Continuation of the flat under the pressure of seasonal salesAnd so a difficult week is behind us, with overcoming the middle of the quarter. Against the background of positive factors, the week and the second half of the quarter opened above 2500, which provides market support and reduces the potential for decline. However, we have only come to a temporary consolidation of the market and it is too early to talk about a trend change to bullish. The final consolidation of the direction will take place in June. So far, the market has switched to seasonal sales from the 11th, as I warned about, and the bulls' task is to compensate for them. Technically, there is still a lot of potential for retest 2100-2150, which may happen in the coming week.
In an optimistic scenario, the new week will open above 2500. In this case, on Monday and Tuesday we will see insignificant sales again and the ether will not go below 2250 with a return to the hay in the second half of the week. In a more negative scenario, the week will open below 2500, in which case sales up to 2100-2150 are likely in the first half of the week, but with further purchases to 2500 due to the opening of the second half of the quarter above the level.
Today and tomorrow, there is a possibility of a wave of purchases, but I do not recommend keeping large-cap coins in operation, since seasonal sales in a negative scenario may last from mid-May to August, which will lead to their steady decline. Small-cap coins may show more significant growth impulses during this period.
We are also approaching the next assignment of the monitoring tag and delisting, which will have an additional impact on altcoins. So far, fantokens are in a good position, which successfully compensate for the drawdown of the altcoin index and are trying to grow, as they remain undervalued. I think they will remain interesting for speculators in the near future due to the drawdown of the rest of the altcoin market. ATM and city look the most interesting so far, which can continue to grow from their current positions, due to the lack of futures with active sales and the most oversold position. Under an optimistic scenario today and tomorrow, growth waves similar to acm are likely for them. Acm also has a high growth potential, but it may take time to accumulate with a retest probability of 0.75-90 before a new wave of purchases. Second of all, I am considering the alpine juv porto lazio. There is a possibility that binance will continue to add futures to fantokens every week, which will give new growth impulses.
In addition to fantokens, fio chess pivx adx quick, which remain in an undervalued position, can show a new wave of growth. I will be looking at them closer to the middle of the week.
CITY
Continuation of the PORTO trendAccording to porto, the picture resembles alpine, the goal is also to try to take the level of 1.5 with the opening of the second half of the quarter higher, which will create the ground for a stable trend immediately to 2.5. The main medium-term goal is the range of 2.5-3.5, where large volumes of purchases were previously left. I would like to note that the level of 2.5 is the threshold for the growth of volatility, and in case of its breakdown, any growth wave can give an impulse up to 5 and 7.5. If there is insufficient volatility, there is a possibility of a rollback to a 0.9-1.0 retest and a second attempt to take 1.5 by the beginning of the new month.
Porto Lazio adm city acm does not have futures on finance yet and may be added in the near future, which will cause a wave of growth up to 100%+ for these tokens. Together with this group, I am considering alpine for work, while the rest of the fan tokens are still in a more overbought zone.
An important bifurcation point in the market, we are reducing poTo date, the market has shown itself quite positively, but, as I wrote earlier, it will be possible to talk about a trend change only after the opening of the second half of the quarter. The first half is so far only a pullback and retest of the broken key levels in the first quarter. Today and tomorrow we are passing an important bifurcation point. At the moment, 2500 for ether and 100k for bitcoin are only retest levels. However, over the past two weeks, the chances of a trend change have increased significantly, where the targets may be 210k for bitcoin and up to 7500k for ether. This scenario is possible when the second half of the quarter opens above 2500 and 100k, respectively. Oil growth in the new week, weak statistics on the United States in the second half of the week, or strong GDP in Europe and Britain, as well as a possible temporary truce in Ukraine, which will give impulses to the stock market and the cryptocurrency market, including.
The seasonal sales wave begins on May 11-12. In a positive scenario, today and tomorrow, the ether will be able to take 2500 and the new week will open above the level. In this case, in the first half of the week, we will only see sales within the shadow of a new weekly candle, and from Tuesday to Wednesday, the altcoin market will begin to return to growth, which may last until the end of the half–year if the second half of the quarter also opens above 2500. In this scenario, most coins will additionally show an increase of up to 50-150% from current levels.
In a more negative and technically more likely scenario, the new week will open below 2500, which will lead to a significant drop in the altcoin market at the beginning of the week and a return of ether to 1900-2000 with a further struggle for a new test of 2500 before the end of the month or continued sales to 1400-1500.
