Bitcoin is setting up for the further decline and it fails to keep above 26000. The next stop would be an area between 24850 and 25100
BLZ had started to accelerate the downward move from the important level above and may crash to 0.04 and lower
WAVEUSDT can slide down as volatility grows across the board, and high-beta instruments are under pressure
1inch may slide below against the short-term level, indicated on the chart.
The probability of a success for short should be high.
Yen might regain strength ahead of CPI, as the 10-year bonds of Japan are holding high. Euro, at the same time, is not displaying the same strength.
After a parabolic move above the intermediate-term high, EURJPY might slide back to the range.
The trade location for a short position is interesting and may lead to a further decline
It tested the trendline of the formation, and the breakout seems to be false, so we might see it plummeting for a couple of days
Natural gas is emerging from a trading range and may increase volatility, heading towards $4.
Bitcoin is ganing the momentum, driving away from the support area, and is heading towards $32000
BTCUSD may pullback from the 50-day moving average and rally towards $32000 after speech of FED's chief Jerome Powell
Inflation in Japan was slightly less than expected, but in the medium-term, JPY has more odds to rise, so that opens a short opportunity for GBPJPY
with a target of around 0.4
After landing to the dynamic support at the current price level, we observe a responsive buying activity, which can lead to a further breakout
after consolidation, BCH might move to 227 and 214
A breakout out of the consolidation in the direction of the trend
BTC may trigger a sell-off towards the target of 29800
Japanese Yen may potentially weaken, as the British pound is recovering the 2nd day.
So, a long position with 50 points stop could make sense
A short position for BCHUSDT with a target at around 228
Breakout of a range in the direction of a strong trend