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PROFIT_PILOT
Bullish
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#COMP #Compound $COMP Hey, guys, COMP broke the downtrend, looks good to take 66$ and 75$. Local support at $50 and $44. Stay tuned.

#COMP #Compound $COMP

Hey, guys,

COMP broke the downtrend, looks good to take 66$ and 75$.

Local support at $50 and $44.

Stay tuned.

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#BTC #Bitcoin $BTC Hey, guys, this is the weekly bitcoin update. In the last update, I talked about the smart money continuing to buy and that the move would go higher, with targets of 69-70k, targets fully met and even exceeded, price was projecting the 72k zone. Last week was positive for the market - etherium ETFs were approved, a cryptocurrency law was passed in the U.S., which may give the right to financial institutions such as pension funds to buy and store cryptocurrencies, as well as all week the inflow of money into bitcoin ETFs did not weaken and the amount of inflow amounted to about 1 billion dollars. Seasonal analysis of bitcoin shows that June and July are pretty good months and 60% closed above the open. Technically, the week closed well and the price is trading near the upper boundary of the global sidewall. Now the instrument may start consolidating to “accumulate gasoline”, for further breakdown of 72k. The key support is below 64k, where the main buyer's volumes passed, which pushed the movement and in case of going below, the uptrend will be broken. Therefore, for the continuation of growth it is important that the price remains above this zone. Always DYOR. Stay tuned.
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#ETHETF #BTC Hey, guys, this week is filled to the max with non-verbal interventions in the cryptocurrency market. Let's take another look. 1. the White House blocked the creation of a CBDC for the federal reserve system- This is a kind of Everton window I think, first you spread rumors, then you talk about it openly, then you ban it, and the next step? 2- The hype around the adoption of etherium ETFs- SEC approved all applications. 3. hype around the repeal of the FIT21 law - prohibiting financial institutions such as pension funds to buy, store cryptocurrencies, for reference in the U.S. pension funds are about 20 trillion, if a small part of it starts to go into crypto, you, I think, understand what it will lead to. If I missed something, please correct me. Stay tuned.
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#XRP#Ripple $XRP Hey guys. Coinbase is adding trading for NY residents. Locally positive but until the price breaks 0.55 I don't see the point in trying to buy this. Stay tuned.
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$DOT #DOT #Polkadot Hey guys, Polkadot looks good for buying, the instrument has broken the descending local trend, as well as the price at the breakdown zone of rectangular consolidation. On the daily chart it is seen that the price has stopped at its moving averages. Also we have injected a large volume, after which the price does not roll back, which indicates the control of buyers and this is a bullish sign. Based on this, we can consider buying at the breakdown of the local sidewall, or above $7.7-7.8. Cancel scenario and stop zone below 6.8 and more distant 6.4 depending on your risk profile. Always DYOR. Stay tuned.
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#XRP #RIPPLE $XRP Hey guys, an update on XRP. As we talked to you last time, the logic of working in horizontal consolidation has worked. Profit about 10%. At the moment, technically we have bounced back from the upper boundary of the 0.55 zone. And as long as we are inside the consolidation, we can work only from the borders. I would advise to wait for signs of a breakdown and consolidation above 0.55 or again to wait for a decline to the lower boundary and there to consider the Long again. Stay tuned.
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