*"Successful start to the week: Are you ready to ride the wave of profits? Here’s your chance!"*
Strong movements are being witnessed in the cryptocurrency market today! Here’s a quick glance at the performance and a smart trading plan for each major currency according to the picture:
1. BTC - $104,646 (+0.95%)
Analysis: Bitcoin continues its gradual rise, indicating strong stability above the $100,000 barrier.
Plan: Buy on corrections near $102,000 with a target at $108,000 and a stop loss at $99,000.
2. ETH - $2,516 (+4.51%)
Analysis: A strong jump and a break through the resistance at $2,400, confirming an upward trend.
Plan: Buy now with an initial target of $2,700, stop loss at $2,400.
3. USDT - $1 (+0.02%)
Analysis: A stable currency, used as a haven to protect profits.
Plan: Hold for quick conversions at opportunities, or to avoid market fluctuations.
4. XRP - $2.37 (-0.77%)
Analysis: A slight correction after a wave of rise, with strong support at $2.25.
Plan: Buy on support with a target of $2.55 and a stop loss at $2.20.
5. BNB - $657 (+0.85%)
Analysis: A stable upward trend, hovering around previous resistance levels.
Plan: Buy now with a target of $685 and a stop loss at $640.
6. SOL - $173.96 (+2.07%)
Analysis: Strong performance and gradual break of the $170 levels.
Plan: Buy on break of $175 with a target of $190 and a stop loss at $165.
Expert Advice:
Ensure to use strict capital management, and do not enter all trades at once — choose the most suitable according to your strategy.