ALTCOIN MARKET REVIEW
from the CryptoPrime team
07.02.2024:
#marketoverview#Web3#token
Volume - 931 million/24h
On M15, the price is actively rebounding from the downward trend since February 5 and has formed a local downward trend.
At the price of 3.2819 a mirror level was formed with a test twice and a trade under the mirror.
In the test zone of the mirror level, the price intersects with the descending one.
If the price stays within the flat and there is a squeeze to the mirror, I will open #LONG
Volume - 629 million/24h
The coin is in the TOP of growth at the moment.
On H1, the price has been falling within the wedge since January 20 of this year.
Also, before the growth, the asset formed support at 0.4697.
I expect a local downward movement before testing this support for confirmation.
If the test takes place and the price is held at it, then I will open#LONGfrom it
Volume - 22 million/24 hours
Scalping situation.
The coin is illiquid.
On M1 it stopped in accumulation. Before that there was a growth in price and volume.
I expect a breakout of this accumulation of 0.03689.
If the glass is active at the moment of the breakout, I will open a deal for the breakout in #LONG, with the aim of taking the momentum
Profit to everyone!!!
