Continued shopping in the new week

22 dic 2024

Before the start of the new week, let's look at the market position and the prospects for a new weekly candle. After an aggressive continuation of sales within the framework of the annual pullback, as expected, ether is attempting a reversal, the purpose of which is to retest 4000 at least and likely consolidate higher. Today and tomorrow, there is still a possibility of a new sales impulse at 3150-250 with continued growth from the second bottom. Aggressive rebounds can be expected from 3750 and 4000 due to the low opening of the week and the continued likelihood of a transition to stable sales from the 4000 retest. The coming statistics and dynamics of the foreign exchange market will have a great impact.
Against the background of the attempted reversal on the air, individual alts also made similar reversals. AST and VIB showed good growth waves. The AST has weaker signals for a move, and therefore a new wave of growth can be expected in the new week after the shadow is drawn on a new weekly candle with a retest of the current loyalties. This month, there remains an opportunity to test the range of 0.15-25 when ether returns to a bullish trend in the coming week.
According to VIB, the signals for the move are much stronger, as well as it is in a more oversold position on large timeframes, and therefore growth may continue in a row with a test of 0.125-150 today or tomorrow. This is also facilitated by maintaining top growth in binance, which provides a good inflow of liquidity. With a successful breakdown of 0.125-35, the probability of a test of the range of 0.12-15 remains with stable ether.
VITE also remains interesting, which has not yet shown an attempt to reverse the weekly candle, and therefore a wave of growth is likely today. However, coins were added to circulation at the end of last week, which is highly likely to lead to a rebound from 0.0175-900 and an attempt to move from a repeated retest of loyalties.
Also, good growth waves in the new week can be shown by coins located at strong supports OG ALPACA PIVX VIDT BIFI UFT FIRO CREAM WING AMB PDA.
There is a rather negative trend for TROY, we have not seen a break since the third wave, and therefore there is a high probability of a rollback to 0.0025-35 in the new week. Price retention is possible only if yesterday's daily candle breaks today.

24 dic 2024

Trade attivo

To date, active alt purchases are continuing, with the goal, like ether, of retesting the opening level of last week. This level is a resistance until the ether goes above 3750-4000 and then there is a possibility of a bearish reversal of the current weekly candle. Attempts at a reversal with active sales can be expected tomorrow and on Friday.
In particular, the retest of last week's opening has already been given by VIB. On the daily and 4-hour charts, there is a fairly active trend cancellation, which increases the probability of a 0.07-8 retest with a repeat attempt by the end of the week.
For coins such as OG AST ALPACA PDA VITE PIVX VIDT BIFI UFT FIRO CREAM WING AMB, the movement towards last week's opening retest is just beginning, and therefore we can expect significant impulses to continue the trend.

