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499
#GMT/USDTΒ
LONG
Entry Zone: 0.1275 - 0.1245
π― Target
π° 0.1288
π° 0.1311
π° 0.1327
π° 0.1343
π° 0.1361
π° 0.1378
Stop loss : 0.122
Leverage 20x
499
Good Monday and Happy Morning Everyone! βοΈ
New week have arrived, and the weekend has passed. Now prepare yourself for another blissful week of Trading with Me ππ€πΈ
#Alhamdulillah
Make sure to Turn On Notifications To Stay Alert! π¦
499
Bitget Futures
#ZETA/USDT Take-Profit target 3 β
Profit: 124.9249% π
Period: 20 Days 14 Hours 35 Minutes β°
499
Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#ZETA/USDT Take-Profit target 2 β
Profit: 100.0% π
Period: 20 Days 14 Hours 34 Minutes β°
499
Binance Futures, KuCoin Futures
#ZETA/USDT Take-Profit target 1 β
Profit: 74.7748% π
Period: 20 Days 4 Hours 57 Minutes β°
499
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ByBit USDT, Binance Futures, Bitget Futures, OKX Futures, KuCoin Futures
#ETH/USDT Entered entry zone β
Period: 2 Minutes β°
499
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Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures
#RARE/USDT Stop Target Hit β
Loss: 64.2857% π
499
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Binance Futures, ByBit USDT, OKX Futures
#SUI/USDT Take-Profit target 2 β
Profit: 33.0839% π
Period: 4 Hours 23 Minutes β°
499
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Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#MAGIC/USDT Take-Profit target 3 β
Profit: 40.0532% π
Period: 4 Hours 25 Minutes β°
499
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Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures
#COTI/USDT Take-Profit target 1 β
Profit: 47.6317% π
Period: 1 Days 2 Hours 0 Minutes β°
499
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Binance Futures
#LOOM/USDT Take-Profit target 1 β
Profit: 7.4398% π
Period: 6 Minutes β°
499
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π₯ The total number of #Bitcoin on exchanges keeps dropping.
If this trend continues and demand stays strong, a supply shock is on the horizon π
499
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π BTC gains 1.35% as odds of a 50-bps Fed rate cut rise
Bitcoin (BTC) rose by 1.35% on Thursday as the chances of a 50-basis-point (bps) rate cut by the Federal Reserve (Fed) in September have increased.
π Possible effects for traders
Thursday's higher-than-expected U.S. Jobless Claims data and a Wall Street Journal article discussing the Fed's rate cut dilemma have reignited expectations for a significant rate cut in September, said Christopher Wong, currency strategist at OCBC. Traders are now pricing in a 45% chance of a 50-bps rate cut at the next meeting on 18 September, up from 14% just a day earlier, according to the CME FedWatch Tool. Overall, markets anticipate 116 bps of rate reductions across the remaining three Fed meetings this year. Former New York Fed President Bill Dudley commented on Friday that there is a strong case for a 50-bps cut, noting that current rates are 150β200 bps above the neutral rate, where monetary policy is neither restrictive nor accommodative. βSo the question is: βWhy donβt you just get started?ββ he commented.
Crypto analyst Titan of Crypto has pointed out a bullish indicatorβthe Golden Crossβon Bitcoin's 2-month chart, suggesting a significant price rally could be near. This pattern foreshadowed major gains in the past, as seen in 2021 when Bitcoin surged from $13,000 to over $60,000. The analyst believes the much-anticipated rally could start in October, with Bitcoin's bullish outlook intact as long as it stays above $49,900. Titan of Crypto also predicts Bitcoin could reach $120,000 by 2025 if it breaks above $71,000 in this market cycle.β
BTCUSD moved sideways during the Asian and early European trading sessions. Today, traders should focus on the U.S. Michigan Consumer Sentiment Index report due at 2:00 p.m. UTC. Lower-than-expected figures may increase the chances of a 50-bps rate cut at the 18 September Fed meeting and push BTCUSD higher. Otherwise, if the figures are higher than expected, Bitcoin may fall towards $55,600.
499
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Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#MAGIC/USDT Take-Profit target 1 β
Profit: 19.9317% π
Period: 2 Hours 25 Minutes β°
499
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Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#SUI/USDT Take-Profit target 1 β
Profit: 22.0559% π
Period: 1 Hours 15 Minutes β°
499
Binance Futures, KuCoin Futures
#YFI/USDT Take-Profit target 1 β
Profit: 11.3285% π
Period: 1 Days 16 Hours 59 Minutes β°
499
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DOGE/USDT β‘οΈ
π’ Support Zone : 0.08350 - 0.07670
π΄ Resistance Zone : 0.12300 - 0.11000
DOGECOIN is moving near the resistance zone.
Regarding classic technical analysis, it looks like doge is forming a flag Pattern.
