BTC just bounced back from a critical level (60k) with a bullish candlestick pattern. The major upcoming trend is absolutely bullish as whales are accumulating.
Now the priority is the downtrend zone to be broken. The breakout of this trend zone would guarantee the hijack of bitcoin. BINANCE:BTCUSDT
In the meantime, it's too risky to open either short position or long position. The best thing to do is watching but we should consider the fundamentals as well. As SAND is a NFT, it can pump up again if it breaks the flag with good volume. BINANCE:SANDUSDT
Currently, the price is on the demand zone and it’s likely going to be pumped up. However, conspicuously, Kava’s price is highly reliant on Bitcoin’s price so, trade in a cautious manner. If price dropped down you can average your position on the next demand zone. BINANCE:KAVAUSDT
Please be so cautious about the current FOMO in the market. Watch for the fake breakout of the descending trendline. If fake breakout is confirmed the market will most likely be bearish and therefore, it would be the best time for taking profits.
The high probability of xrp dump is present based on technical analysis (descending triangle) however fundamental news can flip the game. Open short position after the breakout of major support.
The price has broken the important resistance zone and apparently the pullback has been completed as well. There is a good opportunity to buy egld here. Please make sure you have at least a portion of your wallet invested on this currency.
