Expected, but the vote was 10 to 2 and both Lisa Cook and Beth Hammack wanted another quarter point hike. Statement says inflation remains elevated and they want "more information" before the next move. Got this from the Federal Reserve's own statement, CNBC and Reuters covered it too.
For us traders the hold itself is old news honestly. The part that matters is the hawkish tilt. CNBC says futures are leaning toward a possible hike in December, so the dollar and yields can stay noisy.
$BTC barely flinched so far, sitting around 81k.
You guys think December hike is real or just talk?
$SOL tried again today and got slapped right at 103.7 😅
Thats the 4H EMA50 doing its job again, its been capping every bounce since the 120 top. Price now around 101.4, still stuck in this 99 to 103.5 box for like 5 days.
For me the floor is 100 then the 98.6 wick from Saturday. Lose 98.6 on a 4H close and honestly i think 95 shows up fast.
Flip side, a clean 4H close over 103.7 and it finally breaks the downtrend, then 105.7 is next.
Fed night so expect some silly wicks both ways. Anyone else just waiting for the range to break?
Quick heads up for anyone with a Coinbase account 👀
Coinbase says Amplitude, an analytics vendor they use, had a security incident that exposed contact info for a small subset of their customers. They say their own systems were not accessed and funds were not impacted. Info from Coinbase Support on X, also covered by CoinDesk and Decrypt.
Also that 70k users number going around? Coinbase told Unchained it's false.
Why it matters for us traders, leaked emails and phone numbers are where phishing starts. Fake "support" calls, fake withdrawal alerts, all that stuff.
Doesn't matter if your $BTC sits on Coinbase, Binance or a cold wallet. Nobody legit asks for your seed phrase or 2FA code. Ever.
SK Hynix token sat around 136 to 138 for days after that long bleed from 195. now it's 163, up almost 12% on the day and the last 4H candle closed right at the high on good volume.
memory chip names are getting bid everywhere, SNDKB moved this morning too.
for me 167 is the first wall, that's where it was stuck early October. a clean 4H close over it and 172 is next. if it falls back under 156 then today was just a chase candle and 148 comes back into play.
not touching it this extended honestly. anyone holding stock tokens on Binance?
$ENA just lost it this evening. down almost 7% on the day while most of the market is flat, so this one is its own problem
it sat in that 0.203 to 0.216 box for like four days and the last 4H candle just fell out of it, straight through both EMAs to 0.193. not a wick, a proper red close
for me 0.188 is the first spot to watch, then 0.184 where it bounced last week. if that goes the 0.174 low from Oct 18 is back on the table 😅
flip side, a 4H close back over 0.203 and this was just a shakeout
anyone holding ENA here or waiting lower?
not advice, just an evening chart look #ENA #BinanceSquare
$SUI finally doing something after almost a week stuck at 0.90 to 0.93
every dip near 0.90 got bought, now it crept up to 0.94 and sits right under the 4H EMA50 around 0.955. that line has rejected it the whole way down since 1.25 so honestly this is the real test
for me a clean 4H close over 0.96 opens up 0.99 area again. lose 0.92 and it's back to the same boring box, 0.90 retest probably
volume still kinda light tho 👀 anyone else watching sui here?
whole week it was stuck around 0.0767 to 0.078 after that 0.0748 wick on the 23rd. boring stuff honestly today it pushed through and its sitting near 0.0804, first time above the 4H EMA50 since the dump from 0.095 started
for me the real test is 0.081 and then 0.083, that zone rejected it twice already this month if it closes a 4H candle over 0.083 i'll take it more serious slips back under 0.0785 and its just another fake pop, back to the old range
Sandisk token spent most of last week stuck around 1230 to 1260 after that slow bleed from 1700 earlier this month. Yesterday it started climbing and this morning one big 4H candle took it from 1310 to 1368, now sitting near 1368 above both 4H EMAs for the first time in weeks.
For me the real test is 1400 to 1407, that area rejected it twice around Oct 20 and 22. A clean 4H close above 1407 and 1500 comes into view.
If it slips back under 1323 i'd call it a chip sector bounce that ran out of fuel, and 1280 is back on the table.
Big green 4H candle on the best volume since last Thursday, tagged around 0.0000049 and now sitting near 0.00000477 after a small pullback. Back above both 4H EMAs too, so the slow bleed from last week looks done for now.
For me the real test is 0.0000051. Last time it got there on the 23rd it got sold hard. Clean 4H close over that and i think it can finally push into fresh highs for the month.
If it slips back under 0.00000458 though, this was just one hot candle and i'd expect more chop around 0.0000044.
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since saturday's 4.25 wick it just sat in the 4.40 to 4.70 box doing nothing. last two 4h candles green and price is back over the 4h EMA20 around 4.57, now 4.63ish
problem is 4.70 is right there and the EMA50 sits on the same spot. rejected from that area twice already this week
for me a proper 4h close above 4.70 opens 4.87 again. if it fades back under 4.53 then its same old chop and 4.43 comes back
Been chopping 79.4k to 80.9k for like 3 days now, every dip under 79.8k got bought. Last 4H candle finally closed back over the EMA20 around 80.4k, first time in a while honestly.
Next thing in the way is the EMA50 near 81.1k, it rejected every bounce since the 84.5k top. Clean 4H close above 81.1k and I start looking at 82.9k.
If it slips back under 80k tho, this was just another range poke and 79.4k gets tested again 👀
Who's still awake watching this?
#BTC #Bitcoin #CryptoMarket not advice, just thinking out loud before sleep
3 days it sat stuck between 2297 and 2345, every bounce sold. this evening one 4H candle went 2312 to 2355 with decent volume and now its holding around 2352, back over the 4H EMA20
next thing in the way is the EMA50 near 2372, then 2406 which was the level it broke down from last week. a few 4H closes above 2345 and i think 2372 gets tested soon
if it slips back under 2330 tho this was just another fake pop and the 2297 floor comes back
For like 4 days it was stuck between 732 and 748, every push got sold, every dip got bought. Boring honestly. This 4H candle tagged 754 and now sitting around 750, first time above the EMAs with some real volume in a while.
For me 748 is the line now. If the 4H closes above it and holds, 758 is next and then I think the 780 area opens up. But if it slips back under 743 then this was just another fake poke out of the box and 732 comes back.
Anyone else watching BNB here or still sleeping on it?
remember $ZEC at midnight? i said hold 1210 and it gets another go at 1268 and 1278
well it held. dipped to 1212 this morning, buyers showed up again and now it's printing 1283, right through that wall
thing is this 4H candle isn't closed yet and volume is ok, not crazy. so i want a proper close above 1278 before i trust it. if that happens 1300 is next and then the 1350 area where it got dumped last week
if it slips back under 1265 and closes there, it was just another wick and i'm back to waiting 😅
anyone else been riding this one?
#ZEC #Zcash #Altcoins not financial advice, i could be wrong too