mosaco

mosaco

Alright, I've placed a buy order down at 92k , hoping for a pullback before it heads higher!(Please oh MOG!) The trendlines I've drawn have been working pretty well so far! Overall: I think we might see a correction, which could be bad news for those who rushed to buy, but after the pullback, I’m expecting a solid move up toward higher highs.

mosaco

LTC is at a point where, if you ask me, it's heading for a nice drop to the $100 support level. When a weak short-term uptrend forms a neat triangle, the chance of breaking the trend is high. And let me tell you, after breaking this line, there will definitely be a pullback before the drop.

mosaco

Based on recent behavior, Bitcoin is likely to react to the drawn trend line (in the price range of 92,000 to 93,000$) and move up slightly. However, it is unlikely to break out of the fluctuation range between 90,000 to 105,000$ in the near future.

mosaco

I believe that NZD/JPY will likely continue trading within the current range because it has reached the upper boundary. Resistance naturally opposes upward movement, while support naturally provides a floor for prices. In this case, it is evident that we are facing a clear resistance level.

mosaco Updated 

everything depends on BTC. I hope one day this dependency decreased and BNB and other altcoins become stronger. But that day is not today. Sell your assets and buy them on lower price.