The latest bull attack this month
Updated
To date, the market is clearly working out according to the planned plan. We are still collecting work-outs, but it is worth being on the alert as we approach the end of the month. As the middle of the month progressed, we expected to see a wave of growth to consolidate the monthly bullish candle. As I wrote in the last review, as we approach the end of the month, we should expect a second wave of growth to finally consolidate the month bullish on the tops. Against this background, a new wave of growth began with the flips of monthly candlesticks and altos.
As always, the opening level of the new month will be of great importance. The opening levels of the half-year and quarter still technically support growth, but there is an extremely negative picture with a growing dollar and falling oil, which puts a lot of pressure on the crypt and increases the activity of sellers, which is why we have already seen a stronger correction from the 2750 ether test than expected. The 2500 level was broken again, which indicates a breakdown of the bullish trend and gives a signal for a new attempt to go to 2000 in the future. The next month is the central one in the quarter and the final direction for the end of the year and the five-year plan will be chosen, which can lead to a very strong increase in volatility and new large drawdowns for the altos. Given this picture, after collecting the latest developments this week, it is worth carefully weighing money management and reducing positions in the work before determining the direction of the new month.
Most of the coins that I have taken into work show good dynamics and are in the top of growth, troy has shown itself most well. Most of the goals were taken, so far I'm not considering it anymore. Among the coins without a monitoring tag, only vib remained the most attractive, with a likely increase by a retest of 0.125-150 and above. The weekly candle opened quite negatively on the ast. Unpleasant signals were also left for a new local fracture. Today, it was not possible to gain a foothold above 0.1 and give a local overshoot of the previous momentum. In addition, the ast was delisted with okx, which is an additional negative signal and a reason for a local fracture. In this regard, I reduced my position on the 0.1 test. For now, there is a possibility of a higher breakdown in the coming days when fixing above 0.1, but with a lower probability in my opinion than for vib.
In addition to vib, among the coins of binance, only coins with the monitoring tag remained in the most oversold position. Such assets are often the last to grow and may show good momentum in the coming days. OAX still has the top potential among them, with the nearest targets at a retest of the range 0.20-25 and an exit to the test of 0.35 in an optimistic scenario. Secondly, I am again considering the work of pros, a partnership with which was announced last week by Metalpha. The immediate goal for him, while maintaining the current emission, is a retest of the 0.50-75 range and a test of 1.0 under an optimistic scenario. Also, waves of growth up to 30-50% can still show vite and hard. When choosing the position size, do not forget that coins with the monitoring tag, although they have the greatest growth potential, still retain the probability of delisting.
To save funds in the medium term, gft looks the most interesting so far due to its high liquidity.
As always, the opening level of the new month will be of great importance. The opening levels of the half-year and quarter still technically support growth, but there is an extremely negative picture with a growing dollar and falling oil, which puts a lot of pressure on the crypt and increases the activity of sellers, which is why we have already seen a stronger correction from the 2750 ether test than expected. The 2500 level was broken again, which indicates a breakdown of the bullish trend and gives a signal for a new attempt to go to 2000 in the future. The next month is the central one in the quarter and the final direction for the end of the year and the five-year plan will be chosen, which can lead to a very strong increase in volatility and new large drawdowns for the altos. Given this picture, after collecting the latest developments this week, it is worth carefully weighing money management and reducing positions in the work before determining the direction of the new month.
Most of the coins that I have taken into work show good dynamics and are in the top of growth, troy has shown itself most well. Most of the goals were taken, so far I'm not considering it anymore. Among the coins without a monitoring tag, only vib remained the most attractive, with a likely increase by a retest of 0.125-150 and above. The weekly candle opened quite negatively on the ast. Unpleasant signals were also left for a new local fracture. Today, it was not possible to gain a foothold above 0.1 and give a local overshoot of the previous momentum. In addition, the ast was delisted with okx, which is an additional negative signal and a reason for a local fracture. In this regard, I reduced my position on the 0.1 test. For now, there is a possibility of a higher breakdown in the coming days when fixing above 0.1, but with a lower probability in my opinion than for vib.
In addition to vib, among the coins of binance, only coins with the monitoring tag remained in the most oversold position. Such assets are often the last to grow and may show good momentum in the coming days. OAX still has the top potential among them, with the nearest targets at a retest of the range 0.20-25 and an exit to the test of 0.35 in an optimistic scenario. Secondly, I am again considering the work of pros, a partnership with which was announced last week by Metalpha. The immediate goal for him, while maintaining the current emission, is a retest of the 0.50-75 range and a test of 1.0 under an optimistic scenario. Also, waves of growth up to 30-50% can still show vite and hard. When choosing the position size, do not forget that coins with the monitoring tag, although they have the greatest growth potential, still retain the probability of delisting.
To save funds in the medium term, gft looks the most interesting so far due to its high liquidity.
Trade active
As we approach the end of the month, the probability of exiting the pump of coins announced for delisting increases significantly. Ooki stands out among them, being the most oversold coin in finance at the moment. In an optimistic scenario, there is a possibility of a wave of purchases to reverse the current monthly candle, in which case the targets may be up to 0.0035-50. With a less volatile market, a reversal is possible in the last days before delisting. already in the new monthly candle. Also yesterday, there were large purchases with a retest target of 0.001, which are probably investments in the upcoming wave of growth.
I want to remind you. that investing in coins before delisting is extremely dangerous.
Trade active
Pros, as I expected, did not take long. but unfortunately there is no consolidation above 0.5, the probability of a retest of loyalties has increased, apparently preparations are underway for a general market drawdown.
Of the coins that remained without a retest, only vip remained with an attempt to consolidate above 0.1 and oax with a retest of 0.21-25 at least. Judging by the overall picture, the probability of a subsequent rollback also prevails for them.
The riskiest option also remains ooki with a possible breakdown at 0.021-25. There is enough time to work out before delisting.
Trade active
To date, the coins continue to delight in the work. OAX showed good dynamics. A signal has been left to overshoot, the target on the test is 0.25 at least and up to 0.35 with the overall growth of the market. However, the signals for the 0.15 retest were also left, in connection with which I reduced the position and will again increase the volume of work on the rollback. Apparently, higher goals will be taken in the new month, in the absence of force majeure in the form of delisting, than coins with a monitoring tag are dangerous.Trade active
There is very little time left before the closing of the current monthly candle, but the probability of a reversal of the month for vib remains with the aim of the 0.1+ test. This token does not have a "monitoring" tag, which makes it safer and more interesting to work with than oax and pros.Trade active
OAX promptly presented a new opportunity for earnings under the pressure of the general dynamics of the market, quickly returning to the 0.15 retest. At the moment, I have increased my position again with the aim of a new attempt to reach 0.20+. The current monthly candle closes bullish, which will give a signal for new attempts to move in the next monthly candle.
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