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 .
Taking profits her at this major resistance in the weekly . Nice run so far expecting a retrace at this level because nothing goes up on a straight line .
Keep an eye on the breakout momentum from bulls is coming back this resistance seems to me is about to be broken I expect doge to continue rising higher . This coin is a hold long term until the alt season is over I think doge can easily hit all time high this bull run
So historically after btc pumps then alts pump next I think this coin setup looks good . Gona be buying small positions on coins that have a good set up and accumulation . Macd looks bullish . Alt season should start soon
So positional traders and swing traders are going to jump here if the weekly closes above 0.76 despite being early of the week I think the price wants to move higher . I think Ada moves higher to the $1 area soon . We are now in a bull market dips should be bought . Also alt season hasn’t even started yet and trump is pro crypto . Also he wants everything...
So the BB bands are getting narrow on the 4 hr meaning the price is consolidating before the next move. If the price breaks down with no significant volume it could be temporary if it break up we need conviction of buyers to show up and the volume needs to increase . Pretty sure anything above 0.38 the bulls would be back in control . Macd suggest bears are losing...
Alt season it’s in its way we are about 1/3 in the way before the real alt seasons stars this is just the beginning . Money will flow to low cap alts specially. Btc dominance is starting to lose market share , doesn’t mean it will tank hard but money will be moved out gradually
Be careful with doge now not looking so good you can only test support so many times before it breaks down . It seems they want to liquidate the longs just below their support before any more upside . Watch closely .
Solana finally showing sing of life after a boring price action . It’s moving against the market now despite most alts being red , sol is on green no reason why it would get rejected at 250 . I think we will see new all time high for Solana next week
Seems to me the bulls are losing momentum day by day . it needs a retrace here could possible be forming a head and shoulder pattern if not it could try and re test all time high for a double top. usdt dominance is at a critical level also . I think the market retraces here for the weekend but I won’t short it . Hopefully we get to buy Lower again
Xrp is overbought . RSI at 90 is very un common for this coin . Expecting this resistance to stop the price for now until it consolidates . I still hold half position here just doing a quick trade . Not an recommendation
lol no one is selling this coin. To me whales are accumulating on the dip . clear support in this area range . I expect doge to hold this support also rsi was very hot and it’s good that it went down . But it will recover also money will start flowing out of btc back to alts soon
Doge uptrend is still even though rsi is still at 92 on the daily history shows it has gone up to 96 so we don’t know how high it will get before major pullback I think doge has support at 0.34 cents also that’s the monthly resistance . Still holding a position not selling until trendline is broken and have a buy order at 0.34 . Just an idea
lol doge will pump hard after this monthly resistance is taken out . I was surprised when I saw it just right now if history repeats itself doge can easily hit 1.00 minimum . Within next month doge should hit the target . I still sold half here just to be safe but I won’t regret if I missed some profits as I am still holding a position .