$CAKE is going to make big move but be caution about , if bullish candle print on support at $2.10 or break below we may see lows again ..it’s all depends on $ETH eth need to make 3k , we might see $CAKE new highs..hope recent market up , took profits..don’t chase new coins
Hi crypto bros, in this week we’ve seen 86k $BTC so , if you are confused to enter into trade currently no problem, don’t just fomo in, let’s wait for pull back to $81k around area there you can accumulate ur favourite alts or memes or big daddy $BTC and mommy $ETH ..
Note:- I heard some one opened long on btc 200 mil usd and already in profit 6 mil usd .. beware with market my friends.. Alright guys happy Sunday’all
$S was trying to go below 0.30$ below but cuz tariffs pause news , retest at demand zone as support 1000%, now pushing up to break above trend line :- Tp1:-0.60$ Tp2:-0.70$ Tp3:-0.85-0.90$ Stoploss:-0.35$
This graph compares the economic impact of the 104% tariffs on the USA and China in the short term and long term: • In the short term, the USA is hit harder (red bar is higher) because: • Import costs go up • Consumers and businesses pay more • Supply chains get disrupted • In the long term, China feels more pain (blue bar is higher) because: • It may lose U.S. as a major customer • Companies could move production to other countries • Export and investment losses hurt its economy
So: U.S. pain first, but China potentially loses more over time.
Let’s see what’s gonna happen in this week More pain head Emergency rate cuts Note:- this two countries will cause more world economy decline , think both countries come together talk about neutral tariffs which can benefit both sides. I guess trump wants start industrial units in India 🇮🇳 future
Not finished yet , we are waiting for bullish news from us government as well rate cuts from fed..build ur portfolio in good projects 70% and memes and small caps -30% make u rich upcoming bull run
$BTC be careful about big daddy , if you trying entering into alts at currently , it’d dangerous especially for leverage , it definitely reject at (85509-86500 )area , it has to come down 76k and bounce it will be healthy push up but accumulate around area (73k-76k) area , alts bounce up somehow , especially new coins don’t ever touch it , garb only good projects make u rich and risk less especially..
Note:- big news about auto tariffs on others countries by USA ..if it’s bad we will final shake out or else we see green candles , market recover 2-5% ..
Right now, BTC is trading around $83,696, approaching a key resistance near $87,300. If BTC breaks above this, we could see a move toward $99K. However, if it gets rejected, a drop toward $77K-$78K is likely.
Support Zones: 1. buy zone Around $1,580 - $1,600 (Marked in green, strong historical support)
2. Around $1,800 - $1,850 (Currently being tested) but recent low -1750$ got up to 2000$ trying high but unfortunately we got rejected again cuz this auto tariffs news again
3. Around $880 - $900 (Long-term history green zone).
$BTC is short squeeze incoming, guess more short players wanted to play push down 78k area but bulls are playing vital role currently to play up to 91k area , shorts will get lquidated there ..but it’s only short time .. Watch out carefully in 1 hour time frame , price moving sideways ..don’t get rekt in between chasing market, let it play itself either bottom or may be rejected trend line of daily time frame ..
Note:- don’t chase gainers list to short or buying and especially new narratives projects finally ended up to not recover em but play those coins -90% down area , I personally experienced so do patience…
$ETH watching closely from three days , on fed cuts rates meeting day market about was going below trend line to 1,5k area , I think new sellers trap there to flush out (picture 1)
Picture 2 is maybe Consolidate 2k area for while waiting for good news will market goes up to completely flush out old sellers but if something bad news will come , we will reject there to go down 1,5 k area ..
Good news means fed gotta inject money into market and as well institutional investors and trade wars gotta cool off somehow
Conclusion:- good for spot traders to accumulate to more at down point of eth and I don’t see this whole price recover in alts barely recovered +2% ..
I’m giving education to people not fudding around here , and I’m just like u here ..
$ETH is breakout below trend line lower time frame , we are going to 1.5k area (ie; -63% down), if it does not bounce from there we might see 1k area(ie; -74% down ),,
What about alts :- it bled out -90%. Down some of alts , I’m pretty sure layer 1 projects we are going to see new all time lows or some of alts may not be .. you can allocate what ever good project to invest when there is too much fear buy em as much u can make spot bags not leverage then move out to cold wallets or hot wallets make sure write on paper instead saving in mobile clouds ..
This week is very crucial for $BTC is holding below 50 ema and 200 ema in daily time frame and if not close above 200 ema this week , we might see 70k area or below 70k .. We already saw -30% crash on btc from ath and previous 2021 data of btc we lost almost -54% crash and if that happens on $BTC means alts layer 1 mostly like bleed and go below all time low than previous .. All alts sitting are below prices and all time frames rsi reset 0 .. My suggestion is don’t trade leverage low cap coins and meme coins , buy spot on good projects .. Note :- drop ur comments ur favourite coins i can chart for u when to enter trades and where to.. Hot news today CPI INTEREST RATES CUTS