UK inflation reaches 10.1%, the highest it's seen in 40 years.

Of course, this breakdown can be just trap for hunting long.

If bulls want to flip this trend, they should break key price.
Key price that bulls have to break is $26,700, the previous low

Gm Team 🍵

❇️The Huobi stablecoin “$HUSD” slips further from its dollar peg

https://decrypt.co/107509/second-layoff-round-at-crypto-com-worse-than-june-cuts-sources

Bitpanda & Crypto.com laying off employees.
Bitpanda already fired 730 employees in June.

#BTC Bidding In This Zone Of Filled 💸

Pay close attention here ✏🗒

#BTC Bears are Back in the Town..!!

Rising Wedge has Broken Downside in Daily timeframe.

Bitcoin Might Revisit the 18,950 Support Area..

❇️3 types of traders

1️⃣Scalper
Scalping is a trading strategy that involves making a large number of transactions within a day. Scalpers make at least 10 trades a day. With an active market, professionals can make up to 100 trades. Scalpers play on small price fluctuations to get a small profit from each transaction. Often, a transaction can last less than a minute.

2️⃣Day Trader
Day traders also trade within the day. They do not transfer transactions “through the night”, closing positions during the day or trading session (depending on the type of market, stock or cryptocurrency). As a rule, day traders make 1-3 trades a day.

3️⃣Swing Trader
Swing trading is based on capturing one major movement in the market (one "swing" of the price). Its essence is to exit the transaction before the price goes back to correction.

4️⃣Positional Trader
Position traders are those that have trades that last for several weeks, months, or even years. These traders know that fundamental themes will be the predominant factor when analyzing the markets and therefore make their trading decisions based on them

Aug 20 Bitcoin update

Bitcoin fell 10% on a single day yesterday, the biggest fall after June 18

Trade Possibility: BTC dropped exactly in the trend line at $20700 and can see that bulls are buying at this zone.

✅Its good to pick at $20700-$21000 with tight stop loss just below $20700. Target can be at $22000-$22500.

▫️Resistance: $22600-$23000 will be in the resistance zone short term. Bulls will likely push the weekly candle above MA200

▫️Institutional Nasdaq investors aren’t confident on tech stock due to fear of recession and continued high interest rate.

🟩Strategy: Play the range, Buy on support and sell on resistance. Global market is uncertain for the next 6 months due to high inflation rates

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📊 BTC if the rising channel breaks down target will be $20.3k - 17.7k
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Matic Updated cht

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#BTC Hash Ribbon indicator Flashed "Buy Signal" 📈

- 11th Jan 2019 (+287%)
- 27th Dec 2019 (+54%)
- 25th Apr 2020 (+49%)
- 13th July 2020 (+110%)
- 2nd Dec 2020(+270%)
- 8th Aug 2021 (+68%)
- 21st Aug 2022 ?

Will History Repeat Itself?
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Trade at ur own risk 🫂
#BNB/USDT Enter Above 291.800

Targets - 293.259 - 294.710 - 297.636 - 298.060

Stop Loss - 274.292
Leverage - 10x to 20x
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⚡ #MATIC/USDT

Trade at ur own risk

📤 Long

💹 Buy: 0.7989 - 0.7751

🧿 Target: 0.808886 - 0.818873 - 0.838845 - 0.851790  - 0.869790 - 0.989735

🧨 StopLoss : 0.758955

🔘 Leverage: 20x - 50x

ladder entries futures GEM signal - GTC/USDT

🛒Entries are as follows:

1. 2.35 USDT zone (20%)

2. 2.1 USDT (30%)

3. 1.8 USDT (50%)

🎯 TARGETS: 3 - 4 - 5+ USDT 🚀

🛑 Stop-Loss close daily below 1.6 or manually update