Crypto Trades
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Crypto Trades
S&P500 moves under August close. I don't know what will be the future, but if index break through that level it will pump. And so will crypto. If it finally find acceptance below 3920 it will dump and so will crypto. But at some stage still has potential to…
Before the Daily BTC review take a look at how S&P500 closed this week. It doesn't promise instant reversal from recent 3 days dump (or month correction), but it should give crypto enough bullishness for this weekend and probably some bullishness to stocks for the beginning of the week. Then Wednesday 18 UTC FOMC and interest rate decision with forecasted 3.25% that can pull market back down.

@CryptoTrades #SPX #Stocks
Crypto Trades
Before the Daily BTC review take a look at how S&P500 closed this week. It doesn't promise instant reversal from recent 3 days dump (or month correction), but it should give crypto enough bullishness for this weekend and probably some bullishness to stocks…
As expected stocks market pumped following bullish last week close candle. Nearest resistance at 3930. If manage to grow above and re-test 3960 that will be very bullish. If not SPX may continue dumping lower.

Regardless those "if"s so far day candle look very bullish. In case SPX close above 3893 that most probably will lead to bullish bounce towards 3980 / 4035 / 4060.

@CryptoTrades #SPX #Stocks