ETHUSDMost likely, such a strong growth occurred against the backdrop of news about ETFs on Ethereum.
The deadline for approval of Ethereum ETF applications is May 24.
For further growth, you need to break through the resistance at $2,732 and consolidate above this level. Targets in case of further growth are marked with blue lines. As in the case of Bitcoin, we do not buy Ethereum yet, because it is dangerous. Also keep in mind that there is quite a lot of liquidity in the $1870 zone.
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
Cryptanalysis
LINKUSDLink holds up well. After falling to support, we bounced back quite quickly. We wouldn't buy LINK at this point.
If you are in a position, keep a close eye on the resistance at $19.84. If Link can break through it and gain a foothold above, then we can consider taking subsequent targets marked with blue lines.
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
TOTALTOTAL - is the total market capitalization of all cryptocurrencies.
We have come to a big resistance at 1.732. If we manage to break through and gain a foothold higher, then we will consider the targets indicated by blue lines.
The crypto market as a whole may still show growth. But you need to be extremely careful, since the cryptocurrency has already grown well.
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
BTCUSDT Bitcoin HalvingBTCUSDT: Bitcoin Halving
We are considering two options:
Growth option - we expect that the price will hang out sideways for some time. For further growth, you need to gain a foothold above the channel. If you trade and take risks, we offer you blue lines as targets for growth.
We are not buying Bitcoin yet.
Downside Option - The situation is very tense right now considering that since the beginning of 2023 the Bitcoinl has grown by 200% without any good downturns. Even despite the news about halving, it is now dangerous to buy Bitcoin, because whales often sell Bitcoin on such news. Also keep in mind the large liquidity around $33,900.
At the moment, there is no point in guessing where the cue ball will go. It's literally a 50/50 lottery. As we have already mentioned, we are not buying cue ball yet, because it is better to make less profit than to sit in the red. At this point, we have placed buy orders just above the $34,000 zone.
SOLUSDTLet's take a closer look at Solana. We will consider targets indicated by blue lines if the price can break through the green line and consolidate above it.
Target 1 – 101.21
Target 2 - 106.59
Target 3 – 112.40
Target 4 - 119.79
You can also pay attention to the red dotted line. This is also resistance, at which there has already been a false breakout. When planning to buy a Solana, be extremely careful.
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
MATICUSDTI propose to consider the medium-term situation, because in the short term everything looks bad. A symmetrical triangle figure appeared on the chart. The price can go both up and down with a 50/50 chance.
In case of an upward movement and consolidation, it is worth considering the targets indicated by blue lines.
Target 1 - 1.1517
Target 2 - 1.3871
Target 3 - 1.5898
In case of going down and consolidating below, focus on the red lines as support in the area of 0.4007 - 0.2334
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
SOLUSDTIt is still difficult to predict anything about Solana; the price has not yet left the side channel.
A lot of liquidity had accumulated around $60; just in case, we placed buy orders at these levels.
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
BTCUSDT: Medium-term ideaWe expect Bitcoin to move sideways for some time. In case of an upward move, we consider the targets indicated by blue lines: $50,499 - $56,396. If we get a downward exit, we will consider the following goals: $35,178 - $31,866
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
BTCUSDT: Short term ideaWhile the price is above the rising trend line. If the ascending trend line is broken that the price will most likely fall to the lower border of the side channel. The following goals are worth considering:
1) 40348
2) 39587
3) 38450
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
ETHUSDEthereum is trading above strong support at $1924. This is a good sign that gives ETH every chance to achieve the second and third goals.
But in any case, you need to keep an eye on Bitcoin, because Ethereum is directly controlled by the Bitcoin trend. Now Bitcoin is below its big resistance.
Don't forget to show your support by like(rocket) and comment✅
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
XRPUSDTReview
Ripple is trading above strong support at $0.58. Bitcoin as a whole gave a good upward impulse, which only benefited XRP.
If the upward movement continues, we consider the following targets: 0.711 – 0.899 – 1.039 – 1.180.
However, this idea will lose relevance if buyers fail to hold support at 0.58.
In case of updates, we will inform you immediately.
Don't forget to show your support by like(rocket) and comment✅
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
BTCUSDTBTCUSDT
Update
Since our last update, Bitcoin has risen to $37,900.
The target of $37,100 was reached. For further growth, you need to break through the level of $38,450 and gain a foothold above it.
Congratulations to those who took our advice and held 10% of their portfolio in BTC. Now you can fix part of the position at your discretion. We continue to hold approximately 7% of the portfolio in BTC in case of a move even higher. While we are monitoring the situation, we will write if there are any updates.
Don't forget to show your support by like(rocket) and comment✅
SOLUSDTIf the price manages to consolidate above the support at $86, then it is worth considering the following targets: 97.99 – 109.16 – 119.91 – 134.29.
