This recent dump was due to concerns about collapse of Silvergate, which is a crypto bank. I expect Bitcoin to consolidate here, at the support, then liquidate stoplosses below, quickly consolidate below support and then pump.
I'm thinking to short soon, at around 23k5. We are losing strenght now, volume goes down with smaller green candles, and we are on the value area high of this whole range.
ATOM is currently in a resistance zone. I expect the market to correct here from the impulse we've had, because shorts are already squeezed, so price action should act more healthy now. And corrections are healthy. TP would be bellow 11 or lower or higher, depends on the market.
This is a heavy resistance for XRP. I expect a correction now
ETH doesn't look bad for a pump as long as the support at 1200 holds very well. It is not a bad idea to try to long here
I think TRX is about to send to zero. Currently there is start of fud on huobi on twitter. Huobi token isn't listed almost nowhere so can't really be shorted, but : Huobi ceo, Justin Sun, is also ceo of TRX. TRX's stablecoin USDD is depeged for +2 months and TRX price action is suggesting a big move soon. I think this will make us a new luna very soon. I was...
CTK tried to push new ATH, but failed and volume going down with pump. This is also in a previous support that turned resistance. Dump should happend now, maybe that will just be a correction or maybe back to bear trend in H4, we'll see. I have a larger SL bc I'm scared of a liquidation wick before real dump.
APE is a useless shitcoin designed to feed the team and small vip group. I can see a manupulation above big trendline to trap longs that will serve as exit liquidity for massive dump after. DYOR NFA
This is my current idea on BTC. Market is looking pretty good for now. Most retails are short, would be possible to f*ck them and send more pump.
Hi, In my opinion, BTC will make a new low soon because there is a lot of liquidity down there. But before the next big leg down, I think we need to retest +17k2 area. Not Financial Advice.