Know your market session by Black chen
GMT+8
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Asian Market Session

"7am - 3pm"
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London Market Session

"3pm - 9:30pm"
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New York Market Session

"9:30pm - 4am"
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Congratulations!!! Binance reached 200M users
Keep building , keep moving forward !!!

GIGA BULLISH !!!

#Binance200M

$FTM

seems it reached its bottom.
risk is very low current price near invalidation point.

not financial advice 🔥

$BTC

📉 The market failed to hold and could drop to 56k.

🔍 A hidden bearish divergence on the daily timeframe, combined with an ongoing bearish harmonic pattern, suggests it might hit the 60%-78% Fibonacci levels.

📈 The 50% level is already hit, so a bounce play is possible. Each Fibonacci level remains a potential bounce point.

📉RSI on daily time frame suggest it can still drop.

$BTC
☠️Risky set up
📈BTC buy signal not financial advice 🔥

✅entry 64000
🎯tp max 68000
🙅stoploss 62200
failure to hold stoploss I'll result to a bearish revisit prolly at 58k

📊The chart is used with my personalized indicator
-market scanner
-frame to frame scanner
-buy and sell signal

good for scalping too
for queries 🤙 link in my binance square bio ☝️☝️☝️☝️

#BTC☀ #btcupdates2024 #bitcoin☀️

$BTC

The support level holds the price drop leaving a long wick behind.

lower frame printing bullish here are the prices and stoploss see photo for details.

not financial advice 🔥

$BTC
📈
🛑65280
🎯69300
🙅💵🧑‍🎓

FOMC result 5.5% flat sticky.
trade the normal bias

after few hours market will calm down and move to it's ideal direction
#fomc

What is FOMC and it's impact to the market?

The Federal Open Market Committee (FOMC) is a branch of the Federal Reserve responsible for setting monetary policy in the United States. The FOMC meets regularly to determine interest rates and other monetary policy measures aimed at promoting maximum employment, stable prices, and moderate long-term interest rates.
Effect on the Crypto Space:

1. Interest Rates:When the FOMC raises interest rates, it often leads to a stronger U.S. dollar and tighter financial conditions, which can result in reduced investment in riskier assets, including cryptocurrencies. Conversely, lowering interest rates can increase investment in cryptocurrencies as investors seek higher returns.

2. Market Sentiment:The FOMC's outlook and statements on the economy can significantly impact investor sentiment. Hawkish statements (indicating tighter monetary policy) can lead to market uncertainty and reduced risk appetite, while dovish statements (indicating looser monetary policy) can encourage more risk-taking.

3. Liquidity:Changes in monetary policy affect the overall liquidity in financial markets. Tighter policies can reduce liquidity, making it harder for markets, including crypto, to absorb large trades without significant price changes. Looser policies can increase liquidity and support higher asset prices.

4. Inflation Concerns:The FOMC's actions to combat inflation can affect the attractiveness of cryptocurrencies. If inflation is high and the FOMC is perceived as ineffective, some investors may turn to cryptocurrencies as a hedge against inflation.

5. Correlation with Traditional Markets: Cryptocurrencies often move in correlation with traditional markets in response to FOMC decisions. For example, a sell-off in equities following a hawkish FOMC announcement can lead to a simultaneous decline in cryptocurrency prices.

Overall, FOMC decisions and statements are closely watched by cryptocurrency investors, as they can have significant short-term and long-term effects on the market.

$ETH

Update
✔️🎯MAX TP HIT
my tip jar is always open 😇

congratulations you deserved your profits enjoy it 🥳.

$ETH
update
IDEAL tp hit secure your profit its on trendline might see a rejection on it or a breakout to the upside decide if you hold or take all profit ❤️ congrats

ETH

🔼LONG SCALP

Entry ideal 3254.79
Mid entry ideal 3369.5

Tp1 ideal 3299.36

Max tp 3325

🔴Stoploss 3229.7

updated entry 1 🎯 hit

not financial advice

$BTC

I highly recommend waiting for a short set up

current low wick of he 4hr candle is at the Fibonacci level sequence of 60 while price can till drop down to Fibonacci level of 78-80 which is the most ideal entry for buyers.

however the upcoming FOMC might catch you off guard so I highly suggest to wait for a single trade which is shorting.

but if ever you really want to ride the bull trend 78 Fibonacci level is the ideal entry while stoploss will be below 63410

not financial advice 🔥

$BTC

if you're a follower then I believe you saw my post well congrats to you 👌✅

precisely spotted set up.

$BTC

It might hit 70300 but the market is already over bought since last week.

it's a matter we ATH now and fly
or
we FOMO and get caught off guard by a retracement.

above all your decision will still be your decision.

you can check the volume for yourself on the daily time frame.

not financial advice.

$BTC
coming events:

FOMC soon!

Posting in advance in case some don't know

count down timer: 109h.58m from the time of posting

uncle Powell will greet us another good day with a safety helmet on.

$BTC

incase breakout to the upside mark this price at 70468.6

$BTC

Comparison:
Large frame and lower frame.

both are forming the same structure.

take note that both frames have lower ideal targets that are not yet mitigated by the market from 66k-58k

while above is the same with the upper price target at 70k-74k which is the current target of bulls. now it will depend on who is the stronger; sellers or buyers.

not financial advice.

$SOL

Double bottom?

in contrary to my bearish chart on sol
here's my macro POV.

it is ideal for buyers to wait at 210 while others can risk buying a 188.
I highly suggest waiting for a solid body candle at the above-mentioned price.

while redlines are support and resistance

not financial advice

$BTC

DOJI daily time frame meaning:

daily candle indecision candle a 50 50 scenario can happen but we already know what price to monitor we all need to wait for a breakout

4hr frame printing bullish
while
1hr frame printing bearish

resulting to a doji candle in a daily time frame

the next 4 candle on 1hr frame will slowly indicates us where market want to go

not financial advice

#BTC☀ #btcupdates2024