Core CPI came in lower than the 0.3% forecast at 0.2% with CPI m/m at a stunning 0%! This lead to a lower y/y of 3.3%. Extremely bullish news!!
PPI tomorrow should also come lower as lower CPI data usually is translated by lower product prices. Most people dont know this yet. But i am expecting PPI to be either equal to forecast or lower which will cause the market to skyrocket tomorrow.
My targets remain the same:
$BTC TP1 71.4k TP2 73.8k TP3 76k TP4 83k
$SOL TP1 173 TP2 182 TP3 191TP4 211
$ETH TP1 3704 TP2 3793 TP3 3896 TP4 4111
My advice is once you reach these TP1s to close 20% of the position and move your SLs to entry. At TP2 close 10% and move SL to TP1. At TP3 close 20% and move SL to TP2. By then you'd have close 50% of your position in profit and leave the rest of the position to fly to the moon. Even if you get stopped out, you closed at profits and no loss.
PPI tomorrow should also come lower as lower CPI data usually is translated by lower product prices. Most people dont know this yet. But i am expecting PPI to be either equal to forecast or lower which will cause the market to skyrocket tomorrow.
My targets remain the same:
$BTC TP1 71.4k TP2 73.8k TP3 76k TP4 83k
$SOL TP1 173 TP2 182 TP3 191TP4 211
$ETH TP1 3704 TP2 3793 TP3 3896 TP4 4111
My advice is once you reach these TP1s to close 20% of the position and move your SLs to entry. At TP2 close 10% and move SL to TP1. At TP3 close 20% and move SL to TP2. By then you'd have close 50% of your position in profit and leave the rest of the position to fly to the moon. Even if you get stopped out, you closed at profits and no loss.