In case of any important updates, we will write here immediately. Don't forget to turn on notifications.
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
TOTALTOTAL
TOTAL is the total market capitalization of all cryptocurrencies.
On the chart, after a long accumulation since May 2022, we see the first glimpses of growth, as on TOTAL2.
For overall growth, you need to break through the red resistance at 1.281 and gain a foothold above it. After this, we will have the opportunity to take the following targets: 1.434 - 1.63.
There are no large volumes up to the level of 1.63. We are currently monitoring the situation.
Don't forget to show your support by like(rocket) and comment✅
DOTUSDTDOTUSDT
The coin has every chance of good growth. Following Bitcoin's momentum, we pulled back from the red support and began moving higher. For more global impulses, we need to break through the green resistance line and gain a foothold above it.
If this happens, we will consider the following goals:
1 - 5.98
2 - 6.76
3 - 8.53
4 - 10.42
But don't forget, the higher the goal, the more dangerous it is. Don’t be greedy and fix parts of your profits on time, so that a sharp drop doesn’t eat up your entire profit.
If you like the idea, don't forget to subscribe and rate like👍
BTCUSDTBTCUSDT
Update
Rising line marked in green this is support. As long as BTC is above this line, altcoins can begin to grow strongly.
Now we need to monitor the situation very closely, because next time the rising trend line may not withstand the pressure of sales.
We will write to you in case of any updates.
Don't forget to show your support by like(rocket) and comment✅
IOTAUSDReview
I suggest looking at this coin from a long-term perspective, because this is one of those assets that you can take into your portfolio.
Throughout the bear market, buyers were able to hold onto 2 year support. Since June 2023, the price has increased by 175%, which gives us excellent prospects for big growth during the altseason.
It’s not worth buying a coin right now, because it’s very likely that we can see another good drop in alts. In the near future, we also expect that the coin will move in the channel, which began to form back in 2018.
Why is it worth taking a closer look at this particular coin?
IOTA became the first registered distributed ledger technology (DLT) fund under the auspices of the Abu Dhabi Global Market (ADGM) in the UAE. The move highlighted IOTA as a leader in digital finance in the Middle East and North Africa (MENA) region.
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
ADAUSDTADAUSDT
We suggest considering the option with growth. If ADA manages to break through the green resistance line and consolidate higher, then the growth option will become a higher priority.
When breaking through the resistance line, you should pay attention to the following targets: 0.3749 – 0.4479 – 0.4978 – 0.5601.
The growth scenario will not be relevant if the price can break through the red support and consolidate below the level of 0.243
In case of growth, do not forget that the higher the goal, the more dangerous it is. Don’t be greedy and fix part of the profit in time so that a sharp drop does not eat up all the profit.
The idea is medium term.
Don't forget to show your support by like(rocket) and comment✅
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
TOTAL2TOTAL2
TOTAL2 is the total market capitalization of cryptocurrencies, excluding the total capitalization of BTC.
On the chart, after a long accumulation since May 2022, we see the first glimpses of growth. 2 week green candles.
For further growth, we need to break through the green resistance and gain a foothold above it. After this we will be able to take the following targets: 733 - 834 - 899
If this happens, then we will see how all the alts will start shooting. In case of updates, we will definitely inform you.
Don't forget to show your support by like(rocket) and comment✅
DOGEUSD: Forecast 2023DOGEUSD: Forecast 2023
Medium term idea. The coin has been in accumulation for more than a year. As a rule, after such a long accumulation, an impulse growth follows. Most likely he will be somehow connected with Musk and Twitter.
After breaking through, we expect taking such targets on the chart: 0.1187 - 0.1396 - 0.1653 - 0.2027
We also offer the idea of a more local trade: You can trade in the green channel. When the price approaches the resistance zone, we fix the part, and re-enter on the rebound down. At the same time, we advise you not to touch the main part of the deposit, which lies in the doge, when the pump starts, the price will very likely fly up without any rebounds and retests.
If you like the idea, don't forget to subscribe and rate like👍
SOLBTCSOLBTC
Solana paired with Bitcoin is trading in the green channel. It will be very good if we continue to be in this range and gradually move down to the red line. Then Solana will have a great chance to show good results in the next altseason.
Don't forget to show your support by like(rocket) and comment✅
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
XRPUSDTXRPUSDT
At the time of writing this post, the price is at the level of 0.57 and is trying to break through the key resistance at the level of 0.58.
If buyers take the initiative and are able to push the price higher, we will see a likely breakdown of this resistance (red line).
If after breaking through we are able to gain a foothold above the level of 0.58, then we will very likely see further growth.
In this case, our targets will be the blue lines: 0.6806 - 0.7314 - 0.8388.
In case of any significant updates, we will update the idea.
Don't forget to show your support by like(rocket) and comment✅
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️