45+ economic data dropping on 16 December including labour | zeonk on Binance Square

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45+ economic data dropping on 16 December including labour markets. Don't loose hope, don’t use tight stoplosses. #BTCVSGOLD #WriteToEarnUpgrade #USJobsData 

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Fartcoin is in moderate structure, having broken out of a base and holding a critical horizontal support level, suggesting a continuation to the upside. $FARTCOIN Volume: Trading volume is healthy at over $100M in 24 hours, supporting the recent upward momentum seen in the past few days. The asset has been a strong performer in recent weeks. Price Action: The price has successfully reclaimed and held the $0.34 horizontal support zone, which was a major resistance zone in October and November (see chart). The overall market signal for this asset is considered bullish. The next key psychological resistance is well above the current price. #FARTCOIN #FARTCOINUSDT Cautious Long Entry: Near current support $0.33 - $0.34 break above $0.37 (confirmation of new high) SL: $0.31 (Below the key horizontal support)

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Ethereum is showing significant weakness, with a sharp move down breaking below a major horizontal support/resistance zone, confirming a short-term bearish bias. Volume: Moderate to high volume on the recent breakdown below support, suggesting that the move is accompanied by conviction from sellers. This is in contrast to the lower volume on the prior upward tests of the $3,200-$3,300 area in mid-December. Price Action: The price has decisively broken below the $2,950-$3,000 area, which acted as key support after the December rally. The 4-hour chart shows moving averages crossing over bearishly, and the price is currently re-testing the underside of this former support as new resistance. A failure to reclaim this zone is a classic bearish continuation setup. #ETH #ETHUSDT Cautious long Entry: 2840-2900 Near resistance retest $3,100 - $3,140 Or break below $2,850 (confirmation of downward leg) SL, DCA will be updated (Above the recent December high)

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$BTC TAKING A SMALL POSITION HERE. SL: Below $85,750 TP 1: $87,400 TP 2: $88,750 #CPIWatch #USJobsData

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$BTC BITCOIN WILL BE AT 85,500 SOON

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