#Crypto Technical analyses ✍️- trading IDEAS 📈 | 🏂| Not a financial advice❗️ -Twitter: @CryptoJobs3- 🎯 My charts should help you for your own trading! 💎
- US equity futures wavered as markets head into a crunch period, with key inflation data on Wednesday followed by interest-rate decisions on both sides of the Atlantic.
- Contracts on the S&P 500 posted small moves to trade little changed after the underlying gauge rose 1.2% on Monday, rebounding from its worst start to the month in data going back to 1953.
- Benchmark Treasury yields rose a second day, while the dollar held Monday’s gains.
- The market mood is cautious as investors look to balance US recession fears and the likelihood of a soft landing, amid worries the Fed may be falling behind the curve as the labor market cools.
- Meanwhile, US political risk is back at the forefront, with former President Donald Trump squaring off in a debate with US Vice President Kamala Harris later Tuesday.
- Hedge funds have been unwinding their positions to get cash ready for volatility ahead of the Nov. 5 vote, according to Goldman Sachs Group Inc. data.
-A bullish retest has been made exactly on the 1.240$ level 📈 -Possible Cup & Handle [H4]📈 -The price is also consolidating above the 175 days fallwing wedge!
As long as $FET price hold above the 1.180$ [POC point] and uptrend a new run up toward 1.700 or even 1.900$ could happen 🚀 [mid term]
A break of the ($1,450-1.460$) zone would release a huge bullish potential towards $1,700!📈
If the price drops because of Bitcoin, I'll accumulate around $1,120 and $0,950!
The daily price remain bullish with a nice breakout daily 📈 Regarding the current price, it's neutral & highly overbuy!⚠️ There are 2 major supports to watch on: 0.01500 and 0.014350 $
I think that it will consolidate here before another run! A lot of pump and dump may be see! [Scenario 1📈]
Scenario 1: 📈 If the price keep consolidate above those level, then a pump toward the 0.01900$ will be see 🚀
Scenario 2: 📉 A breakout of the 0.014350$ support & if the trend support canno't hold, then prices will revisit the 0.0128 - 0.0125$ zone! Monitor the blue box in my chart :)
-A bullish retest has been made exactly on the 1.240$ level 📈 -Possible Cup & Handle [H4]📈 -The price is also consolidating above the 175 days fallwing wedge!
As long as $FET price hold above the 1.180$ [POC point] and uptrend a new run up toward 1.700 or even 1.900$ could happen 🚀 [mid term]
A break of the ($1,450-1.460$) zone would release a huge bullish potential towards $1,700!📈
If the price drops because of Bitcoin, I'll accumulate around $1,120 and $0,950!