Btc monthly candle closed good and above 67k which is good sign for future.
We saw a breakdown of 67k yesterday after data was released which came out as expected.
Next move for btc is to range for few days and then we will see a major breakout and that will increase dominance of btc in market. But i am not focusing on btc because what comes after is most awaited altcoin rally.
Btc support areas are 67k 65k 62k, i am not expecting btc to go down below that.
Btc is holding 21ema in daily time frame and is in sideways movement which is good for alts to catch up with the market which are still lagging behind.
We can see bounce from 67k level and keep ranging betweeen 67-71k area.
If it breaks next support areas will be 65k and 62k respectively.
AR is one of the best performers this year, i have been accumulating this coin when it was near 4-5 dollars last year and see now its growth.
Definitely a great project for storage and in AI category.
Ar seems to be in correction week from last week but the future is very bright for this project. Storage sector will boom as the demand will increase in coming years due to high storage consumption. Better project than FIL coin in my opinion.
If you have missed the rally, do not miss it when it comes to 30-32 dollar area.
Dymension is great project although its been in a downtrend since its launch on binance, but DYM project is high potential and far superior technology than its other competitors.
It seems that this project has bottomed out at 2.3 area and there are bullish divergence forming on daily and weeky levels.
2.7 or 2.8 areas are good to enter if price retraces to that area before moving upwards. This can do easily 5x from current price.
Enter now and hold patiently and you will see your portfolio increasing in the next months.
If you learn to read chart and patterns then you have a higher chance of winning a trade.
Never enter in a trade seeing green candles, also not fomo in entering a trade, learn chart and wait for price to come to your setup and then execute the trade.
Once you enter into a trade always put SL and decide your tp according to your risk reward ratio.
Always identify and follow the trend, never trade against the trend.
Always enter with proper setup and wait for either target or your sl.
Meme coins are very risky yet seems very rewarding if you enter early but most of the people enter in fomo when you see your good altcoins not performing while shit coins like pepe, wif making new highs daily.
But if you have missed entry in these coins don’t bother running behind them and enter a high price only to regret it later.
Make a plan and invest in good coins with strong fundamentals.
A lot of meme coins are coming in market in bull run.
But remember only good coins will survive in this market.