Before abusing me read carefully.... there is no visible rejection or signs of bearish reversal from $AVA .
I mean after 40% gains and after going from $0.24 low to $0.33 highs, the structure on longer time frame is still fully intact and strong.
What bothers me is the previous massive dumps, previously after a 27% 1h bullish candle $AVA dumped 23% in the next 1h candle and this same pattern happened twice.
That's why i am expecting a dump now... not a guaranteed dump but just looking at past patterns. by looking at the trend we see now signs of bearish reversal so this is just my wild GUESS and prediction, no analysis or anything 😆.
I don't know about you guys... but i have always noticed one pattern among these low cap gainers.
Any coin that moves this way like $ZEREBRO has gone from $.027 to $0.035 building small and constructive candles...
Holds better and doesn't dump like others, and actually shows some strength.
$Q is another example if you look at 15m chart you will notice same pattern.
And what happened with $US ? a straight pump and dumped below the initial breakout zone.
One important thing about these gainers.... i always suggest everyone to avoid trading these coins, don't blindly follow people's suggestions because these coins are not going according to anyone's analaysis and all.
You can't actually track any momentum based on analysis, it's all just predicting and gambling.
Okay so... US CPI data is OUT and maaan... what a brutal response from the crypto market 😐
The market was already struggling to recover and now we got another bad news today...
US inflation came in at 3.7% vs 3.6% expected and Core CPI at 2.6% vs 2.5% expected.
Not really what the market wanted to see right now...
Just look at $BTC ... from $83,933 straight down to $82,605 in a single 15M candle. Almost $1,300 wiped out in minutes.
And $ZEC ❓
From $1,254 to $1,215... a massive RED candle while buyers were just trying to build some momentum.
$NEAR also dumped from $5.17 to below $5... 😅
The problem is not just one RED candle guys... hotter inflation creates more uncertainty around Fed interest rates, and this market is already nervous enough.
Now i am watching BTC around $82,600... if this support breaks, $82K and even $80K could come back into play.
But i am NOT calling this a confirmed crash yet.
These news candles can trap both longs and shorts... first a massive dump, then suddenly a recovery and everyone gets liquidated.
I still believe in the broader recovery but right now protecting capital is much more important than catching every move.
Don't FOMO into shorts just because you saw one massive RED candle... and don't blindly LONG either.
Let the market settle first buddies... we have plenty of trading days ahead 💛
Buddies... have you guys been watching what's happening on Binance #ALPHA lately❓👀
Some of these Alpha coins are literally going CRAZY while the broader market is still struggling to recover 😆
Look at these three...
$TRUTH up +49% and trading above $0.022... after that brutal dump towards $0.0153, buyers came back aggressively and now testing $0.024 resistance 💪🏻
$Q another interesting one... +31% today and already around $0.05, the daily chart is showing some serious bullish momentum after weeks of accumulation.
But the one i am MOST interested in is $BTW 😉
Guys... just LOOK at this thing.
From around $0.012 to $2.59+... that's more than 200x from those lows. And even after such massive gains, BTW is still showing strength on the daily chart.
The interesting part is how BTW keeps building higher highs and higher lows... even those brutal RED wicks haven't stopped its broader bullish trend.
I actually see BTW as one of the most interesting Alpha coins for longer term potential.
But at $7.5B+ market cap already, this is NOT some cheap hidden gem anymore... and that $25B+ FDV means we need to respect the valuation too.
I would rather watch for a proper pullback and accumulation zone than blindly chase another +40% green candle 😅
Because buying early is one thing... buying AFTER everyone has already made 100x is a completely different game.
For now BTW is my strongest watch among these three... TRUTH and Q are interesting too, but much more speculative.
Respect the trend, manage your risk and don't confuse a strong coin with a risk-free investment 💛
Which Binance Alpha coin are you accumulating for long term❓
Who caught the bottom around $0.0156 on $TRUTH after that massive dump❓😆
Just look at the 15M chart... TRUTH literally collapsed from $0.021 to $0.0156 and then buyers came back AGGRESSIVELY 💪🏻
Now already trading above $0.0226... that's almost +45% recovery from the bottom.
