The market is still moving boringly and waiting for news about the BTC reserve in the US, but I can note two outcomes of events 1) At the moment, the daily candle has retested EMA 21, after which it is logical to go to the order block at (101600-103000) and from these values we watch the reaction, if the price bounces from 102 thousand on increased volumes, then we can take a short with the expectation of a further fall with three targets 1. 99000 2. 95200 3. 93900
2) But if we close below EMA 21 with the daily candle, then I expect a decline to the area of the next order block (93000-92000), also we watch the volume at 93000, if there is a strong reaction to buy, then we close the short and change shoes with further growth to the following targets: 1.95000 2.99000 3.101700
Concerning the fundamentals: everything is also positive, if there is no new news about duties. Profit to everyone and a good weekend!)
At the moment, we are cutting the order block, below 95100 they are unlikely to be taken; I am in positions and expecting a rebound from the level. Also, fundamental analysis According to the latest data taken from the social network x.com from the Cointelegraph channel, there is news that
Representatives of the state of Texas have repeatedly stated that they aim to create a full-fledged BTC reserve, and the state is also actively investing in ETFs.
This is positive news for BTC, as the creation of a BTC reserve even in one state of the USA will be the first step towards a full government reserve, so if there is important information about this tomorrow, we will definitely publish it and go up to break my previous level at 102 thousand.
$XRP #Xrp🔥🔥 The deal I talked about yesterday was completely recouped, they took away the 4% drop of everyone who came in, congratulations on the profit
$XRP #xrp #LowPrice At the moment, the imbalance is working out after I expect the order block to touch and move lower to the new imbalance stop for the level, I expect it to work out, in btc, exactly the same situation, a decrease today-tomorrow, after which a full-fledged growth will begin
Overview for 17.02-23.02 Bitcoin breaks the trend line and starts to rise with significant purchases from the zone of 97300, I am in position with the first take profit at 99k, from there a new bounce is possible, but if we break through, we will also enter on the retest and wait for 102, which is currently the strongest resistance level. Upon reaching the 102 level, I will consider short positions. The news background is currently nonexistent, Trump says one thing, Powell says another, resulting in confusion that leaves people unsure of what to do. There are already quite a few shorts accumulated, and I see messages from people who expect 50k this month. Thanks to them, we will continue to rise higher and higher) According to the liquidation map, there are also two zones we can reach. First, I expect a move to 100-102, after which we will shake out the longs at 92-90. Wishing everyone profit and a good rest!
The situation with Ethereum is similar to Bitcoin; we have broken the trend line and are starting to reverse. At the moment, EMA50 and EMA200 are pressing from both sides. We are waiting for a move into the 2850-2900 zone next week. A lot of shorts have accumulated, which I mentioned in my last post about ETH. Based on this, we expect long-term growth. After reaching 2900, there may be a new bounce to 2500, from where I will fully start accumulating my position in the medium term.
According to the liquidation map, there are also two zones: 2800 and 2500.
In summary, I expect growth to 2800-2900 and from there, I will consider a short to the lower boundary. If we break and hold above 2900, I will play long in the short term. Wishing everyone profit and a good rest!
$VVV #VVVUSDT The coin moves exclusively according to its own trend regardless of Bitcoin, beautifully reflecting each descending and ascending trend, it can be taken in both directions trading in the short term, Volatility is very strong, don't forget to set stop losses if someone large decides to exit, we will drop quickly and also rise just as fast, in the near future I expect an all-time high when Bitcoin starts its rise the coin will begin to fall, as funds will flow into more confident assets. Wishing everyone profit!
Let's break down why this coin will soar higher than all during the Bitcoin turnaround 1) News background: Elon Musk is actively promoting the coin, which gives it a significant boost; additionally, the team has applied for an ETF, which would provide even more growth if the application is miraculously approved) 2) In every seasonal Bitcoin rise, the coin has grown alongside it rather than stagnating like other altcoins and memes, all because this happens time and again, leading people to start buying it up, resulting in such strong growth for the coin 3) Funds are actively buying the coin during every correction; they believe in it for good reason. During the severe downturn at the beginning of 2021, those who bought Doge and exited later in early May saw a position increase of over 1300%. The coin ranks 8th among popular coins, and after the recent correction, it is undoubtedly worth investing in and expecting to reach new heights.
Ethereum holders have withdrawn more than 224,000 ETH from centralized exchanges in the last 24 hours, marking the largest outflow in nearly two years. This indicates that holders are confident in the long-term prospects of the coin and do not intend to sell at this time.
Hedge funds have also increased short positions by 40% over the week, which could lead to a significant short squeeze and a breakout from consolidation (above 4k), driven by the rise of Bitcoin.
Currently, we are stuck in the range of 2k-4k; the last time we were in a sideways trend (consolidation) for a long time, we grew by 100%. After a strong rise, we find ourselves in a sideways trend again, and upon exiting it, a rise of about 100% is also expected. I anticipate a price of 7k, after which I will gradually close positions.
ETH remains strong in this market, and the factors I mentioned also signal good growth; the bull run has not ended, it is just beginning)
You can enter now or wait for a breakout from the sideways trend followed by a subsequent retest.
LTC Let's break everything down 1) Technical analysis At the moment, we are in a small consolidation (98-133) after exiting consolidation first target 280 second 400 third 700 The Fibonacci grid also signals growth It is also worth noting how quickly the coin returned to previous values after the correction in early February; it was actively bought back by both individuals and funds 2) Fundamental analysis The coin has a 90% chance of receiving an ETF compared to sol's 70% and xrp's 65% — a good sign on which the coin went up Its quantity is limited to 84 million coins Transaction confirmation time in the LTC network is 2.5 minutes
I see entry after breaking the consolidation (140$) or going to the lower boundary (100); it's still too early to buy, we may go lower