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JUST IN: US inflation falls lower than expectations with a rate of 2.9%.
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$NEIROETH M30 Added Confluence for Upward Bounce. Bearish ABCD with predicted next leg towards the the 62% Fib level. Pattern invalidation if price goes below $0.1551. 25% key resistance trendline breakout from local high to recent low measurement. Bullish NT. EMA curving, teasing GX. Above EMA200. HARSI upward movement but still has not entered overbought zone, potential further push upward.
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$NEIROETH H1 Golden Zone Bounce Idea. Recent uptrend's golden zone has its market possibly bouncing on the 62% Fib level, which is also where the VAL is situated. Above EMA200. Mitigation of local resistance could lead to POC breakout. HARSI showing bounce off the oversold area.
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$BNX M15 Bullish Idea. Bullish NT. EMA GX. Market hovering the POC. Trying to break 62% key resistance trendline. If $1.5008 is broken, expect test of VAH and 75% key resistance trendline. Looked like a cup was recently formed; watching for a handle formation. Due for a correction, possibly short-term since HARSI is showing overbought status.
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Total Crypto Market 24H Liquidation (9/12/2024, 12:28 AM UTC+10) đŽLONGS: $104.75M đąSHORTS: $51.68M A total of 44,023 traders got liquidated, resulting in total liquidations amounting to $156.43M. Notably, the largest single liquidation order, valued at $11.82M, occurred on Binance for #ETH/USDT.
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BREAKING NEWS: U.S. inflation drops to 2.5%, coming in below expectations. This is bullish news, and let us see how the market reacts to it. Brace yourselves.
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