#BTC will test the upside of the falling wedge and could breakthrough resistance with the right momentum and market sentiment. We should exercise caution here, given the trigger for the selloff (inflation, rate hikes & gov pressure) could still drain plenty of capital out of cryptomarkets.
#ADA had a little recovery as result of opportunistic buying from those convinced the market has either hit, or is near, the bottom. Worth a trade but with caution as rejection at key resistance will send $ADA back to $1
After a 9% drop #ETH is largely facing headwind to try and get back above its crucial support level. Like everything else we’re seeing $ETH oversold on all timeframes and we are likely to get a pullback to test resistance before plummeting to under $2k
#BTC has shown a tight correlation with the fall of the stock market this week. On the charts all timeframes look oversold with bullish divergence on the daily chart. This will only be a relief rally. Unless large volume comes in we are still likely to see $30k in the coming days.
$BTC bullish divergence and a falling wedge both pointing to a small relief rally with a “small” potential for a continuation to the upside. Currently at a strong level of support hovering the 38k mark but breaking through the 40.3k resistance is not going to be easy… break to the upside and we could be back on track towards 48k. Breakdown support and we will be...
$SHIB bottom finally in? This gem is our fave little scalp meme. Keep the stop close and take profit at each point. Wait to flip resistance into support before the next level. 📍Entry .00002619-2622 📍SL -3-5% (better to be stopped out) 📍TP1 .00003771 📍TP2 .00005619 #SHIB
$AVAX needs #BTC to behave and it can get back up to our target of $95 again. Dont forget stops. Small stop for a larger gain!
$MATIC had a good run and now back testing trendline like most alts. Nothing goes up in a straight line. Wait for another restest before aping into trade 🦧 📍Entry 2.05-2.09 📍SL -5% 📍TP - 3.9-4.2 #DYOR #NOTADVICE #MATIC
$SAND tested the trandline and looks like it will bounce from support. Long from here or wait for another pullback to 4.06 for entry. 📍Entry 4.06 - 4.11 📍SL -5% of entry. 📍TP 5.1-5.3 #LONG #SANDBOX #METAVERSE
$LUNA our fave defi token It has been on an absolutely spectacular run. After its all time high of $100 the pullback gives investors another go at accumulating. We’re bullish on the token’s price and expect it to climb higher Analysts are bullish on the token’s price and expect it to climb higher to $116 and $120.
$SAND has been playing nice and always a good one for a little profit. Enter ok pullback at support.
Mana pullback almost complete and ready for another round of quick scalps. Keep the range tight and put in stops.
#DOT Who doesn’t love a cup and handle continuation that plays out this perfectly?
Very bullish on XPR Proton. Since descending from its ATH, we’ve likely seen the lowest points and 0.14 level held well. This 💎 will be a great bag to HODL.
Blok looks just about ready to reclaim its spot as a Metaverse staple. BLOK is currently down by more than 74% from the all-time high of $0.178
Doge had a little helping hand from Elon on the merch sale news but the bullrun looks its come to an end.
#BITCOIN has been trading around the 42.5-42.7 mark and has finally formed a bull pennant on the shorter timeframe. The 42.5 support has been holding and a retest should see it finally make a move to the upside. My view has moved from neutral to long but need the retest to start positioning for a long trade.
#ATOM cup and handle proving to still have room to hit higher price target. We’re still targeting $80 for 2022 but let’s start with $40 as first target.