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โณ Only 30 minutes left until the FOMC minutes release!
Letโs see if the bulls can take the stage this time ๐๐ฅ
#FOMCMinutes
#crypto
#bitcoin
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bullornothing
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Powell Speech โ Aug 22, 16:00 UTC Todayโs Fed speech could have a major impact on the markets โ donโt miss it! Markets are watching closely for any hints on inflation and future interest rate policy. Personally, I lean towards a positive outcome, but opinions are divided. #PowellSpeech #CryptoNews #Fed $BTC $ETH $SOL
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๐ BNB smashes a new ATH at $881! Bulls eyeing $950โ$1000 next ๐๐ฅ BNB sets a new ATH today! ๐ $881.3 is now the highest peak. On the daily timeframe, a potential bullish engulfing flag is forming (still ~1h 20m left for confirmation). If this candle closes strong, it could be a solid signal for bulls targeting the $950โ$1000 zone. โ All EMAs are supporting the bullish structure. Not financial advice, just sharing my thoughts as I learn. I could be wrong โ always make your own research #BNBToken $BNB #BNBATH880 #crypto
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Whatโs going on with Bitcoin in the last 6 days? Is there a chance to change the trend? On August 14th, BTC hit its ATH โ which triggered heavy profit-taking and pushed the price down. ๐ 1H timeframe shows a clear resistance trendline. Since ATH, price tried to break it 3 times but failed. Support around $112K is holding well, but soon there will be a moment of choice. If my prediction is correct, on Aug 22nd around 4 AM (UTC) the support trendline and resistance trendline will cross. If nothing changes before then, we could see a big move โ either a breakout to the upside or another strong leg down. For now, selling pressure still dominates, but I think this correction could be setting the stage for another big push upward. ๐ Technical view Daily timeframe EMA 100 sits at $110,525 โ could act as strong support to stop the bearish structure. EMA 20/50 remain above the price โ which increases the risk of losing the $112K support and testing EMA 100 or even the $110K zone. 1H timeframe All major EMAs (20/50/100) are above the price โ not a good setup for bulls at the moment. โก Todayโs FOMC Minutes could be the catalyst: A dovish tone โ chance for bulls to flip the trend. A hawkish tone โ selling pressure likely continues. What do you think โ is this consolidation before a bigger move up, or are we heading deeper into the downtrend? Not financial advice, just sharing my thoughts as I learn. I could be wrong โ always make your own research #FOMCMinutes #bitcoin $BTC
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Today at 18:00 UTC - FOMC minutes! Thereโs still some time to go, but todayโs FOMC minutes could shake up the market. Soโฆ we wait ๐ Iโll be posting about 30 minutes before the release โ letโs hope for some good news. Bulls, itโs your time to shine! ๐๐ฅ #FOMCMinutes #crypto #bitcoin
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Is this the last bastion for PROVE token? Strong selling pressure is raising doubts about the possibility of a bullish breakout. ๐ Technical view Daily timeframe โญ Fair Value Gap (FVG) formed between Aug 8โ10, with mid-zone support at $1.202. Hourly timeframe โญ RSI around 26 (oversold) โ potential for a short-term bounce. ๐ข Candles are showing increasing lower wicks โ a sign of active buyer defense. โ All major EMAs (20/50/100/200) remain above the price โ bearish structure still intact. The $1.202 support zone may be the final line before deeper downside โ or the springboard for a rebound. The last candle closed above support with a long lower wick, which theoretically suggests a potential bounce due to a possible hammer pattern (a bullish reversal signal). However, Iโm waiting to see how price action develops in the near future before making any conclusions. #prove #Succinct $PROVE
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