JUST IN: $140 million liquidated from the cryptocurrency market in the past 4 hours.

@ChartsSignalsTrading

As mentioned in the update USDT.D is pumping resulting in Btc and Alts to dump heavily.

Now the plan for Btc is simple it needs a monthly closure above 60k if the closure is below then we may see a rejection further to the lower levels.

As there is extreme volatility in the market it is good to sit aside and avoid any trade wait for the market to get settled and give us a clear direction.

@ChartsSignalsTrading

BREAKING: Binance Founder Changpeng Zhao (CZ) sentenced to 4 months in prison.

@ChartsSignalsTrading

#BTC UPDATE:

BTC experienced a huge correction yesterday as mentioned in the yesterday update USDT.D had a breakout on daily time resulting in BTC and Alts to bleed heavily.

BTC is currently at a very crucial level the 59k to 60k are the strong support level for BTC where we have lower trendline support + 100 EMA on Daily BTC needs to hold these region to give a reversal from here if these regions also break it will not be a good sign and then we may see a move till the 57k level.

As we have no clear direction yet it will be good to trade very cautiously and make sure to use SL.

@ChartsSignalsTrading

We have so many Events aligned today and wouldn't be wise if we stick to a single side directional update now.

Let the Dust Settle.


This is Now a game of patience.

Have trust, we won't go up only, these are just part of the game
It's Not Happening for the 1st time.

@ChartsSignalsTrading

#LSK/USDT Trade 1 Target reached

🟢Target 1  4.00%+✔️

💰Profit: 4.00% Gain
⏰ Period: 9 Hours .

@ChartsSignalsTrading

JUST IN: 🇺🇸 FED Chair Jerome Powell says they will not cut interest rates "until we have greater confidence inflation is going back to 2%."

@ChartsSignalsTrading

FOMC Highlights:

. Rates remain unchanged
. QT tapering initiates in June (bullish).
.Election has no influence.
.Maintains a neutral stance.
.More rate cuts are possible with increased joblessness.
Effects: Bullish event.

However, tomorrow's jobless data and NFP are anticipated to be bearish as the market has already priced in three rate cuts instead of one for this year.

Tomorrow, all eyes will be on the data outcome. The results will be announced in the evening.

@ChartsSignalsTrading

#LSK/USDT Trade 2 Target reached

🟢Target 1  4.00%+✔️
🟢Target 2  8.00%+✔️

💰Profit: 8.00% Gain
⏰ Period: 20 Hours .

@ChartsSignalsTrading

Greeting Everyone,

After running the Poll for 24hr most of our members were interested in the analysis of Matic. Here is the detailed analysis of Matic.

Matic is currently above the daily demand zone which is a strong zone for Matic and given reversal from the demand zone in past + a bullish harmonic cis also aligning on daily.

Currently it is facing trendline resistance on daily rejected from the trendline resistance multiple times.

For the bullish momentum of Matic it need a successful breakout.

Thanks

@ChartsSignalsTrading

#LSK/USDT Trade 3 Target reached

🟢Target 1  4.00%+✔️
🟢Target 2  8.00%+✔️
🟢Target 3  12.00%+✔️

💰Profit: 12.00% Gain
⏰ Period: 24 Hours .

@ChartsSignalsTrading

BTC.D UPDATE:

This is how btc.d looks like currently facing weekly trendline resistance.

BTC.D also rejected from this trendline resistance level in the past if wee see 2017 and 2020 and we witnessed the Alt Season.

As today we have the NFP data so volatility is expected.

And the BTC.D is also now at major resistance, so any positive spark in NFP today can spark long awaited alt szn.

Remember not to worry as these things are very normal in Bull Markets these are the phases in which the price action is choppy and the market makers play smartly and try to liquidate both Long and shorts. In these situations you need to have patience and remember alts will have their run soon.

Also Data in Few hours.

@ChartsSignalsTrading

#REI/USDT Trade 1 Target reached

🟢Target 1  4.00%+✔️

💰Profit: 4.00% Gain
⏰ Period: 10 Hours .

@ChartsSignalsTrading

#OM/USDT Trade 1 Target reached

🟢Target 1  4.00%+✔️

💰Profit: 4.00% Gain
⏰ Period: 23 Hours .

@ChartsSignalsTrading