In the medium term, I expect the upward trend to continue.
Locally, we can quite see a correction before the continuation of the growth.
Over the weekend, some altcoins updated their local highs and are quite ready to pull back, while some altcoins are hanging in a weak structure. Therefore, from the current levels, I do not see confident trades.
Hourly support on Bitcoin is currently at $106,557. From there, we might see a reaction. But to increase the risk in longs, I want to see liquidity capture below or a full correction in the range of $103k-$104k.
#NFPWatch #Kriptocutrader #CanadaSOLETFLaunch #CanadaSOLETFLaunch #altcoins $SOL
We opened a decent number of longs in a closed channel under the market reversal a week ago with excellent TVX. So there is no point in rushing now. Unless it's to hedge longs using the neural network.
On Wednesday during the live broadcast, we will look at the market in more detail, maybe the picture will clarify by the stream.
