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bakeusdt
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therealcryptojk
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Bullish
#BAKEUSDT 4H LONG Setup Idea
Market trading above yellow ninja thread, color change to blue for bullish momentum detection imminent.
Most of the alts took a dip earlier, but $BAKE remained its composure, not even going below its POC again.
An upside breakout of the triangle pattern will send it to a golden zone entry, possibly touching the 79% Fib level.
Oscillator's blue and yellow lines are above the median, blue curving with a bullish cross imminent.
Key break points to WOF:
âą $0.2819
âą $0.2990
âą $0.3249
Market trading above yellow ninja thread, color change to blue for bullish momentum detection imminent.
Most of the alts took a dip earlier, but $BAKE remained its composure, not even going below its POC again.
An upside breakout of the triangle pattern will send it to a golden zone entry, possibly touching the 79% Fib level.
Oscillator's blue and yellow lines are above the median, blue curving with a bullish cross imminent.
Key break points to WOF:
âą $0.2819
âą $0.2990
âą $0.3249
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The Fed meeting is today, ,
At the moment, the expectations are as follows:
â« ~64% - the rate will be reduced by 0.50%.
â« ~36% â the rate will be reduced by 0.25%.
Unexpectedly, the market expects a 0.50% decline, which is not fully priced in. Therefore, such a move by the Fed could trigger a short-term rise in the market. But 0.25%, given market expectations, could, on the contrary, lead to a short-term decline.
At the same time, former head of BitMEX Arthur Hayes said from the stage of Token2049 that the Fed will collapse the market by lowering the key interest rate.
What are your expectations?
The rate will be reduced by 0.25% âđ„
The rate will be reduced by 0.50% â đ
Pause / raise âđ±
#FOMC #BinanceLaunchpoolHMSTR #Token2049 #NeiroOnBinance #USRetailSalesRise
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