Today, 16.09, the market is once again waiting — ahead is the FOMC meeting (17.09), and for now, the market makers are fighting for liquidity.
It is currently noticeable how the altcoins are being 'played' in different directions: short pumps are replaced by sharp sell-offs. On such days, market makers actively play on the contrast between Asian and American sessions, which is already evident from the jumps in $AVAX and $DOT. I think we are in for a couple more sharp movements to collect stops and test liquidity levels.
Regarding my coins:
📌 $ADA
For now, we are holding the range, but with a negative backdrop, we might see a test of 0.82.
Buy: 0.8228
Sell: 0.96+
📌 $AVAX
Currently, the price is moving with increased volatility. Quick sell-offs to 29-28 as well as short pumps upwards, with a maximum so far of 30.3-30.6, are possible. I am waiting to see what happens next, but for now:
Buys: 27.76 / 26.05 / 25.65
Sells: 31.88 / 32.61 / 33.26
📌 $DOT
The level 4.0 remains key. The nearest support is 4.1. If it breaks down, I expect a continuation of the correction, but a bounce upwards is also not excluded. I am waiting for news, but for now:
Buys: 4.004 / 3.963
Sells: 4.404 / 4.468 / 4.567
⚠️ These are just my assumptions; news can turn everything upside down.
DYOR and manage your risks.
Wishing everyone good spirits and highly profitable trades 😉
