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Giu Trades Giu Trades @giutrades · 9.26K subscribers
Post #1095 33
Most coins bounced from their 4H support

Looking at most major coins, I see 2 support zones on the 4H. The first one, where we just bounced, looks weaker to me, while the second one below looks much stronger and could potentially mark a bottom if we sweep it

We also have PPI data coming today, which measures inflation at the producer level. Just like CPI, it can bring volatility to the market, so I wouldn't be surprised to see another move lower before we push higher

I've set my alerts and will wait for price to come to my zones before longing again

If we don't go lower, I'll simply adjust

My overall plan hasn't changed, still targeting 90k+ on $BTC 🏴‍☠️
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