To me there is the possibility that btc dominance has touch support . Everything lines perfect also the usdt support and btc resistance . I would not be surprised if we see a correction soon . We are at a critical level on the markets , it should resolve soon weather they keep going up or retrace here. Keeping some cash on the sidelines just in case . Not an advise
Bears are at a critical support here . They have to defend it with their lives they probably praying right now for the market to go down . This is a major support this means if the support is broken btc and alts will rally and keep growing but if the support holds it means btc can fall from current prices and put pressure on all the market so . Anything can...
Those criminals who try and stop ripple lost . Including the media and the trash talking news about ripple what a disgrace those outlets are. Moving forward ripple will launch rlusd stable coin 12-4 . Ripple will go public no doubt as soon as the case finish in couple months . Xrp etfs will be approved that’s a fact . Ripple having green light to do business in...
still bullish on the position I started years ago been doing some scalp trading also . I think xrp will surpass all time high of 3.30 sooner than later , the case just got approved by a us court to be speed up . nothing but bullish things for xrp from now on . No more corruption trying to stop ripple growth
Total market cap of alt coins excluding btc is at resistance at 1.38 trillion since the 24th I know that every coin should be looked independently but sometimes if the market falls as a whole the coins all fallow . If we can clear 1.38 alts coins will continue to grow . As of now they could get a small retrace but looking forward for this resistance to be taken out soon
This disgrace is facing a strong resistance at 97k if the bulls can manage to go back above that would be very bullish but if rejection happen it goes down. Let’s see how alts react if btc moves sideways alts can continue to grow but if it falls hard alts fallow
Eth fell behind any other alt double at least but not eth . Looking very bullish . RSI is not even close to been overbought . I think after this resistance is taken out eth will %40 rally . Watch the breakout
Bears are in control now . Looking bad any bounce will be short . I expect btc to continue down to 87k at least before we see a small bounce back , memes will suffer the most since they follow btc more looking to buy doge once btc hits that level
Fin first level stands at 91.8 92k good entry point , getting to oversold on the short timeframes . Expecting the bloodbath to end soon
Total hit the 1.61 fib retracement . I expect a small correction in the coming days . because buyers are getting exhausted seems to me as the momentum is slowing down . most of the coins are on the green since November 4th so it’s healthy for the market to pull back for better buying opportunity .
Usdt suggests a possible retrace here at support . RSI divergence. It’s better to keep some cash on the sidelines for now I think sentiment is starting to weaken so people will begin to take profits or have already
Doing a scalp trade here at the 50% fib retracement rsi getting very oversold in the short timeframes . It has lost nearly 30% from peak I think it’s a good trading enter area .
I think btc goes down from here . Macd divergence and bulls are losing buying momentum seems they are exhausted . I think it retraced to 89k . I am not shorting but will buy the dip as we are in a bull market
If 61% was the top can can say that the first level of fib retracement is at around the 56% I think btc will keep losing dominance until the first level is hit at least . So that means alts will perform better for the mean time
So the rsi is at 94 on the daily weekly is at 92 , never in Xlm history the rsi been so high on the daily . Can it continue higher yes but late buyers will get punished here . I it has done 5x Already , I don’t own Xlm just I can care less if it continues higher just poiting the rsi out that is crazy high
Keep an eye on the breakout . Eth looks it’s ready for to move higher support stands at 3370 area . I think if the candle closes above chances are it goes to 3700 . Doing a trade here
So this other coin mana metaverse and virtual world similar to Sand coin also has a nice set up . Won’t be surprised if this coin does. 50% gains from here , down trend line is broken if the weekly closes above it , small position here could be nice .
Positional traders will jump in if algo closes the week above 0.28 I think the momentum is strong and the rsi shows strong buying pressure . Buying a small position just because it seems it’s a bit high right now but can always go higher if the weekly closes above resistance .