The Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Filecoin FIL are:
FIL/USDT short
Entry Range: $7.80 - 8.50
Take Profit 1: $7.30
Take Profit 2: $6.50
Take Profit 3:...
Polygon MATIC is now at a strong support line from which i expect a rebound to the following price targets:
MATIC/USDT
Entry Range: $0.80 - 0.85
Take Profit 1: $0.95
Take Profit 2: $1.05
Take Profit 3: $1.17
Stop Loss: $0.69
September has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
ANKR has a negative overall sentiment...
FTNT has been charging hard this month, but a cooling off period may be in front of us. Six of my algorithms triggered a SELL at the close of the opening bar yesterday. All six signals have never simultaneously signaled SELL at the same time. The last time Algorithm 2 (Buy-Sell-Now-v2) signaled on the FTNT 3 hour chart was 2010.
Like most of my algorithms, they...
