The current week is very good in the crypto market, despite a negative start: I see consistent opportunities in altcoins, just like in Bitcoin.
The area of $84,000 - $81,500, just above which we are located, is an important milestone, as most of the trading in this sideways market was often conducted within it by retail. Securing above it is a minimum task for the bulls.
For now, I am optimistic, divergences are playing out, therefore, there is a possibility to follow the trajectory indicated on the chart.
I would also note for you the large volumes that have occurred this week (such volumes were last seen in November at the beginning of the rise). Any surge in volume indicates interest from market participants. And the further direction of the trading of this interest always determines the subsequent movement of the asset. (There simply are no exceptions). $BTC
$BTC Hello everyone! 👋 *I'm sharing a little tip that might be useful for someone😉 If you don't chase large profits, but instead wisely invest, for example, $100 and carefully choose a crypto asset - then even with a monthly growth of just 1/4 (25%), if you lock in profits every month and reinvest USDT taking into account the new growth for each subsequent month (1. $100+25%=$125; 2. $125+25%=$157;.. and so on), then after a year, you will reach almost $1500 (1500% annually). Not bad, right? And if you also deposit an additional $10 into the exchange every month, which also starts working immediately, then after a year you will reach almost $2000 - and that will be much more attractive💪 Simple math with a reduced appetite for easy money, which hinders earning real money. No well-known bank in the world will provide you with such a percentage on a deposit as proper trading, and will give at most 100 times less. Wishing everyone patience, successful trades, and profitable trading! 🌟💫✨
The portfolio is not bad, crypto friend millionaire😎 atom ⚛️ are you not taking avax?
The Investor of tomorrow
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Good *black Monday* The case is replenished. You can even not look for a couple of days. I think there’s nowhere to fall further. In a couple of months, I think X will definitely be there. And the marshmallow at 1.477 is very sweet.
We broke below the fractal at $76,500, but we are not yet consolidating. The very fact of breaking this fractal indicates that the previous upward wave is corrective, therefore, there has not been an impulse yet.
The entire daily downward impulse may very well be completed, therefore, the subsequent upward wave, correcting the entire decline, will be relevant.
The fact that there are attempts to buy back is good, but it is still too early to make a final conclusion!
We broke below the fractal at $76,500, but we are not yet consolidating. The very fact of breaking this fractal indicates that the previous upward wave is corrective, hence the impulse has not yet occurred.
💡Why is it important to understand this? Read between the lines!
As you remember, $69k is a very negative signal for me regarding Bitcoin, so if it eventually drops there, we will certainly see a buyer's reaction, but globally this fact will only emphasize the weakness in the market.
Also, AT THE MOMENT (I emphasize this to draw attention) there is a bullish divergence on the AO oscillator. It may break, but if Bitcoin does not continue to decline with the next bars, then this divergence will indicate that the entire daily downward impulse may well be complete; hence, the subsequent upward wave, correcting the entire drop, will be relevant.
The fact that there are attempts to buy is good, but it's still too early to make a final conclusion! $BTC
We have broken below the fractal at $76,500, but so far we are not consolidating. The very fact of breaking this fractal indicates that the previous upward wave is corrective, hence, there has not been an impulse yet.
💡Why is it important to understand this? Read between the lines!
As you remember, $69k is a very negative signal for me regarding Bitcoin, so if it eventually drops there, we will certainly see a buyer's reaction, but globally this fact will only emphasize the weakness in the market.
Also, AT THIS MOMENT (I emphasize this to draw attention) there is a bullish divergence on the AO oscillator. It can break, but if Bitcoin does not continue to drop with the next bars, this divergence will indicate that the entire daily downward impulse could very well be completed, and consequently, the subsequent upward wave correcting the entire decline will be relevant.
The fact that there are attempts to buy back is good, but it is still too early to draw a final conclusion! #BTC $BTC
Once, we joked that the stock market would be poured into crypto... Checkmate, fundamentalists.
On the left - the Bitcoin chart measured against SPX500 (the American stock index), on the right - Bitcoin to the dollar.
An amazing property of crypto - it falls when the fund is stable and stands still when the fund is pouring. In short, China's response actions make investors think that the trash is just beginning.
Regardless of what is happening in the world, I always stick to my rules and my trading system. If you allow someone to unsettle you emotionally, you won't be able to make effective decisions and increase your capital! $BTC #BTC
Litecoin (LTC): The silver of the crypto world under the watch of whales
Market capitalization: 💵6.44 billion. +15% over the week (+$1 billion) Litecoin is not just "silver" compared to Bitcoin's "gold", but a reliable veteran of the cryptocurrency market with lightning-fast transactions and minimal fees. 📈 And judging by recent events – it has big plans!
The price continues to fall, and I think you know the targets based on the review mentioned in the previous posts.
✅83000 82000 81000 79000 stop 85500 There are 2 targets out of 4. Let's continue holding and waiting!
UPD: Only a little bit left until the 3rd target! There was a squeeze in some exchanges, but not yet on Bitget and BingX, but we are waiting. Let's see how the market behaves
The current week in the stock market closed negatively, which is basically a familiar fact. I noticed in the chats that many are waiting for further sell-offs because of this.
Overall, I can agree that $SPX may drop slightly lower, around 5400. If the index only limits itself to such a drop, then 🪙 $BTC is unlikely to even make a new low, as it currently looks more confident.
But in case 5400 does not hold, the next zone lies around 5200 - 5100, which will clearly lead to another negative impact on the crypto market.
Is anyone counting on a rebound next week?
Write in the comments what you think and how you are acting! #BTC $BTC #BTCTrading
In short, despite global market uncertainty, $AVAX looks extremely good: the downward movement from March 24 to March 25 can be recorded as a correction from the upward impulse of November 2023.
As long as the current local upward wave is not completely overlapped (i.e. the low of $15.46 is held), trading according to this plan is quite rational.
In this case, according to the ABC pattern, we can expect wave C with the following targets: 1 - $75.54; 2 - $116.36.
The current cycle is fundamentally different from previous ones in that each asset forms its own cycles, despite the fact that everything is falling and everything is rising. $AVAX
GameStop, a well-known video game retailer, has announced the acceptance of Bitcoin as a treasury reserve asset. This decision was unanimously approved by the company's board of directors.
Company financial performance:
Fourth quarter: Net income was $131.3 million, up from $63 million for the same period last year. However, revenue decreased to $1.28 billion from $1.79 billion a year earlier.
Cash reserves: After selling operations in Italy and ceasing activities in Germany, the company's cash reserves reached $4.775 billion.
Market reaction: Following the announcement, GameStop shares rose by 13% in pre-market sessions. Bitcoin prices also showed an increase in light of this decision.
$ETH Ethereum (ETH) is currently trading at approximately $2,077.91.
In recent days, ETH has demonstrated bullish momentum, reaching a high of $2,095.
However, analysts have identified significant resistance around the $2,070–$2,100 range. If Ethereum fails to break through this level, it may face a short-term pullback. Conversely, a decisive move above this resistance could pave the way for further gains toward the $2,200–$2,400 range.
Investors should monitor these key levels and market developments closely to make informed decisions.
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