The end of the official trading week is approaching... What awaits us over the weekend?
With a high probability — a sideways trend with fluctuations within 2–3%.
With a lower probability — a decline, but unlikely to be deeper than 5–7% from current prices.
Growth to new resistance levels, in my opinion, is practically excluded.
I do not consider the cryptocurrency market as a whole — attention is focused only on three coins: ADA, AVAX, and DOT. Throughout the week, all three showed growth, and there has not been a significant pullback yet. If it has not happened earlier — it means it should happen after all. I expect the maximum peak of correction on Monday.
Over the weekend, market makers will likely observe the market direction. Two scenarios are possible:
growth with a sharp drop to maximize the liquidation of futures traders;
or just a drop to "shake off" the long positions.
My current orders:
$AVAX → buys: 26.05 / 25.65 / 25.26 → sells: 30.53 / 32.78 / 34.32
$ADA → buy: 0.8228 → sells: from 0.94+
$DOT → buys: 4.004 / 3.963 → sells: 4.369 / 4.404
I may be wrong, so always assess all risks yourself before opening trades. Always DYOR!!!
Wishing everyone a great mood and profitable trades 😉
#Write2Earn #ADA #AVAX #dot #DumpandDump