Due to the dangerous situation, it is worthwhile to carefully weigh the amount of funds in the work and reduce positions with further additions to coins in the event of a week opening above 2500 on ether. The most undervalued today are only fantokens, which can show good growth even in a negative market, as they will remain the most interesting option for speculators in the event of a drawdown of ether. Among them, I am primarily considering atm city and acm. It is also worth keeping an eye on coins with the monitoring tag, as they are sold most actively when the market correction is approaching. They can also contribute to the overall drawdown of altcoins.
A new probability for a bullrun over the weekendSince in the second half of the week there was an opportunity for the ether to take higher levels, I want to consider the events for the coming days in more detail. At the moment, the growth target is the test test of 2100-2150, then either the range will be broken, in which case a stable trend towards the test of 2250 can be expected on Saturday. If it fails to gain a foothold above 2100, then tomorrow a pullback to the opening of today's daily candle and a second test attempt of 2100-2150 on the weekend are likely.
With all the positivity, I would like to remind you that I mentioned purchases only in the first half of the month, in continuation of the April trend. From Sunday to Monday, there is a possibility of a major market drop if ether does not open the second half above 2250 and bitcoin above 100k. It is difficult to say what could serve as a signal, but positive statistics for the United States have already been released, as the first signal, there may be a collapse in oil at the beginning of the week to stimulate sales. It will be possible to judge further dynamics at the end of the week, but starting from Sunday afternoon, I recommend reducing work positions.
To date, following the tops, large-cap coins show a slight increase, and secondly, we can expect the start of a rampage through the rest of the coin market closer to Saturday. For large-cap coins, you should not expect large growth, since the growth period is still quite small, the probability of gaining large investments during such a period is small. In this regard, the growth waves can be up to 15-20%. Small-cap coins are likely to have a stormy weekend with breakouts of up to 70-100%.
I am primarily considering chess and fio for work, and koma adx pivx quick with slightly less potential for the latter. A bullrun is also likely for fantokens with speeds up to 3x, among which I primarily consider atm city acm.
Possible x's on chessTo date, the market has reached the buying period of the second half of the week, which I outlined earlier. Against the background of extremely negative statistics for the United States over the past week and a half, ether sales were successfully repaid yesterday at the next bifurcation point, and purchases with an attempt to gain a foothold above 2100 will prevail until Sunday afternoon. Against this background, there is a new opportunity for altcoin mining.
First of all, I want to draw attention to chess, which has extremely high technical goals for retest up to $ 1 and can repeat the alpaca scenario with sufficient volatility. Today, there is a trend change and by the end of the week, the probability of a 0.1 level test prevails, which is necessary to increase volatility up to the 0.25 test. If the second half of the month opens above 0.1, we can expect the trend to continue until mid-June at least and the 0.25 test. Previously, large volumes of purchases were left for a hike above 0.25. Taking this level, in turn, opens the way up to 0.50-75, but this is probably the scenario for the fall. However, we should not rule out a sharp breakdown to 0.25 this week.
In addition to chess, I am primarily considering fio for work. Pivx adx and quick can also be considered for scalping, with possible growth waves of up to 40-60% for a local break of the last wave at least. These coins have fallen in price rather due to fears of another assignment of the monitoring tag and are highly undervalued relative to the current market position. Also this week, there is a high probability of a new bull run on fantokens with interruptions of up to 2-3. The most undervalued are the city atm acms, which I consider first.
Bull run over the weekend amid strong signals for market growthTo 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.
$CITY (Manchester City)Manchester City Token looks very promising from the current prices.
I expect it -if the bullish scenario is confirmed- to reach up to $10 : $20
The best action right now is to buy it. With the ATL (the red line) as a stop-loss.
-There's a small chance of a final drop to $1.5 (in yellow), before the expected bullish scenario.
#CITY/USDT#CITY
The price is moving in a bearish channel pattern on the 12-hour frame, and it adheres to it well, and it is expected to break to the upside
The price rebounded well from the lower border of the channel at the green support level of 2.90, which is a strong level
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold saturation on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 3.00
The first goal is 3.62
Second goal 4.00
Third goal 4.48
BLACKROCK TP 806 As of the most recent data, the stock price for BLK is approximately $803.981. Here are some relevant points to consider:
Analyst Consensus Price Target (2024): The average consensus price target for BlackRock is $796.00, with a range from $542.00 (low) to $938.00 (high). This indicates a potential upside of approximately 0.60% from the current price.
Long-Term Forecast (2025): Based on technical indicators, the current sentiment is bearish, but BLK could still hit $1,167.96 by 20252. Keep in mind that trading in bearish markets can be challenging and may result in losses.
Long-Term Price Forecast (2050): Analysts predict that by 2050, the median target price for BLK could be $4,462.69, representing a substantial increase from the current price.
