Hi, crypto enthusiasts! I'm an intermediate crypto analyst. I focus market analysis and strategic investments. I am long term investor. forgot my portfolio
I am sharing my analysis based on my small crypto journey and experience.
$BTC formed a double candlestick pattern - bullish engulfing in the $52,000 to $59,000 zone, which later pushed the price to an all-time high of $108,000, creating Top 1.
From $108,000, the market experienced some decline and established a new support level in the $89,000 to $90,000 zone. From there, BTC surged again, touching a new all-time high of $109,000, forming Top 2.
The candlestick that touched the highest point formed a shooting star candle at the top. A shooting star candle is a bearish single candlestick pattern, which indicates a potential market downturn.
In the following week, a red candle appeared, and together with the shooting star candle, it formed a double candlestick pattern - bearish harami, which strongly influenced the market downward.
Given the current market condition, there is a high probability that the $89,000 - $90,000 support zone will break down, forming an M chart pattern, potentially leading the BTC price to $72,000 - $74,000.
Bulish gap on weekly tf has been filled , now we just need confirmation on lower timeframes . Goodluck to those that are expecting it to go lower instead of doing dca
If $AVAX X hits $18, it would form a double bottom, potentially signaling a strong rally. However, market news could impact its movement, as $AVAX AX is currently in a bearish trend.
Suggested Buy Levels:
First entry: $18.64 (25% of your fund)
Second entry: $18.00
SL: 16.70
Take Profit Target: By 1st half of April
TP1: 25 Tp2: 35 Tp3: 53
Trade cautiously and stay updated on market conditions!. #DYOR
Upcoming $AVAX Events & Token Unlock
Token Unlock: On May 21, 2025, Avalanche will unlock 1.67 million AVAX tokens (0.37% of total supply).
Avalanche Summit (April 2025, Barcelona): A major gathering for developers, investors, and users to discuss Avalanche’s decentralized tec hnologies.
AVAX Hackathon & Developer Conference (August 2025, San Francisco): Focused on DeFi, smart contracts, and Avalanche subnets.
also I will suggest you that you should acknowledge some basic fundamental of crypto... easily you can get from youtube, then try to learn what is support and resistance in crypto.
Zaalogg
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thank you! I just started eith only 50€ for practicing! looking forward to learn from you!
you should buy $AVAX you can set your buying limit of $AVAX at 18 Don't buy with 50€. mean not with your All fund. You should keep your 70/50% of your fund/ money for DCA
Zaalogg
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thank you! I just started eith only 50€ for practicing! looking forward to learn from you!
$SOL Based on my analysis of the Solana (SOL) token, I anticipate that SOL could drop to $120 and potentially further to the $110 support level. If this support breaks, a major breakdown could occur.
I recommend buying SOL at $120 and $110, allocating your portfolio accordingly.
On March 1, 2025, Solana will unlock 11.2 million SOL tokens worth $2.07 billion, making up 2.29% of its total supply. This event could impact market dynamics and price volatility, drawing close attention from investors.