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Bitcoin yet again fails to gain my confidence in its slow grind higher, it certainly isn't what cryptotraders want to see. ETH has been strong and has a ripper daily trend so waiting for a pullback to cradle is my play, BNB is the same and AVAX joins that group as well. DOGE and SHIBA took off, god knows why but they did. XRP, TRX, and dot all look slow and weak to be blunt. Solana tried and failed to push higher and ADA broke above 55 cents to then declined back. It's a bit average out there in the crypto top-10 but we do have trends and we may see some good options on the daily time frames for traders tomorrow.
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Not many options for trends aside from the daily charts for cryptotraders as the market remains in chop land. Bitcoin had a terrible candle yesterday after being up nearly 4% at one stage, such a shame. ETH held positive ground and top with $1900, ADA, SOL, DOE, TRX, and XRP all look like squashed meat pies and DOT doesn't quite fit the bill even with the 8-hour cradle candle. AVAX and BNB are the best daily trends but we are not into the zone to trade just yet on those daily charts. So it's more waiting my friends. Have a great weekend.
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The CPI figures came out better than expected yesterday and that sent BTC, ETH, BNB, DOGE, DOT, SOL, ADA, AVAX, BNB and XRP higher. Cryptotraders and TraderCobb traders need trends to trade and it's not that the lower time frames are providing some options so stay sharp and let's see if this move continues
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Bitcoin failed the break to the upside and hit the downside putting us back into a confused market. ETH has done the same (look at the weekly chart) and the rest of the market cryptotraders, well, BNB, ADA, DOGE, AVAX, SOL, XRP, DOT and TRX are all looking like you've just stepped in dog doo-doo's. Time to walk away and wait, that's what I am doing
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Well, it was a lovely surprise to see BTC and nearly the entire market up on today's close. Cryptotraders were watching ETH hard and it delivered by getting itself above the resistance level, more work to be done. TRU had a good break today as well. BNB was slow, ADA needs more in the way of trend, DOT is looking strong, DOGE, BNB, and XRP are all a bit average and AXAX pulled back after being up 10% at one stage. It's nice to have a few trends to be stalking gang!
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Another day goes by where we had a bullish daily candle throughout the session to be met by selling at the close. Another red candle which is 7 days in a row for Bitcoin. ETH, TRX, DOT, AVAX, XRP, SOL, ADA and DOGE had mixed results but the star so far this week for cryptotraders is Binance with a strong trend continuation on the daily and a small trend formed on the 2-hour now. Stay safe traders!
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It's been another day in crypto where we were up for a while then sold off into the close to have the day end down. Bitcoin was up 3% at one point but sold off. ETH has to get above $1730 for any interest for further upside can be considered. BNB is the best trend for cryptotraders right now in our top-10. DOT, AVAX, DOGE, XRP, ADA, SOL and TRX are all looking shabby. Take a break
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Another slow start to the trading day cryptotraders. Today looks like a repeat of yesterday so far with the one exception in BNB and ETH which currently show promise. BTC was slow, TRX is sideways, ADA a mess, DOGE is rotten and AVAX has not done much either. DOT, BNB and SOL have nothing much to add so take a break and wait until some direction comes in
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Bitcoin was looking really nice this morning, all I needed to see was a drive higher and it started that way but has since failed and is down. Ethereum is the one I am watching most closely as it faces heavy resistance. XRP, DOGE, TRX, SOL, AVAZ, ADA, and DOT are all looking pretty ugly. It's BNB that looks strongest as far as the daily trend goes. So for cryptotraders around the world, it's a good time to be patient.
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A recent event in my life brought me to this episode. Are you a trader or are you just trading? This is a question of your identity.
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From the publisher's feed
Craig Cobb hosts The Trader Cobb Crypto Podcast unpacking his 13 years plus experience in traditional stock markets, FX, commodities and bonds (as well as over 6 years as a mentor to tens of…
NOTE: This is not financial advice, Craig Cobb is not a financial advisor and NEVER provides tips on what to buy, sell or hold EVER. This podcast is to give his views and share a fun environment to have a chat about all things crypto and beyond. If you wish to invest in anything make sure you seek advice from your financial advisor first.
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