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Most of the #memecoins had a retracement today, such as $SHIB $BONK this movement is healthy because we where overbought and we need a retracement to be able to keep going to retest all time high levels of this meme coins. Now the #rsi looks better to keep with our upside trend. Will see what happens tomorrow with the economical reports #pce , and how the #fed will take it
Most of the #memecoins had a retracement today, such as $SHIB $BONK this movement is healthy because we where overbought and we need a retracement to be able to keep going to retest all time high levels of this meme coins. Now the #rsi looks better to keep with our upside trend.
Will see what happens tomorrow with the economical reports #pce , and how the #fed will take it
PCE better than market expectations. #fed may get happy with #pce at 0.2 for the month of April Hopefully the fed will increase the possibility to cut interest rate on September. In addition, the spending unexpectedly drop. The Fed will need more proofs that the inflation will increase to a slower pace to be able to cut rates finally and make the markets happy. The $btc move slightly higher, but after Wall Street opened when back to test the 67.800 level. The #rsi is at a level where we can see an opportunity tu the upside, I spect #BTC☀ will test the all time highs next week. Pay attention to $JASMY $SUI and $NOT they have very interesting news that will open a great possibility
PCE better than market expectations. #fed may get happy with #pce at 0.2 for the month of April Hopefully the fed will increase the possibility to cut interest rate on September. In addition, the spending unexpectedly drop. The Fed will need more proofs that the inflation will increase to a slower pace to be able to cut rates finally and make the markets happy.
The $btc move slightly higher, but after Wall Street opened when back to test the 67.800 level. The #rsi is at a level where we can see an opportunity tu the upside, I spect #BTC☀ will test the all time highs next week.
Pay attention to $JASMY $SUI and $NOT they have very interesting news that will open a great possibility
I published the entries for three times, which are accurate to the single-digit. I was afraid that you would miss these entries, so I published them for three times repeatedly. If you didn’t make money this time, syou can’t accuse me of being a secong guesser. The first entry price of short orders was published on the night when I posted my article, and I was short at 3482, and the price fell to 3353 on Saturday. The second entry price of short orders was 3524 and we successfully entered the market yesterday, hitting the second resisitance level I gave, and the current price is 3423 today. Some new followers don’ t get to know me and undertand my trading style, so I showed you my trading straetgies and best trading skill clearly.#Nonfarm #BinanceTournament #pce
I published the entries for three times, which are accurate to the single-digit.
I was afraid that you would miss these entries, so I published them for three times repeatedly. If you didn’t make money this time, syou can’t accuse me of being a secong guesser.
The first entry price of short orders was published on the night when I posted my article, and I was short at 3482, and the price fell to 3353 on Saturday.
The second entry price of short orders was 3524 and we successfully entered the market yesterday, hitting the second resisitance level I gave, and the current price is 3423 today.
Some new followers don’ t get to know me and undertand my trading style, so I showed you my trading straetgies and best trading skill clearly.#Nonfarm #BinanceTournament #pce
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The most important data in June is about to be released!!
The market movemnt is fluctuating greatly‼
BTC and ETH may face major changes in market situation‼
As mentioned before, the first resisitance level of ETH is 3482, and the second resisitance level is from 3516 to 3559. If ETH breaks through these resistance levels, the bulls are formed. If ETH moves in a pin bar pattern without breaking these resistance levels, the downward trend will continue.
This time, PCE is the last important data in June, which will play a key role in the Federal Reserve interest rates cut decision in July.
The overall market of Bitcoin has experienced a slow and continous decline for a month and then it fell below the 60,000. Currently, it has consoliadted with an osciliation after a rally to near 61,000. it is obvious that Ethereum’s movement is relatively stronger than BTC after an increase for three days. It also experiences an oscilliation in a narrow range. Only when the data to be released can the next major market will happen. According to the overall PCE data, the release of PCE datait may be a positive factor , so it is possible that the market will usher in a wave of increase after the release of PCE. Or it will quickly experience an upward trend in a pin bar pattern first then it will fall again. According to the previous market, however, PCE has repeatedly shown that if doing trade against its data, the data is a favorbale factor .#VaneckMemecoinIndex #PCE #BinanceTournament
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