And the interesting thing? After this massive bounce, $TRUTH is not dumping back... instead building higher lows and consolidating just below $0.0234 resistance 👀
If buyers manage to break $0.0234 and hold above it, i think $0.025+ could be the next move.
But losing $0.0215 again would weaken this bullish setup.
This is why i always say... don't panic on every RED candle and don't blindly SHORT every massive pump either.
Respect the structure, wait for confirmation and manage your risk... these volatile coins can punish BOTH sides 😉
Okay so... US CPI data is about to release today and i am already watching $ZEC more closely around $1,250...
actually i am accumulating more ZEC on spot around $1,250 😉
ZEC bounced nicely after falling towards $1,175 but $1,285–$1,300 is still the resistance we need to break.
I think we could see some good upward moves today... and if buyers return strongly, $1,350 first and then $1,500+ is what i am watching 💪🏻
US CPI comes at 8:30 AM ET today... softer inflation could bring buyers back while hotter numbers could trigger another selloff. So expect some wild volatility around the release 😅
Meanwhile $NEAR around $5 is also looking interesting for long term holding... yes it got rejected from $6 but i still like accumulating on these pullbacks.
And just look at $BTW ... from below $1 to $2.66+.
Imagine if ZEC and NEAR start showing that kind of bullish momentum again 👀
This is why i prefer positioning myself EARLY instead of waiting for everyone to start screaming BUY after a massive pump.
But not buying everything at once... proper DCA, some cash for deeper dips and patience.
Market always gives opportunities... the problem is most people only recognize them when price is already GREEN 😉
Despite the fact that $Q s going wild at the moment, already approaching $0.05, some people are still telling everyone to SHORT it 🤔
BUT WHY? Can't you guys just open LONG and respect the trend❓
Same thing is happening with $BTW , the coin which has gone from around $0.10 to $2.60+ with almost +2,500% gains.
Seeing 50% or 100% pump and immediately going SHORT, also telling others to OPEN short? No proper rejection, no confirmed trend reversal... just pure gambling 🤔
I don't understand the logic... even if you ask a kid to predict 100 coins, he will get 2..3 right eventually. That's not a win... that's just fooling yourself and others too.
I mean look at the 4H charts... $Q is making higher highs and higher lows while BTW is still pushing into new highs despite those massive red wicks.
Of course both can dump, nothing goes up forever... but SHORTING just because something has already pumped is not technical analysis.
You will never learn anything about trading if you are only predicting and hoping instead of waiting for confirmation.
Stay safe boys... don't fall into traps and RESPECT THE TREND 💪🏻
$BTW maybe volatile to trade on futures but but for holding long term on ALPHA... this thing is good, already up by +4000% in last 90 days and looking unstoppable.
Okay so... $ZEC back above $1,250 just decided to go against the market once again 💪🏻
Bitcoin is struggling under $84k but ZEC just pumped from below $1,200 to $1,285+ with 6% gains..
And you guys are still ignoring $ZEC ?
Zcash is just going to hit a new ATH once again when bull run starts... i always believed in ZEC and that's why i am going to accumulate more and more on each 5-10% dips 😉
Since CZ's this post market is not the same anymore..
$BTC is struggling to hold $84k. $ETH is getting smacked. $ZEC is falling below $1,200.
What happened this october❓
Is there a massive dump DUE for BITCOIN, which is holding it to reach $90k.
Market is behaving so strange, one day we see Bitcoin at $84k with hopes of 90k next morning it's touching $80k 🤔
Is market giving us opportunity to buy coins like ZEC, NEAR, SOL, XRP, SUI at lower prices before the next bull run? are we just in a phase where market is manipulated and unpredictable at all?
I am still not understanding this... every day we wake up with hope of BTC touching 90k but everyday we sleep with RED bleeding market.