March is the month of corrections
Updated
The market once again worked exactly according to the expected scenario with a breakdown of the key level of 3500. The bulls' goal has been achieved, there is a technical signal to maintain purchases, which will reduce the activity of sellers and the risk of a reversal of the quarterly candle. In the mid-term, the chances of maintaining a bullish trend for the entire first half of the current annual candle have increased. However, at the moment we are approaching the end of the quarter and it is time for a correction with bearish retaliatory strikes. In this regard, further growth becomes an extremely difficult task, mainly it is worth hoping for successful cancellation and repayment of market corrections. The first blow can be expected this week. If the correction starts today, there is a chance to check 3250 by the middle of the week with a further payback by the end of the week. If the growth continues today or tomorrow from 3400, there remains the possibility of a breakdown of 3750 during the week, which will give a signal to go to 4500-5000 in the future. This scenario remains more likely for now.
This month, the crypt will be particularly sensitive to the coming statistics on the dollar. At the moment, the main growth has been shown primarily by individual strong and actively advertised projects. If the quarterly bullish candle is held, we can expect a new wave of alt growth with significant interruptions, since medium-term purchases for large investors and investments in developing projects will become reliable. In this case, the probability of the beginning of such an altseason should be expected from the second half of March with a continuation until the beginning of May.
chz gft and df, which I recommended for safe medium-term investments, took rather high targets, and the probability of a rollback prevails against the background of market disruptions this month. Today, vib looks more suitable for this. OAX cvp drep ooki asr atm still have the highest unworked targets up to 100%+ from current levels, which can help them compensate for market pullbacks and continue growth with subsequent major breakouts.
This month, the crypt will be particularly sensitive to the coming statistics on the dollar. At the moment, the main growth has been shown primarily by individual strong and actively advertised projects. If the quarterly bullish candle is held, we can expect a new wave of alt growth with significant interruptions, since medium-term purchases for large investors and investments in developing projects will become reliable. In this case, the probability of the beginning of such an altseason should be expected from the second half of March with a continuation until the beginning of May.
chz gft and df, which I recommended for safe medium-term investments, took rather high targets, and the probability of a rollback prevails against the background of market disruptions this month. Today, vib looks more suitable for this. OAX cvp drep ooki asr atm still have the highest unworked targets up to 100%+ from current levels, which can help them compensate for market pullbacks and continue growth with subsequent major breakouts.
Trade active
And so today the market has reached the first target correction level of 3250 on the air against the background of a strong business activity index for the United States and a high sensitivity to statistics this month, which I focused on. Most of the coins have reached strong supports and it is possible to make top-ups with the expectation of purchases in the second half of the week. In addition to new toppings, after fixing part of the position before the rollback, for coins such as vib cvp oax drep ooki asr atm, I increase the position on pros again in order to try to test the 0.75-1.0 range in a new wave. In addition to vib, in order to save funds in the medium term, df from the range 0.040-45 and gft from the range 0.0175-190 can be re-considered as more reliable projects.
t.me/Crypto_Guru_Free - тренды 100%+ на споте ежедневно
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