FOMC tonight will have big effects on global markets, watch out for your positions

0.50% Up ⬆️

Most of #ALTS pumped hard after the news 🚀

#BTCDAILY 05.05.2022

Technicals

The 4 hour chart is nicely respecting support and resistance. Following a triple bottom at the $37.6k support price broke up 6% but only briefly reclaimed $40k.

We have a future pivot at $39k sitting at a high volume point so we expect price to retreat down over the day. Closing today above the $39.2k support would bullish, but we may require more confirmation signals to fully convince that the downtrend has been broken.

Fundamentals

The FED confirming the expected 50 point raise seems to have been the catalyst for the BTC bounce.

If the FED announcement helped the price short term, mid term we need to see investors willing to buy BTC above $40k to fully exit the downtrend.
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The Council of Europes Committee of Experts for the Evaluation of Anti-Money Laundering Measures is still campaigning for stricter regulation.

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https://signalforall.com
@signalforall

#ANC/USDT

Entry above: 2.0403
Leverage: Cross 15x

Target Prices:

2.053
2.079
2.130
2.160

Stoploss: 1.93

By: @signalforall

Binance Futures
#ANC/USDT All entry targets achieved
Average Entry Price: 2.04 💵

Binance Futures
#ANC/USDT Stoploss ⛔
Loss: 80.8824% 📉

Sorry guys, with such unexpected dump of #BTC couldn't do anything...

These days are like this, Although everything is fine and shows that it is likely to go up, but suddenly you see $1000 dump and vice versa...

We will recover it

#BTC is a shitcoin?! Or is it a price manipulation... 🤔😒

#ATOM/USDT

SHORT
Entry : 17.60 - 18.05 - 18.4
Leverage : Cross 20X

Targets : 17.439 - 17.242 - 17.00 - 16.885 - 16.505

Stoploss: 18.989

By:@signalforall

ByBit USDT, Binance Futures
#ATOM/USDT Entry target 1 ✅
Average Entry Price: 17.6 💵

Binance Futures, ByBit USDT
#GMT/USDT Take-Profit target 2 ✅
Profit: 20.3637% 📈
Period: 2 Hours 27 Minutes ⏰

ByBit USDT, Binance Futures
#ATOM/USDT Take-Profit target 1 ✅
Profit: 18.2955% 📈
Period: 2 Hours 1 Minutes ⏰

35% profit is touched, Stoploss at Entry

ByBit USDT, Binance Futures
#ATOM/USDT Take-Profit target 2 ✅
Profit: 29.4886% 📈
Period: 2 Hours 31 Minutes ⏰

Sell pressure is really high 🤔

Just now about 1600 #BTC buy order at 35.5k was filled, but still dumping...

ByBit USDT, Binance Futures
#ATOM/USDT Take-Profit target 3 ✅
Profit: 42.3864% 📈
Period: 18 Hours 31 Minutes ⏰

ByBit USDT, Binance Futures
#ATOM/USDT Take-Profit target 4 ✅
Profit: 52.1023% 📈
Period: 18 Hours 35 Minutes ⏰