CPI was Good then also we Didn't Pumped why bro?
This is the question Everyone is asking Everywhere
And main Aim of Market Updates is give you all the details that will leave you to Build Positions accordingly Not to leave any confusion in Market and understand it as Much as Possible
1) CT were Bullish Yesterday on our HTF Resistance ? Yes.
2) No one is still speaking for PPI But we told you Even if we get Bullish CPI Market will still Chop for PPI Next
3) Its summer Low Demand Majority are still on vacation
4) We pumped first, then profit Booking Started
Yaaaaaaa
$BTC Now Below Monday High and 57466 level $BTC Looks Cooked But safe one can still wait for PPI today at 5:30pm pkt
Plan Remains for long scalps for alts
*Bullish above 216-224B*
But what if PPI is Bad?
Can we Have a Plan too Short also? We can Make money both sides Na ?
Yes Charts Presented Below :
*$BTC- as long as 57360-466 remains as resistance, 54-55k Next*
*Ethereum - as long as 3095 remains as resistance, 2907 Next*
Altindex (Total3) - If you are looking for short, total3 is clean, as long as 571.8B remains as resistance, 531B remains as support next
All these levels can be validated post PPI
For $BTC, HTF Plan remains same, flip 58.5-60.5k range to be semi bullish atleast and above 64k to be bullish
Hope there is No confusion Now and all clear.
Market Now Goes up or down, we have all plans set for long and short.
Stay tuned.