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#ach/usdt Price is currently testing the resistance of a descending triangle pattern on the 4-hour timeframe👀 A breakout from this pattern could trigger a 50-60% bullish move🚀

#ach/usdt
Price is currently testing the resistance of a descending triangle pattern on the 4-hour timeframe👀
A breakout from this pattern could trigger a 50-60% bullish move🚀

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⚠️ Jerome Powell (head of #FED ): ✔ The US economy is performing very well. ✔ The labor market is strong (as before the pandemic), there are signs of cooling. ✔ Households are currently in positive financial condition. ✔ Consumer spending is high, business investment is strong. ✔ Supply and demand are also returning to a better balance. ✔ In the fight against inflation, we need to be patient and let the Fed's monetary policy do its job. ✔ I expect GDP growth of 2% or higher. ✔ There was no progress in disinflation in the 1st quarter. ✔ My confidence in a rapid decline in inflation is now lower than it was before.

#LSK/USDT An ascending triangle pattern has formed and is primed for a potential breakout, with a successful breakout expected to trigger a bullish move🚀

🇺🇸 Today is a rare case - the PPI (provincial inflation) report will be released a day EARLIER than the CPI (consumer inflation) report. “PPI + CPI macro data has a very strong correlation. Failure of PPI to meet expectations may cause a larger (than usual) reaction in the markets.”

#CHR/USDT ANALYSIS CHR is currently moving within a falling wedge pattern, nearing a breakout point where the 100-day moving average (MA) is also serving as resistance. A strong breakout from the falling wedge would confirm bullish momentum.

🗓️2024 Crypto May Calendar <BI-WEEKLY UPDATE> 15 May : U.S. - CPI 15 May : $ACE - Ace Arena Launch 16 May : Coinbase Future - JUP·TNSR·JTO Listing 16 May : $NOT - Binance/OKX/Bybit listing 17 May : $CRE - Suspension of Trading (Upbit) 17 May : $LSK - Suspension of Deposit/Withdrawl (Upbit) 20 May : $GLMR - Moonrise Release 20 May : $IRIS - IRISnet Mainnet 3.0 21 May : $LSK - Migration Snapshot 21 May : $CHZ - Dragon8 Hard fork 22 May : $NVDA - Earnings 23 May : VanEck - ETH ETF Approval deadline 23 May : Ark 21Shares - ETH ETF Approval deadline 24 May : FET·AGIX·OCEAN - $ASI Launch 24 May : $BONK - OpenBook user sell pressure ends 27 May : $SOL - V1.18 Upgrade 27 May : $FLOKI - Major Announcement 28 May : $ILV - Openbeta testnet 29 May : $BNB - Serengeti Hard fork 31 May : $ETC - Halving 1 June : $RBX - $BFC Airdrop snapshot 🌥️Major Announcement $DESO - PoS Mainnet $EOS - New tokenomics $FTM - Opera Upgrade $DMAIL - Airdrop Season 2 $SSV - Lido x SSV DVT Testnet $STG - Stargate V2 $MAV - Maverick V2 $MTL - Metal L2 Transition

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