Wow, the market is really rising, are we looking to adjust the chart at the end of the month or running ahead of the interest rate news this weekend? :D
In this segment, I see $BTC if following H4 it could rise to about 117k. Those who like to short can enter there, but personally, I will stick with the long side only :)))
For the long position, I will monitor around the 113k8 114k area, but we still need to see how the situation develops.
Good morning everyone, the prices have been too sw for the past two days, so there is no rice or porridge at all. Yesterday the price slightly increased to 111x, so today I hope there will be a movement of $BTC that will come around 109k, and then the price will rise close to the 113 area (this is the area where the price has created a level and may adjust here) At each movement, you guys set a stop loss of about more than 1k, and that’s fine! $ETH is similar but the movement may be longer and sweep a bit more. Watch closely around 3k8 and short at 3950-3980, okay everyone!
Have you planned $BTC yet, my friends? Haha. Is there anyone who can pick it up? Watch the checkpoint at this 114k area, I’ve already secured a price of 6k, if you don’t lock it in, the coin group will penalize you.
Tomorrow, let's see how the price reacts at 115k, then we’ll have the next plan.
Pay attention to $BTC frame m15, if the pillar closes completely through the current area, then finish the wedge pattern breaking out, right guys? It could be a strong rebound wave in the near future. In my opinion, the probability will run waves like that to pull the candle as well as complete the Uptober target :) expected target 115-117k
The FOMC Minutes are quite good, with not a hint of "hawkishness" in this report. However, we are still waiting for the US Fed to wake up to know what the upcoming time will be like as the NF data from last week has not yet been released. $BTC I still hope for the zone 119k $ETH 4300 to test again before continuing to rise.
GMgm brothers! $BTC has surpassed the new ATH and is currently around the old ATH price level of 124k, facing significant selling pressure in this area.
My expectation is that it will sideway in this range before breaking the 125k from yesterday to continue running. Because releasing lanterns for the Mid-Autumn Festival now would be very unfavorable when surpassing the ATH, but if altcoins remain still, it will be difficult to attract more capital into the market.
My expectation today is that $BTC will reach the 121k zone again, this is the area with strong selling volume as well as the key of the previous downtrend and is also an important fibo zone.
If $BTC can break through this area, Uptober will become very strong. In my opinion, this upward trend today will see prices sideway in this area because today is Friday and there is Non-farm news. However, the question remains whether the US government shutdown will affect this economic schedule.
The market is really pumping, huh guys? Just checked briefly and Tether is continuing to pump money into Abraxas Capital and Cumberland, at this rate tonight and tomorrow they will mint another 1B$, just enough money to meet the fund's demand. Pay attention to Abraxas Capital, this fund seems to be very reputable (buying $ETH continuously from 1k4, when the market adjusted recently, this fund bought heavily) The more it adjusts, the more funds are scooping up $BTC and $ETH .
At the beginning of the week, the beginning of the month, the red star is fierce. Luckily, the Sl settings were all matched, so we didn't get crushed, bros.
The bright spot of the market still revolves around the BSC system as CZ is shilling hard on X. Waiting for $ETH to see if it sweeps 4200, then let's hop on the train again. USDT.D and Dom are showing a bad trend, so be careful with long positions.
This adjustment I expect $ETH to reach the area of 4450, $BTC to reach 115000, this is a healthy adjustment so it will be nice. I hope Monday will return to the next uptrend.
In this wave, take the opportunity to look through some alpha stocks to see how they are doing, guys.
Long $BAS current price 0.0178 SL at 0.015x (about 5%) let's see, currently in a nice HT area.
Update $BTC The selling force at 113 is still very strong, right guys? :D. Today you can look to long at 109500 or around the 108k mark.
For me, I will prioritize watching at the 108k mark more because there is a strong support area here which will make the buying force stronger compared to being at 109k!
Short $BTC 113k is it okay guys :)))) just grab nearly 3k price, draw 2 lines correctly both. As for the $ETH , if anyone is watching short at the same time, then it has already gained more than 100 in price!
Now waiting to return to the range 109 108x, I will set up a buy position, which is nice, it probably won't match until next week because the volume is small at the end of the week!
Important news this week 🇺🇸: Tuesday: ISM - Manufacturing PMI
Wednesday: JOLTS Job Openings
Thursday: Number of Unemployment Claims
ADP - Non-Farm
ISM - Services PMI
Friday: Non-Farm Payrolls
This week, macro news will return, and the market is expected to be very active as several new data points will be released.
The focus this week will be the Non-Farm data for August, which is data that investors are extremely interested in, as it will determine whether the Fed will cut or maintain interest rates in the upcoming FOMC Meeting on September 18.