At the moment, I don't see anything wrong with the market falling. In summer, the activity of investors and traders always falls, followed by the markets. So far there is no positive in the global economy, there is no money. I am considering 2 scenarios: 1) Breaking through an important monthly level and falling to $50,000. 2) Slow growth and breaking through...
I assume that everything is fine with ETH and the level that we broke through should have been tested. We will hold on to it for some time, but globally I expect further growth.
The ATOM has been consistently following an upward trend since 2019. The certainty of a new cycle for ATOM is still uncertain. However, by considering that the asset is not experiencing a depletion but rather undergoing a shake-up, we can speculate that a pattern similar to the previous cycle will unfold. This pattern typically involves an initial phase of...
We can observe a possible reversal pattern. At the moment, the downward range maintains a downtrend, but in order for the price to show the scenario that I indicated on the chart, it is enough for the price to exit the accumulation for a couple of days and negotiate higher. I will take the deal when the price is fixed at $1.3.
It sounds like you're navigating through the scenarios we discussed recently. Currently, the market mood and volatility seem indicative of a potential reversal from the bottom, although we're currently at a peak. It's crucial to remain mindful of the possibility of a global downturn. Given your spot portfolio of altcoins and your readiness to wait for two years,...
I'm weighing two potential scenarios: 1) There's a chance of breaking past the $68,000 mark on a weekly timeframe, with potential for upward momentum pushing into the range of $80,000 to $82,000. 2) Alternatively, there's a possibility of failing to breach $68,000, resulting in a weekly close below $65,500 and a potential decline towards the $57,000 zone. p.s....
Considering the past cycles and the already established trend that lasts for more than 10 years, I suggest you a plan to fix your positions in this bullish cycle. The calculation is that immediately after carving, for the first 2 months, we will adjust and fall. And after that, there will be a final wave of growth, including the growth of altcoins.
We've weathered ETFs, halving, and now a black swan event shaking the market. What's next? Two scenarios, both favoring investors over traders: Sideways drift until year-end, followed by a surge in altcoins and BTC to $90,000, marking the cycle's end. Gradual altcoin dominance, BTC hitting $130,000 by September 2024, cycle ending before US elections. Nobody...
In the coming days, I expect there will be another manipulation and continued growth. At the moment, we have formed a narrowing range in the form of a triangle on a 1-hour timeframe.
The price is in a tight range, more often called a triangle. I expect an impulse exit to the top, with continued growth. Stop at $1.75 1 Take profit - $2.295 2 Take profit - $2.70 - $2.290
To commence, the analysis holds merit only under the circumstances that Bitcoin experiences a decline to $38,000, followed by a rebound to the $45,000 range. This condition stands as the pivotal prerequisite for the execution of the proposed scenario. Upon reviewing the chart before you, it becomes apparent that a substantial number of long positions have...
Briefly and to the point. Considering the growth of Bitcoin's dominance and the similarity of the charts with the previous cycle, making a new analysis of dominance. I assume that the coveted altseason will come no earlier than summer. Next, there will be a correction of altcoins and a new Bitcoin season - the ATH update. And then the final altseason, which...
Wow! The movement is moving almost in a day. No one could have expected that Bitcoin would travel such a long way in a day. What is it now? Let's figure it out briefly. At the moment, there are 2 ways: 1) Red, the correction of the entire market, and so big that no events in the market will be able to raise BTC and this will be done so that people want to gain...
As I wrote, the growth scenario is available only if we touch $52,000, then go down to $51,000 and only then we will be ready to go up, which happened. At the moment, we have entered the global resistance block, from where I am waiting for the seller's reaction. Not today, not right now, but before halving for sure.
At the moment, 2 scenarios have been formed. The first is the scenario that I broadcast for a week, that BTC is weak and there will probably be a correction at least in the $50,000 zone. The second, as we can see, BTC is kept in a narrow range and there may be an exit to the top again, up to $54,000 - $55,000. It is very difficult now to say exactly where the...
Stop-Loss (x5 shoulder): $8.36 (If triggered, the loss will be -25% of the position) Take Profit (x5 leverage), we close 50% of the position in each value: $11.84 $13.75 Note: After the first take, we move the stop to the price of $9.34.
Everything is relevant, BTC has not shown anything supernatural. Of course, there is a possibility that the scenario will go differently, but we trade probabilities, it must be understood. Canceling the scenario at a price of $53,100.
The token and its price are too strange, given the weak funds. We add here constant support tests in the region of $6.8 - $ 7. I assume that this was a temporary distribution and therefore I take a position in the short. The stop is pleasant and obvious, the loss is no more than 35% of the position with x5 leverage.