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memecoin meningkat......🚀
#mememcoinseason2024
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PPI not a bad start. Coming in slightly below which I think is good. Gives the Fed room to start cutting (this would not be great if we'd get hot inflation reads). But also not going into the negative where we'd have to start getting afraid for deflation yet. CPI tomorrow.
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Works like a charm (most of the times). Moves can be small or large depending on the data release but generally this pattern works quite well. Can make for some decent scalps. 1. Market moves into one direction initially. Depending on if the data is "good" or "bad". 2. Comes back to sweep the candle from the data release. 3. Goes back to the initial direction and continues on. And yes, I went on the 30s candle chart here to visualize it best. This was just PPI so the move wasn't large. We tend to see similar things on CPI which often causes much larger (and slightly slower) whipsaw moves.
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Trump makes his first post on X in about a year and all markets sell off. Guess people are just selling to donate 😆#CryptoMarketMoves #WBTCUnderScrutiny #SahmRule #BlackRockETHOptions #Babylon_Mainnet_Launch
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With this volatile price action it's pretty funny to see the timeline go from bull to bear and back every few hours. People getting chopped up hard before easy mode is returning. Loving the volatility myself but it's good to give your stops extra room not to get wicked out. #CryptoMarketMoves #WBTCUnderScrutiny #SahmRule #BlackRockETHOptions #Babylon_Mainnet_Launch
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$TON Had a strong recovery and ended up holding the Daily 200MA (Purple) as support. Still trading within this bigger $4.6-$7.5 range. Key too break that upper restistance to get back into price discovery. #ToncoinSurge #CryptoMarketMoves #WBTCUnderScrutiny #MarketDownturn #SahmRule
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