
Digital Asset Research | Macro | Market Structure | 400K+ on YouTube | Part of MCO Global @moretradingonl
Joined September 2021
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Has the bull market started?
I look at the data in this video.
youtu.be/vZP_S0BBlvw
$BTC
$QNT
I am still watching $182.57 as wave 4 support; if it holds and the recovery develops, another high remains possible, with $360 and $430 the main resistance areas.
$KAS
Kaspa is testing the top of the support zone between $0.0289 and $0.0354, while the overall market is in a correction.
The advance from the August low was a 5-wave diagonal and could be wave 1 as a leading diagonal, with the current pullback as wave 2 of a 1-2 setup. It could equally be an ABC; the reaction to the support zone will probably tell them apart, with $0.032 as the next support inside it.
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Events to watch today👀
US macro events to watch 🇺🇸
Tuesday
ADP Weekly Employment Change
A timely indicator of private-sector hiring. Markets will watch for signs of changing labor market momentum and potential implications for Fed policy expectations.
Building Permits (forecast: 1.39M)
A forward-looking indicator of construction activity and housing demand. The data can provide insight into confidence in the housing market.
Housing Starts (forecast: 1.30M)
Measures new residential construction and offers a broader view of housing market activity and economic conditions.
Pending Home Sales (forecast: -0.7%)
Tracks housing demand and provides an early indication of how borrowing costs are affecting homebuyers.
Bottom line:
Housing data takes centre stage today, alongside an early labour market signal from ADP. Markets will watch for signs of changing economic momentum and interest rate sensitivity.
More Crypto Online retweeted
$TSLA
Tesla reports Wednesday and the flying car event already moved the micro structure on Friday. No low confirmed yet, and even the bullish case allows wave c to stretch a bit lower first.
$XMR
The upside momentum remains intact for now and the local uptrend from the June low can continue to unfold as long as the $429.99 support holds.














