The precious week I shared some of my charts and what I am expecting from various coins so I am going to do it again with some news that I am keeping my eyes on.
LQTY/USDT
At weekly TF marked TL (Trend-Line) is already broken. I might accumulate it or open a long after the retest of the horizontal support level.
MOODENG/USDT
Marked TL (Trend-Line) is acting as a support for it.
Possibly we can see a bounce back from this Trend Line and then open a position
BONK/USDT
These 2 marked levels are the best possible bounce back levels for BONK
I might accumulate it at these given levels or Open a long at the lower level.
XRP/USDT
$XRP pumped hard & breakout the previous high resistance levels
If I get a chance I will accumulate XRP at these marked levels (these are the good levels to accumulate it)
FLOKI/USDT
$FLOKI is struggling around its resistance level of Daily Time Frame (0.00028$)
Possibly we can see some retracement in it so I am not touching it for the moment.
SPELL/USDT
These 2 marked levels are the best possible bounce back levels for SPELL
A good accumulation can start at these marked levels harder in the lower level because the risk reward is better.
News to expect for this week.
United States
The Fed is considering a rate cut on December 18. Inflation data (Wednesday) might influence the decision. Analysts see a cut as likely, even with slightly higher inflation.
Canada
The Bank of Canada is expected to reduce interest rates by 25 or 50 basis points. A weak economy and concerns over potential U.S. tariffs support the case for a larger cut.
Eurozone
The ECB is likely to lower rates by 25-50 basis points. The focus will be on the new economic forecast and guidance for 2025.
United Kingdom
October GDP data (Friday) is expected to show a recovery. Additionally, industrial production and consumer confidence figures will be published.
Switzerland
The SNB is anticipated to lower its key rate from 1% by 25 or 50 basis points. Low inflation and a strong franc strengthen this outlook.
Australia & New Zealand
The RBA is likely to keep rates unchanged, with a cut expected in February. Employment data (Thursday) will be crucial for future decisions.
Japan
The Tankan survey (Friday) is expected to show stable business confidence. Q3 GDP (Monday) is unlikely to see significant revisions.
China
Rising inflation (+0.5%) and resilient exports (+8.4%) suggest economic stability. The Central Economic Work Conference will set the policy direction for 2025.
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