CPI data on Wednesday - Expect some volatility!
Here's a quick look at the 8 hr. BTC.
Quick reminder: CPI data on Wednesday! 71% is expecting a 25 bps rate hike. Be prepared for some volatility during the release of the CPI data!
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Recent Altcoin trades:
ARB / USDT: 5% profit
DOGE / USDT: 20% profit
XRP / USDT: 9% profit
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Don't turn bullish until this zone is broken!
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Trades to keep an eye on:
DOGE / USDT
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With regards to ALTs:
The Altcoin market cap is struggling to break the 620B mark. If breached, expect a surge in Altcoin activity. But remember, Altcoin performance is closely tied to BTC, so a dip in BTC price will hurt Altcoins too.
Keep an eye on the 620B mark if you're looking to trade some ALTs
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If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Quick reminder: CPI data on Wednesday! 71% is expecting a 25 bps rate hike. Be prepared for some volatility during the release of the CPI data!
-------------------------------------------
Recent Altcoin trades:
ARB / USDT: 5% profit
DOGE / USDT: 20% profit
XRP / USDT: 9% profit
-------------------------------------------
Don't turn bullish until this zone is broken!
-------------------------------------------
Trades to keep an eye on:
DOGE / USDT
-------------------------------------------
With regards to ALTs:
The Altcoin market cap is struggling to break the 620B mark. If breached, expect a surge in Altcoin activity. But remember, Altcoin performance is closely tied to BTC, so a dip in BTC price will hurt Altcoins too.
Keep an eye on the 620B mark if you're looking to trade some ALTs
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
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