Solana was already correcting last week and has now tested the $191 support, which looks very strong. I personally bought another bag below $200.
Good god, ADA got wrecked. One of the biggest losers of the current correction. The potential reversal (green drawing) didn’t happen, instead we broke through support.
$CRO is a sight to behold. While many have been chasing, either $SHIB or $DOGE or similar coins, this solid gem was waiting for you. Got a big bag staked for long term, another bag for selling high and rebuying low. Taking profits every day. Planning to reload at support areas (green)
Last week I said DOGE looks choppy (see my newsletter) and I wouldn’t touch it right now. One day later it dropped massively and is now in a clear downtrend.
The correction continued last week, pushing XRP down to almost $0.995. It’s now ranging just above the psychologically important level of $1.00. We have confluence of the lower support with the EMA200, which should prove as a strong area of support for now. Overall we still have some sort of bullish market structure - not enough for me to jump in though.
Ethereum broke its uptrend bullish market structure with that heavy correction, dipping down to our second support at around $3.938. Waiting until a bullish market structure (need another higher low and higher high) has been established.
$POWR has strong fundamentals and is part of a major narrative (green Bitcoin ) Previously $POWR has pumped and dumped numerous times. This time we are seeing a solid bullish market structure forming. Would want to see a retest of 0.000012BTC. Should that fail, 0,00000750BTC has historically been a nice entry position for long term spot.
Generally very bullish on Bitcoin long term, but right now we are back in a LTF bearish range. I've been watching the zone around $57.500 as crucial support area over the past days. We're seeing a retest right now, which doesn't make me concerned as long as we stay above the local low of around $55.500. A cross above $61.000 would indicate strong bullish...
LUNA corrected back below ATH but still way above $34.53 support. I consider the whole green area as a good entry with the strength of LUNA. Setting bets down to $34.53 is the smart move here. We might never get there since LUNA is already forming a potential local higher low here.
Don't Fomo into Doge, there's a lot of upside but at the moment also potential downside. I've marked three potentially good entry points. If you want to buy Doge, those are some sane, strategic entry points. If you just want to buy doge, you'll fomo into it anyway. good trading
USDJPY is testing the EMA25 on the hourly chart and the EMA200 on the 15M chart. MACD cross could very much signify a potential long. Correlates negatively to EURUSD, same setup.
Bounce off the 1H 200EMA, 30M MACD Cross signaled potential entry.
MACD Cross coming up on the 5M Timeframe, possible long scalp opportunity.
There was a nice entry on the 15M chart earlier, 5M shows the possibility for a quick scalp soon. Remember with this strat, the confirmation by MACD is a must. If not, we just wait.