chaos that happened with FTX, this is a pretty good price level because we could've seen a way worse market drop.
As long as we're above $16k, we're in a safe zone.
I would not like to see the price going lower because then we will hardly find support all the way down to $12k.
Whatever happens next, I do not expect the price to go up in the next 2-3 months considering all the micro and macro events surrounding the crypto market.
Stay patient, I will share a couple of great investments in the next days and zones at which would be great to start accumulating.