Ethereum
Long
Updated

Bull run over the weekend amid strong signals for market growth

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To date, the crypt has been given a number of positive factors and the basis for a very stormy weekend.
Binance monitoring did not give a new assignment of the tag, which was immediately responded to by pivx, which I recommended for work. I think the holidays in China had an impact. In the new rules for assigning the binance tag, it obviously means the first working week of the month. Apparently, the assignment of the tag can be expected from Tuesday with the start of the working week in China.
This week, almost all important statistics on the United States came out negative, in addition to last week. For oil, the same picture is for purchases.
The combination of these factors sets the stage for an attempt at an annual turnaround of the crypt with disruptions to the tops. It's too early to talk about the consolidation of such a scenario before the second half of the month, but the signal itself for a possible trend for bitcoin at 210k and ether at 5000k+ sets the stage for a bull run on altcoins.
Due to this picture, a very stormy weekend is likely ahead, followed by a correction in tag assignment and a new wave of growth in the second half of the coming week.
This weekend, first of all, we can expect bull runs on fantokens, which remained the most oversold instruments after another delisting, which makes them extremely attractive to speculators. First of all, I am considering atm city acm asr. Their breakout potential is up to 3-5X, depending on volatility.
Among altcoins, bifi fio chess retains a good potential for breakouts of similar pivx. A repeated pulse on pivx can be considered already in the case of the start of a bull run. According to these coins, growth impulses of up to 50-70% are likely. Koma is also in an interesting position on binance alpha, which can show growth up to 0.050-75.
Trade active
To date, the broadcast is following the main planned scenario and has consolidated in a narrow range of 1750-1850. Last week, good ground was created for an attempt to reach above 2000k, but so far there has not been sufficient bull activity and only the fantokens have shown growth. Next, there is the possibility of an attempt to break 1750 down tonight or tomorrow. Against this background, it is likely that the monitoring tag will be assigned to new coins due to the beginning of the first working week of the month in China. Tonight, I recommend dropping coins without a tag that are in operation before the announcement, or starting tomorrow, keep short stops from 9 a.m. to 12 p.m. Moscow time. Today, there is still a possibility of growth impulses for undervalued bifi fio chess adx coins, however, they are also likely contenders for the assignment of the tag, you should not ignore the work with stops.
At the moment, the release of a large number of negative statistics from the United States is usually offset by a dump in oil prices and a chain reaction in the currency, stock market and crypto markets. The weekend rampage was stopped using the same method. If from a retest 61 - 61.5 - 62.5 for brent, the price will go to the turning point of the week, then tomorrow or the day after tomorrow there is a chance of a sales impulse on ether up to 1,500. Today, brent is growing within the retest of these levels, which reduces the pressure on the cryptocurrency market and provides an opportunity for breakouts in coins and a chance to gain a foothold above 1850-1900 in ether. However, oil alone is no longer enough to compensate for the dollar situation, it is only a deterrent factor. In this regard, in the second half of the week, I expect a repeat increase in buyer activity and a new opportunity for bullying. Also in the second half of the week, I will consider the possibility of a new bull run on fantokens with significant interruptions, but I will make forecasts in the middle of the week after assigning the monitoring tag to new coins and evaluating a possible correction in the market.
Trade closed: target reached
To date, fantokens continue to gain momentum despite the negative overall market dynamics. Binance also motivates purchases by adding acr and alpine futures. According to the asr, a further hike to 3.5-5.0-7.5 while questionable, there is a possibility of a rollback to 1.5. A trend in a row can be expected from atm city acm with an increase to 50-80% at least. If tested, additional growth waves of up to 30-40% are likely for juv porto lazio og.
Note
Today, Binance is once again surprising with its blatant manipulations. There is practically no reaction on coins to the assignment of the monitoring tag. Moreover, lever, which is a dummy, showed a reaction that was technically much more appropriate, at times more undervalued than vib. Based on the results of the tag assignment, it can be concluded that binance does not intend to significantly pressure the altcoin market this month, since it did not bring down the price of undervalued coins. In this regard, there remains a growth potential for fantokens with a likely new blizzard in the second half of this week, atm city acm remains primarily interesting. Among the coins without the monitoring tag, which are safe for investments until the next announcement, at least the undervalued fio chess with a growth potential of up to 50-80% stands out. Secondly, I am considering pivx adx and quick with possible growth waves of up to 40-60% for a local surge of the last wave. Due to the extremely low volatility of work, I will not consider Bifi in the current market.

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