26 dic 2024

Trade chiuso: obiettivo raggiunto

Tonight, with a continuation tomorrow, there is a high probability of a repeat wave of sales to turn the weekly candlesticks on coins into bearish ones, which I emphasized on Tuesday. Starting tomorrow afternoon, there is a chance of a new wave of purchases with local coin disruptions over the weekend. However, on Sunday, it is worth carefully weighing money management and reducing positions ahead of next week's change of year. On Sunday and Monday, there is a high probability of sharp sales to roll back the annual candle with a continuation in the new year, which can lead to prolonged drawdowns.
As we approach the end of the year, coins continue to show an attempt to reverse the annual candle, which did not work out this growth, remaining under the pressure of an established bearish trend on large timeframes. It's nice to see once again, in a bear market, many coins selected to work at the top of the growth.
To date, I have worked out the FIRO goal, I do not recommend it for further work, since the rollback on the annual candle has already been worked out, and this week there was only a retest. The overall picture looks like a continuation of the medium-term bearish trend. The monitoring tag has been assigned to this tool, which indicates a possible delisting in the future. The current refinement of technical goals may have been an exit pump.
According to VIB, the main target range of 0.15-25 has also been worked out, which we were looking forward to. A powerful signal has been left for further overshooting with a likely test of 0.25. Tomorrow, if the sales tops are successfully extinguished, VIB may return to the trend from 0.09-10. With a more aggressive drawdown of the tops, there is a test probability of 0.075-80.
The AST continues to grow steadily. Tomorrow, there is a possibility of a rollback to a retest of 0.110-115 with a strong market drawdown and a rollback from 0.12 with a slight drawdown of the tops. Next, there is a chance of overshooting up to the 0.17-21 test.
PIVX has left signals allowing for continued growth in a row. Support at the moment is the 0.325-350 range, in an optimistic scenario, a new daily candle will open above 0.35, which will lead to a breakout in the first half of the day. The target at the moment is a retest of the 0.5-6 range.
The PDA, similar to PIVX, is highlighted by signals for continued growth in a row from the current level. In an optimistic scenario, a further breakdown may occur as early as the morning. The main support is the 0.0450-475 range. The growth target at the moment is a retest of 0.075.
For coins such as OG ALPACA CREAM WING BIFI UFT VIDT, there is still a possibility of new disruptions over the weekend. CHZ has also returned to strong support, which can be held in the mid-range with a retest target of 0.15 at least.
As expected, VITE shows negative dynamics due to the addition of coins to circulation. There is a test probability of 0.010-11 with active sales at the top, from where we can expect a new wave of growth with an attempt to go to 0.02+. VITE, similarly to FIRO, was assigned the monitoring tag, and therefore there is a high probability of delisting in the future. As I have noted more than once, it is worth working with the assets of this tag in the second half of the week, or after the next delisting announcement, making sure that they are not included there.
At the end of this week, I recommend reducing positions as much as possible, as I expect the monitoring tag to be assigned to new coins in the first week of the new year, which will lead to a prolonged drawdown. We have already observed that the tag is assigned to coins of different classes, including strong projects. After a sharp drop in the price of tag assignment, in most cases, a retest of the level at which the announcement was given follows, however, this may take a long time.

1 gen

Nota

I would like to remind you that at the start of a new annual candle, the probability of a market drawdown prevails, and therefore I recommended reducing positions on Sunday in preparation for the change of year this week. There are still undeveloped targets for bitcoin, up to 75k, which can be worked out in the near future. The year opened below 95k, which gives a signal of the predominance of sales. An opening above 90k is a positive signal that will smooth out the pace of sales and maintain the probability of holding the flat in the range of 85-115k, however, positive factors in the form of a falling dollar or rising oil will probably be needed to continue growth. In case of their absence, the market will continue to slide.
Ether looks more optimistic. The year is open below 3,500, but above 3,250, which also gives a signal for possible sales up to 2,750-2,500, but retains the possibility of growth up to 4,500-5,000. The most interesting is the opening of the year above 0.035 in the eth/btc pair, which gives a buy signal to at least 0.05.
The overall picture provides opportunities for the continuation of the altseason with falling tops. Trading is likely to be difficult, as in December, with the growth of individual coins while stopping the decline of the tops and trying to reverse them.
At the moment, against a possible aggressive drawdown of bitcoin, the probability of growth of individual coins is rather weak. Small breakouts similar to OG CREAM TROY can only be shown by PDA ALPACA or VIDT so far, as the left bullish targets have not been fulfilled and remain in a rather oversold position. I'm in no hurry to take other coins into work until the dynamics of the tops are determined.
I expect to assign the monitoring tag to new coins in the coming days. If the tag is not assigned to VIB, this token will again become the top option for work, since a powerful signal has been left for a repeat test of 0.15 and a likely hike to 0.25.
Also, VITE remains in the most oversold position, which can show good growth waves after the end of the drawdown of the tops. As with other coins of the monitoring tag, I recommend working with it in the second half of the week, as delistings most often occur in the first.