ES1
A Volatile day is expected today, with the FOMC meeting taking place later today, in which the Fed will announce the next rate hike.
If it comes in at 50BPS, markets will react positively. 75BPS, which is what is expected, we can expect markets to remain neutral, but this would also depend if there is talk about reducing it in the next meeting.
Depending on the news later on today, this would have an impact on the above harmonic, which so far is playing out. On days like this, you mustn't take unnecessary risks, as historically both sides of the market get wiped out in the first few minutes
@Whalescryptovip
BTC/USD
After bouncing off the value area high, the price moved up to form a swing failure pattern, followed by another bounce yesterday at $20291, which was also a daily level of support.
We have resistance at $20700 which will need to be cleared to see the price climb higher.
Between the $19400 -$19100, there is a lot of support, and the area I would be interested in looking for longs, but this would become more likely if the price lost the $20K support.
FOMC is taking place tomorrow, which will introduce volatility to the market. Trade safe
@Whalescryptovip
Link/USDT
Zooming out to the higher timeframes price is still in its sideways accumulation zone. The more significant move will come once we get a confirmed breakout
@Whalescryptovip
UNI/USDT
Possible Gartley harmonic
What I like about this setup is that the 0.618 aligns with the monthly level. The idea is to look for scalp short if the price rejects on the monthly level $8.33. If the harmonic plays out fully, then we will look for a long at point D. I will update further if the criteria is met
@Whalescryptovip
UNI/USDT
Possible Gartley harmonic
What I like about this setup is that the 0.618 aligns with the monthly level. The idea is to look for scalp short if the price rejects on the monthly level $8.33. If the harmonic plays out fully, then we will look for a long at point D. I will update further if the criteria is met
@Whalescryptovip
Near/USDT
Keeping an eye on this red zone to flip into support to target $3.51
Further updates to follow
@Whalescryptovip
