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Teshkid is Crypto
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$FTM
BREAKOUT IS IMMINENT, BUT THIS COULD HAPPEN FIRST [GET READY NOW]
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#ftmpump
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𝗧𝗛𝗜𝗦 𝗪𝗘𝗘𝗞 𝗪𝗜𝗟𝗟 𝗕𝗘 𝗧𝗛𝗘 𝗠𝗢𝗦𝗧 𝗜𝗠𝗣𝗢𝗥𝗧𝗔𝗡𝗧 𝗙𝗢𝗥 𝗕𝗜𝗧𝗖𝗢𝗜𝗡 𝗔𝗡𝗗 𝗖𝗥𝗬𝗣𝗧𝗢 🚨 THERE ARE 2 MAJOR EVENTS TAKING PLACE THIS WEEK WHICH WILL DIRECTLY IMPACT YOUR CRYPTO PORTFOLIO 1) US ELECTION (6TH NOVEMBER) THE US ELECTION HAS BECOME THE TALK OF THE TOWN SO FAR, TRUMP IS TAKING THE LEAD ON SEVERAL BETTING PLATFORMS. THE CRYPTO MARKET IS ALSO ANTICIPATING TRUMP'S WIN BECAUSE OF A FEW REASONS - TRUMP HAS ANNOUNCED NOT TO SELL BTC SEIZED BY THE US GOVERNMENT - HE'S ALSO PLANNING TO REMOVE CAPITAL GAIN TAXES (IT'S STILL A RUMOUR THOUGH). IF TRUMP WINS, THE CRYPTO MARKET WILL ENTER THE BIGGEST BULL RUN 2) FOMC MEETING (7TH NOVEMBER) FOR THE FIRST TIME SINCE 2022, MARKET IS LEAST FOCUSED ON FOMC MEETING BUT THAT DOESN'T MEAN IT'S NOT IMPORTANT. RIGHT NOW, THE MARKET IS PREDICTING A 99.7% PROBABILITY OF 25 BPS RATE CUT. WHAT'S EVEN MORE BULLISH IS THAT INFLATION IS TRENDING DOWN SINCE ITS PEAK AND UNEMPLOYMENT IS BACK TO 4.1% BOTH THESE THINGS COULD PUSH FED TO BE MORE DOVISH, WHICH WILL HELP CRYPTO MARKET REGAIN ITS BULLISH MOMENTUM. SO MARK YOUR CALENDARS AS THIS WEEK IS GOING TO BE CRAZY.
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$APE is breaking down after an aggressive rally making a high above $1.7688. The rally was in an Elliot wave 1. The breakdown move at the moment is a corrective structure in a wave 2. Targets lie in the golden pocket between $1.1203 -$0.7493. On holding the golden pocket watch for a rally back above $1.0 and $1.20 which will be the start of a wave 3, which can get us back above $2.0.On loosing the golden pocket that will be mega bearish having $0.6274. #ApeCoin
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$ADA A has broken down after a rally making at high at $0.3643. The breakdown move has managed to hold support in the golden pocket between $0.3392 -$0.3333. On holding this support zone watch for a rally to $0.3643 and on breaking that high watch for a rally to $0.40 as the next targets.On loosing the golden pocket watch for a breakdown move to $0.3141 which is the low made on the 25th of October. On loosing that low then $0.3032 and $0.2753 will be my next targets. #ADABullish #adabear #CardanoPredictions $
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$ENA is stuck between support ($0.3429) and resistance ($0.3992). On holding support watch for a bounce to resistance and on breaking $0.3992 will be bullish having $0.4633 as the next targets.On loosing support, watch for a breakdown move to $0.2774 which is the next support line. On the worst case scenario if we loose $0.2774, then $0.2041 will be my next breakdown target.
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$GALA has broken down to the lower side after getting a breakout out of the ascending channel. $0.01846 is holding as support. On holding that support line watch for a bounce back above $0.022. In case of another breakdown move loosing support at $0.01846 then expect lower prices having $0.01574 as the next targets. #GalaGames #tonecoin
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