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#CRV First target hit 🎯
#CRV
First target hit 🎯
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CryptoSkullSignal
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#CRV/USDT
SHORT 10x
Entry: 0.640 - 0.6556
Targets
0.6330
0.6245
0.6165
0.6110
0.6051
0.5970
Stop: 0.6700
Use 5% funds only
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📰May CPI Inflation Expectations: 1. Kalshi: 3.4% 2. Goldman Sachs: 3.4% 3. Wells Fargo: 3.4% 4. Morgan Stanley: 3.4% 5. FactSet Consensus: 3.4% 6. Bank of America: 3.4% 7. Barclays: 3.4% 8. Citi: 3.4% 9. TD Securities: 3.3% Just about everyone is expecting 3.4% CPI inflation, in-line with April's inflation numbers. However, there is a 17% chance that inflation comes in above 3.4%, according to prediction markets, marking another jump in inflation. What happens if inflation rises to 3.5%+? If inflation rises again in the May CPI numbers, the Fed is going to be in a difficult spot.
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🚨⚡Today Im Going To Tell You About 👇 •Rounding Bottom Pattern A rounding bottom chart pattern can signify a continuation or a reversal. For instance, during an uptrend an asset’s price may fall back slightly before rising once more. This would be a bullish continuation. An example of a bullish reversal rounding bottom – shown below – would be if an asset’s price was in a downward trend and a rounding bottom formed before the trend reversed and entered a bullish uptrend. Traders will seek to capitalise on this pattern by buying halfway around the bottom, at the low point, and capitalising on the continuation once it breaks above a level of resistance.
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All eyes are on the data and the Fed's reaction which is now less than 12 hours away.
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LDO/USDT SPOTS SIGNAL Entry : 1.8500-1.6200 Targets 1.9450 2.1300 2.3700 2.7400 Stop if 4H Candle close below 1.500
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📌In The Next Few Days From Today We Will Learn Chart Patterns Today I'm Going To Tell You About •Head And Shoulders Pattern Head and shoulders is a chart pattern in which a large peak has a slightly smaller peak on either side of it. Traders look at head and shoulders patterns to predict a bullish-to-bearish reversal. Typically, the first and third peak will be smaller than the second, but they will all fall back to the same level of support, otherwise known as the ‘neckline’. Once the third peak has fallen back to the level of support, it is likely that it will breakout into a bearish downtrend. #Educational post #bitcoin #eth #not #high
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