Powell isn’t going to cut rates too soon. At least not in th | CRYPTO MECHANIC on Binance Square

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Powell isn’t going to cut rates too soon. At least not in the next meeting. 

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Let’s Learn Break Of Structure And Liquidity Sweep/ Fake out I get asked this question a lot or most of the traders don’t even know what a fake-out is. So I thought to make a post on it and teach you the difference between a break structure and a liquidity sweep. This will help you to identify false market structure shifts and to get on the right side of the trend. A break of structure: (See the chart for example) - Will usually be on the direction of the overall trend you are trading. - It will break a structural point with clear momentum and continue to trade above or below that break depending on if the trend is bullish or bearish. A liquidity sweep or a fakeout ( See the chart for example ) - Will usually be in the opposite direction of the overall trend of the timeframe you're trading. - The sweep will break out of structure / a zone and then quickly trade back inside the structural point that was broken. it can be just a wick and sometimes one or a few candles closes above the zone and then drop back inside it. Both of these are trade able. Use the first one to continue to ride the trend Use the fake-outs for your counter trend trades or expect market to give you some corrections as long as that fake-out area hold. Keep Learning & Let me know if you have any questions.

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That's a clean fakeout on $SOL Solana losing strength because Ethereum has it all?

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Key LTF zone Ethereum should hold imo if there is more room in it. From where this zone came? Its the peak of the move that came after trump Announced crypto strategic reserves US. As long as price holds above it short term, We can expect more upside from ethereum and some Alts as well. Just in case price drops below it and holds I’d expect some correction on Ethereum and the rest of the market.

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Some of you are asking me if i am buying for long term. No there is no such thing for me when it comes to Altcoins i got in just to play a good move because i see the strength in maket. I have no plans to hold any Altcoin for long term, I will keep taking my profits on spikes. Like i am sharing on my profile.

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Ethereum Going well so far and Alts following as well. $2800 - $3100 is key zone. A lot of bagholders/Liquidity sitting in that zone. If price goes into that zone this week or next i will be taking profit across the board and then reevalute everything later. Not saying price will go there but that is my exit plan. On LTF $2500-2550 is key support, As long as price holds above it we can expect $ETH continues to show strength.

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