SHOR WELLS FARGO IDEA BACK TO 48 TP KEY FACTORSThe stock price of Wells Fargo & Company (WFC) can be influenced by several key factors:
Interest Rates: Wells Fargo is a big beneficiary of rising interest rates. When the Federal Reserve raises its benchmark overnight lending rate, it positively impacts banks. Wells Fargo’s margins widen as yields on interest-earning assets (such as loans) reprice higher with the federal funds rate, while the yields on interest-bearing liabilities (like deposits) remain relatively stable. The recent hawkish stance by the Fed, with expectations of multiple rate hikes, further supports Wells Fargo’s profitability.
Earnings Estimates: Analysts’ revisions to earnings estimates play a crucial role. When earnings estimates for a company go up, its stock’s fair value tends to increase as well. Wells Fargo’s expected earnings per share for the current quarter and fiscal year are important indicators. Although the consensus estimates have changed slightly, they still impact investor sentiment.
Efficiency Initiatives: Wells Fargo is conducting a multi-year efficiency initiative to cut annual expenses and streamline operations. If successful, this could positively affect the bank’s profitability and stock price.
Asset Cap Removal: The asset cap imposed on Wells Fargo since 2018 (due to the phony-accounts scandal) restricts the bank from growing its balance sheet. Investors hope that the removal of this cap will enhance the stock’s valuation and overall performance.
CITY FAN token doesn't look too bad actually! Should see $5 soonYea may not give you big X's
but from a chartology perspective
theres life in this coin.
As it shows a beautiful bear market to bull market change of character
of course we don't how high these things will go
will it coincide with on pitch success or is it just correlated with
#CHZ Chiliz price performance ???
What about the other fan tokens???
CITY Important information for football fansTomorrow, the final of the UEFA Champions League will take place, and I have an interesting idea for you! If you know that the "City" team has a high probability of winning, it can be a great opportunity to earn a few percentages.
Here's what you can do: purchase tokens of the "City" football club. Tokens are digital assets associated with the team that can be bought and traded. The increasing popularity of the football club can lead to an increase in the token's price, allowing you to earn a profit.
Please exercise caution as there is always a risk involved.
CITY looks good with -4 % Stop loss riskBME:CITY is a good ascending channel and was quietly increasing by the time (+72%), be aware when trading specially with the current situation of BTC, if we will have another ride to 30k-32k, we will see a good profit at that time.
SL is -4% so please manage your risk accordignly.
DO NOT ENTER NOW!
wait for 4H or 1Day candle close above the 0.618 level (mentioned and circled in red on the chart). then you can enter, enjoy and GL ALL
$CITY/#USDT [#Manchester City Fan Token]: ResistanceBreakoutWe've identified a Resistance Breakout on the $CITY/$USDT chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 4.76 | 4.93 | 5.32 and the major support zones are respectively at 4.37 | 4.15 | 3.76. It is a bullish indication and we may consider entering at the current price zone at 4.43 and targetting higher level.
- Technical Metrics:
-- Current price: 4.43
-- 24H Volume: 803,967.3303 ₮
-- 24H Price change: 6.235%
- Pivot Points - Levels:
-- Resistance: 4.76 | 4.93 | 5.32
-- Support:4.37 | 4.15 | 3.76
- Indicators recommandation:
-- Oscillators: NEUTRAL w/: BUY: 1 - SELL: 0 - NEUTRAL: 10
-- Moving Averages: STRONG_BUY w/: BUY: 12 - SELL: 2 - NEUTRAL: 1
-- Summary: BUY w/: Total Buy: 13 - Total Sell: 2 - Total Neutral: 11
Manchester City Fan (CITY) formed Gartley for upto 19% moveHi dear friends, hope you are well and welcome to the new trade setup of Manchester City Fan Token (CITY) with USD pair.
Our last successful trade of CITY was below:
Now on a 2-hr frame, CITY has formed a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
#CITY/USDT 1DAY UPDATE Hello, welcome to this CITY /USDT 1DAY chart update by CRYPTO SANDERS
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CITY Analysis:-CITY/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. So now is the right time to build your position in it before breakout for massive profits😊
Targets: $7.02-8.15-9.33-10.45- 12.25
SL: $5.25
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
thank you.
Shriram City Finance BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Manchester City Fan Token formed bullish Gartley for upto 18.5%Hi dear friends, hope you are well and welcome to the new trade setup of Manchester City Fan Token (CITY) with BTC pair.
Previously we had a nice trade of CITY:
Now again on the daily time frame, CITY has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade