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Economic releases this week 👀 #CPI #feds #pmi
Economic releases this week 👀
#CPI
#feds
#pmi
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Pullback entry at ~0.0242 reached ✅ Nearest $JASMY TP hit ✅ Went up by 83% Next TP at 0.0494 stays valid.
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📉 #Bitcoin Daily 📈 Bitcoin dipped into the nearest liquidity pool I marked yesterday and same move was a trendline re-test. Chances for revisit of daily 20sma stay high, although at current stage $BTC remains within uptrend and current lower timeframe structure reminds of bull flag consolidation. But since bull flag is basically a range, we may expect #BTC to swing within that narrow range for some time before breaking in one of directions. All major economic events (CPI, Inflation rates and FOMC) will take place on Wednesday (June 12th), so till then market will be in cautious mode, preparing for higher volatility. Nearest liquidity pools: above - 71940 / 72342 / 72990 / 74136 below - 70670 / 69540 / 68470 / 67800 Lines on the chart: 🔸73881 - ATH 🔸71363 - March close 🔸70393 - last W VAH 🔸68540 - week close 🔸67577 - May close 🔸66239 - last week open 🔸64025 - last April week close Trend: D 🔼 W 🔼 M 🔼 🤑 F&G: 77 < 78 < 75 < 73 < 73
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$PYTH entry under 0.4115 👌🏼 Possible pullback to ~0.44 if close day same - bounce from there will be able to continue growth fast. Risk Reward levels for this setup were: R1 - 0.4711 (SL to BE) R2 - 0.5306 R3 - 0.5901 R4 - 0.6496
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$BB dipped down to 0.56 and bounced - went up by 57% from that dip. Remains within slow uptrend. Short term expect bounce to 0.796-0.816 Long term may breakout higher and continue exploring new ATH - in this case no certain targets as no natural resistance there. But we we plot Fib and measure bull flagpole length it will lead to ~1.25 as potential target for another #BB leg up 😉
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$PEPE went up by 126% after original post 🚀 Good chances we will see another leg up from here. #PEPE #mememcoinseason2024
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