Jonny Mitchell

Should we detect any indications of strength today, I anticipate that $116.5k will act as a resistance level. However, it seems that a low volume Saturday is the most probable outcome.

Currently, we observe $BTC striving to maintain this level as a 4-hour support, which coincides with the lower boundary of the rising channel we've been monitoring this week.

In yesterday's market update, I highlighted that #Bitcoin 's next significant move would be a test of $115.1k, and this prediction has materialized.

$GLMR is consolidating inside the symmetrical triangle on the daily timeframe💁‍♂️ Bullish on a breakout🐃

Everyone should be an investor. Only a select few should be traders.

$INIT is stabilizing near the broken falling wedge formation on the daily timeframe💁‍♂️ The bullish outlook remains intact🚀

#NEAR/USDT is breaching the symmetrical triangle on the daily timeframe🔥 Up we go✈️

❗️Buying some $LTC here! As you know, $BNB has recently reached $1000. I see the similar consolidation pattern on $LTC , expect it to reach at least a part of highs that were set back in 2021.

I strategically positioned myself earlier this week, sharing my trades and insights with our copy traders. For the time being, I will observe today's developments before determining my next steps. If you choose to trade today, remember that effective risk management is essential!

Following a brief surge above $116.7k, which marked Monday's high, #Bitcoin has now retraced back below this threshold.

As we approach the crucial #FOMC meeting of the year, $BTC is currently trading within the midpoint of the ascending channel. The $116k-$117k range continues to represent a critical resistance level.

Currently, I hold both long and short positions, with trades that I have previously disclosed yielding profitable outcomes. I will continue to monitor the market dynamics moving forward. This week, the Monday trading range is defined between $114.3k and $116.7k.

The range between $114.3k, identified as the Monday Low, and $114k, which serves as trendline support, appears to be a crucial area to watch for a potential retest. Should this support give way, we might see a downward trend targeting the $110k level.

It is accurate to state that the price movements of $BTC and the broader market have demonstrated weakness over the past 24 hours. This trend is expected, especially as we approach the highly anticipated #FOMC meeting scheduled for tomorrow.

$LTC is preparing to break out of the symmetrical triangle on the weekly chart🔍 A breakout is coming🐃

#BCH has retested the upper border of the symmetrical triangle on the weekly chart🔍 Bullish📈

For the time being, I anticipate that the resistance zone will persist, and I do not discount the possibility of a decline towards $113.5k in the upcoming hours. Let's make this week a successful one! (S

It is crucial to prioritize risk management and exercise caution, especially with the US market set to open in a few hours and a critical FOMC meeting approaching later this week.

Once again, we have observed that the $116k - $117k range has encountered significant resistance for #Bitcoin . Following an aggressive rejection this morning, $BTC is now striving to maintain its position at $115k, which marks the Weekly Open