US Fed Meeting LIVE Updates: The US Federal Reserve is expected to lower its benchmark interest rate by 25 basis points at the conclusion of its two-day meeting on December 18. This would mark the third consecutive rate cut, bringing the federal funds rate to a target range of 4.25%-4.5% from the current 4.5%-4.75%.
Guys, I'm sincerely sorry to everyone, but I'm exhausted. I try to respond to every comment, especially if it's an important question. However, when I read the comments, it's disheartening to see that despite providing profitable signals daily, people still comment negatively. It's frustrating, but I guess it doesn't matter.
The truth is, providing signals requires a lot of effort. I spend the entire day in front of charts, searching for trades, and then sharing them with you. What do I get in return? Just a simple 'okay'. I hope you all stay healthy, gain more profits, and find a good trader. Honestly, I don't consider myself a good trader; I'm just a bad one trying to help.
Guys, I'm sincerely sorry to everyone, but I'm exhausted. I try to respond to every comment, especially if it's an important question. However, when I read the comments, it's disheartening to see that despite providing profitable signals daily, people still comment negatively. It's frustrating, but I guess it doesn't matter.
The truth is, providing signals requires a lot of effort. I spend the entire day in front of charts, searching for trades, and then sharing them with you. What do I get in return? Just a simple 'okay'. I hope you all stay healthy, gain more profits, and find a good trader. Honestly, I don't consider myself a good trader; I'm just a bad one trying to help.
Well said bro. I saw those comments and it's very frustrating. Most of the newbie don't know what is risk management. Don't be upset. let me know if i can join with you with my 5digit portfolio. Awesome Signals. No Doubt. Die Newbies Die.
Itachi trader
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Bearish
Guys, I'm sincerely sorry to everyone, but I'm exhausted. I try to respond to every comment, especially if it's an important question. However, when I read the comments, it's disheartening to see that despite providing profitable signals daily, people still comment negatively. It's frustrating, but I guess it doesn't matter.
The truth is, providing signals requires a lot of effort. I spend the entire day in front of charts, searching for trades, and then sharing them with you. What do I get in return? Just a simple 'okay'. I hope you all stay healthy, gain more profits, and find a good trader. Honestly, I don't consider myself a good trader; I'm just a bad one trying to help.
Well said bro. I saw those comments and it's very frustrating. Most of the newbie don't know what is risk management. Don't be upset. let me know if i can join with you with my 5digit portfolio. Awesome Signals. No Doubt. Die Newbies Die.
Itachi trader
--
Bearish
Guys, important update: please listen carefully. Firstly, I won't provide any more signals, okay? The reason is that today, five of my signals were profitable, and one signal hit the stop-loss (SL). Some people are saying that a particular coin's SL was hit, but I had posted about it two hours ago that its target three was achieved and it was heading towards target four. You should have closed the trade and taken the profit. Those who held on did so at their own risk, and it's not my responsibility. Target three also had a good profit, but they chose to hold on.
Now, about sharing profits: nobody shares their profits, but when there's a single SL hit, everyone starts commenting about it. Yesterday, six signals were profitable, and the day before, four signals were profitable. Every day, so many signals are profitable, and I post them for free. Who else posts such profitable signals for free? Despite this, I still hear complaints. So, I'm telling you, I won't provide any more signals.
Well said bro. I saw those comments and it's very frustrating. Most of the newbie don't know what is risk management. Don't be upset. let me know if i can join with you with my 5digit portfolio. Awesome Signals. No Doubt. Die Newbies Die.
Itachi trader
--
Bearish
Guys, important update: please listen carefully. Firstly, I won't provide any more signals, okay? The reason is that today, five of my signals were profitable, and one signal hit the stop-loss (SL). Some people are saying that a particular coin's SL was hit, but I had posted about it two hours ago that its target three was achieved and it was heading towards target four. You should have closed the trade and taken the profit. Those who held on did so at their own risk, and it's not my responsibility. Target three also had a good profit, but they chose to hold on.
Now, about sharing profits: nobody shares their profits, but when there's a single SL hit, everyone starts commenting about it. Yesterday, six signals were profitable, and the day before, four signals were profitable. Every day, so many signals are profitable, and I post them for free. Who else posts such profitable signals for free? Despite this, I still hear complaints. So, I'm telling you, I won't provide any more signals.
🏓There is a 99% probability that the interest rate will be reduced by 25 basis points. ♾What really matters is what Powell has to say at the FOMC conference.
The US Federal Reserve is expected to lower its benchmark interest rate by 25 basis points at the conclusion of its two-day meeting on December 18. This would mark the third consecutive rate cut, bringing the federal funds rate to a target range of 4.25%-4.5% from the current 4.5%-4.75%.
I think the market might dip a bit when the new week starts tomorrow, so today we're gonna set up some shorts for quick trades, and I'll share some long setups for swing positions as limit buys.
{ This update was referenced by observing the total 2 : crypto market cap excluding BTC! }
The Bitcoin (BTC) bull move could soon run wild, bringing a steep multi-week uptrend in the leading cryptocurrency.
"That's the message from bitcoin's 14-week relative strength index (RSI), a momentum indicator used to measure the speed and change of price movements. The indicator has crossed above 70, a threshold that marked the FOMO (fear of missing out) phases of the mid-2019 and late 2020 bull runs. These FOMO phases are characterized by both retail and savvy traders pouring money into an already-trending asset in fear of missing out on a significant opportunity.
Developed by J. Welles Wilder, the RSI measures the speed and change of price movements and oscillates between zero and 100. The default period for calculating RSI is 14 days, but traders use 14-week and 14-month RSIs to gauge long-term momentum. A reading above 70 is often erroneously taken to represent overbought conditions and a sign of an impending bearish reversal. However, per technical analysis textbooks, an above-70 RSI, especially on longer duration charts, suggests bullish momentum is strong and the asset could continue to rally in the weeks ahead, similar to what happened in 2019 and 2020.
To paraphrase a Wall Street saying, indicators can stay overbought longer than bears can stay solvent.