After a zone of accumulation of orders the price of Dot took off making its new high of all time and we will probably see it descend looking for liquidity and the activation of a new block of buy orders in the price range of $ 45- $ 40 and that it can converge with upcoming events within the blockchain.
We see Solana at a discount after having marked a new all-time high at $ 250.50 this Thursday 04 of the current month. We understand that significant new purchases could occur at the $ 205 levels if this supply and demand zone appears attractive to whales.
From a broader perspective in daily timing of the candles we can see the BTC in a price range accumulating orders, it is visualized what could have been a market manipulation of the whales towards the levels of $ 67k-68k and at the same time the activation of a purchase order block. We maintain our bullish orientation.
In Ava's case we could see the price drop below its most recent support of $ 2.5 looking for liquidity closing pending orders. At these levels, large investors would surely be willing to place large purchase orders, which would cause a new upward push in the Avalanche crypto asset.
XRP features two possible good buy entries that range between the prices of $ 1.00 and $ 0.80. We expect its price above $ 1.7 or a new all-time high.
This week is ideal to look for a buying opportunity in cardano, it is very likely that the downtrend is coming to an end and that the fundamentals help to trigger the price of this crypto asset coinciding with the activation of a block of buy orders that we see in the graphic. @cryptomatatan
Btc begins November with what could be interpreted as a small liquidity draw (temporary 4H) towards purchases, it is possible to witness a discount at prices in the 50k range again and / or continue accumulating purchase orders to reach a new high of all time over 70k. Be aware that November is the key month!
Disclaimer: The information provided is based on our experience and the data provided by the coin. You are responsible for your own research and investment. BTC is still in an uptrend, even so we could have a retracement in the price as we see in the graph, this retracement could be between 52k-58k. The purple line and the green line are two possible behaviors of...