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CRYTOWARRIOR
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Bullish
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ATOMUSDT
Perp
1.957
-1.55%
ATOM
⚛️ LONG
ENTRY PRICE 4.5
TP 7/12/15/20
SL 3
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BIG WEEK INCOMING: • Tuesday (Sept 9): U.S. Non-Farm Payrolls Annual Revisions • Wednesday (Sept 10): U.S. PPI (Producer Price Index) • Thursday (Sept 11): U.S. CPI (Consumer Price Index) & ECB Rate Decision EXPECT HIGHLY VOLATILITY!
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TOTAL What Now? TOTAL the crypto market cap, has recently broken out of its bearish trendline and is now retesting that same trendline. From here, we should see price start reacting off the trendline and head higher
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$BTC -> Hidden Bullish Divergence A quick look at the weekly timeframe for Bitcoin. $BTC is forming a hidden bullish divergence against the Stochastic. On top of that, Stochastic is at an oversold level, the same level where the previous rally started, and it looks poised for a golden cross. Maybe this weekly close will confirm it.
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There is 86.4% chance of getting a rate cut in Sep FOMC meeting.
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Altcoins are now the most oversold ever. Even during the Covid crash, FTX collapse or tariff wars they weren’t this oversold. Mega alt season like 2017 & 2021 is coming. We get this opportunity once every 4 years.
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