So finally we got a necessary deep shakeout. Let's take a look into possible bounce zones (and idea buy ranges for long term) In the video i talk about trendlines (obviously) the 45k and the 50k ranges, the monthly/weekly demand trend and possibility (althou unlikely) of a deeper correction. We also look into perpetual swaps premiums vs spot price near the end.
LEO breaking out in last days but didn't move that much % wise when compared to other coins. This token been into severe bear market and slow markup over the past months. Only last 3 days we finally seeing some aggressive action and i suspect this is just getting started but as usual I might be entirely wrong.
Aave is offering decent RR entry here. But offer invalidation points or things to take in consideration.
AVAX is relatively low to mid cap coin that is listed on FTX and Binance. Despite the fact that everything that is on FTX end up pumping. We have decent RR entry.
EOS broke out of resistance and meet outlined targets with nice bounce back into support ranges. Previous EOS video:
Overall Tron is looking strong. Despite the fact we hit a major resistance level it just a question of time it will be broken because volumes in general are backing up the strong moves without being extraordinary strong out of proportion. Next target range around 0.095-0.1
We are just meeting final structural target based on past PA. I still see this a hold because chances this will do another 10x from where we are. In terms of fundamentals is still strong. Backed by Grayscale, continuous development and growing community. In terms of technicals is still strong. Volumes show steady growing interest but nothing really usual or...
Doge atm looking weak in the near term. It requires bounce above 0.73 to become bullish. The RR entry atm seem to be around 0.45. Better wait to see the development in next 2 days.
The bullish case for Microstrategy. I map some important technical levels to pay attention to. Sorry for the time it took to map some lines since Tradingview has this annoying bug and doesn't fully import saved settings of tool-templates.
In this video we look at a quick way to compare two different assets to identify which one offer higher probability RR in the near term even is both are bullish against the USD.
It is going to be very wild for Bitcoin in the upcoming weeks. According to structural trend and momentum there is high probability that we will see 155k by July. Unless the trend is broken and consistently trading bellow it. But as of now odds based on historical behaviour against these weekly trends are considerably favorable.
Here's current setup for XRP. Keep in mind this is a chance for another stop hunt bellow stop range but overral i think this will go up as explained in the video. Check video comments:
After the lawsuit saga and the massive short interest we got a massive shakeout. XRP is now back some significant levels which induct bullish bias. There is good chance we see another massive shakeout (and get stopped) but i think is worth to assign low-risk position size long trade in the eventuality we end up actually breaking out. The reason we do it...
Ethereum looking toppy in the near term. This is the time to heavily consider de-risk out of ETH and allocate to some alts and boost that PnL. If we chart some alts vs ETH pair we see insanely bullish charts. That is why i see no reason to stay long on ETH but i think is not a good idea to short either. Better just look elsewhere for better long opportunities.
EOS breaking out vs USD. But this chart vs ETH is looking even more bullish. This is one example why is good too swap top caps for EOS atm. We can also use this chart not trade EOSETH directly but to understand if better to allocate to EOSUSD instead of ETHUSD. Check EOS video analysis in link bellow.
Litecoin is now continuing its journey towards the ATH. Soon we will another 30% move. Litcoin vs BTC and ETH charts also looking incredible bullish.