Today, on the brink of changing the monthly candle, I want to once again consider the market situation and prospects for the coming week. The price this week has once again worked out according to the forecast for a local breakout and test of 3750. Moving forward as planned towards the change of the month, the probability of consolidation around the key level of 3500 predominates, which determines the direction towards 5000 or 2500 in the case of consolidation below it. I think the new month will open above 3500 due to the positive opening of the half-year, quarter, and second half of the quarter, which signal support for purchases. Today, there remains the likelihood of breaking 3750 with an attempt to close the month above, but with lesser probability, as this week the attempt to retest 3000-3100 was bought back, and this target remains for the new month, which puts pressure on the market.
Today GFT reached the planned take profits despite the upcoming delisting, confirming the strength of the project and the technical goals I outlined. Congratulations to those who were not afraid to enter again during the exit pump, making a large profit. From the target range of 0.031-35, there is a prevailing probability of a lower low. It is possible to try selling on exchanges that have such an opportunity for this asset.
New opportunity for purchases after the current correction
After today's delisting, trust in coins with the monitoring tag and Binance's policy has been completely lost. Strong projects that showed decent trading dynamics, such as GFTIRISREN, are being removed from trading just to create a forced correction in each group of altcoins. From now on, I will trade all coins with the monitoring tag with equal caution, regardless of the strength of the project. I will only take such instruments into regular work strictly after the next delisting announcement and until a week after the actual delisting of the announced coins. After a week post-delisting, I will work with these instruments strictly from the second half of the week, as the overwhelming majority of announcements were in the first half. Coins with the monitoring tag still remain an interesting tool to work with, providing sharp and large growth impulses of up to 70-100%, like PROSOAXVITEAKRO, while spending most of the time in an oversold position, reducing the risk of further drawdown during market pullbacks. However, I recommend working with these instruments with sufficient experience and adhering to the protective measures I outlined.
As we approach the end of the month, the probability of a correction is growing, in connection with which I would like to once again consider the prospects for the coming week. Bitcoin successfully pierced the key level of 100k, which was the main target of the bulls, a signal for further market growth was left. However, this movement occurred against the rapidly growing dollar and closer to the close of the monthly candle there is a possibility of the cryptocurrency leveling off under the currency market with an attempt to turn the monthly candle into a bearish one. For Bitcoin, this may threaten a retest of 75-77.5k. This movement will occur against the formed trend, which with a high probability will lead to a quick buyback and a pinbar on the daily or weekly chart with continued growth in the new month with targets at 110-115 for Bitcoin.
As of today, the altcoin index is finishing a pullback on the retest of the established support at 9% and drawing a shadow on the current weekly candle. From tomorrow, there is a very high probability of a reversal of the weekly candle on the index with an attempt to break above 10%. Within this movement, one can expect reversals of weekly candles for individual coins with the aim of exceeding last week's highs at least.
Week's reversal within an attempt to continue the trend for coins
As of today, we have reached the middle of the week, after a slight pullback and the formation of a shadow in the current weekly candle, some coins are returning to continue the trend. Good impulses of up to 40% were shown by AST and VIB, which I considered for work primarily. According to AST, there was no breakout of last month's candle, which indicates a possible attempt to continue sales in the event of a significant overall market correction by the end of the month. However, there is a local breakout on the daily and weekly charts, showing a clear inclination to continue buying. Given this situation, I believe purchases will continue, but with a high probability already in the new monthly candle if the current one closes bullish.
The previous major impulse left signals for a retest of 0.025-35 at least and a move to 0.075-125 in the end. I prefer to constantly hold a major position everywhere below 0.0175 and additionally scalp when the price drops below.
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CryptoColloquium
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$GFT Currently, **GFT (Gifted Token)** is showing some mixed signals, indicating a cautious short-term outlook, making it more **bearish** for today. The cryptocurrency is trading at **$0.01677** and faces challenges like market volatility, with little upward momentum in the current trend. However, some support levels are holding, and the potential for recovery exists, depending on broader market sentiment.
Target Price: $0.0175 Buy Price: $0.0163
Article: Gifted Token (GFT) has struggled to find strong bullish momentum despite a stable current price of **$0.01677**. As the market remains uncertain, GFT is currently trapped in a narrow range. Traders should watch for any break above **$0.017** to shift sentiment to the bullish side. On the downside, a drop below **$0.0163** could signal further declines. Short-term traders should be cautious, while long-term holders might consider waiting for signs of a more sustainable rally.
$GFT Oh, my grandchildren, sit down and let grandma tell you about GFT, which is like a digital treasure of the modern world. Gifto is a cryptocurrency that started as a creative project, focused on bringing virtual gifts to content creators. Over the years, it changed direction and is now a token focused on decentralized finance (DeFi), with tools for creating digital wallets and faster payments.
Now, as for the chances of growth of this little coin in the future, there are mixed predictions. Some experts are optimistic, saying that the price could increase and reach values between $0.02 and $0.03 by the end of 2024, representing a return of up to 22% if all goes well. Others, more pessimistic, think that it could fall below $0.01 depending on the market. As for 2027 and beyond, some analyses indicate that the value could grow considerably, surpassing $0.08 in positive scenarios, but always with risk involved.
Grandma always says: before investing your "small change" in any investment, do your research and think about the future. And remember, the cryptocurrency market is like a rollercoaster – exciting, but full of ups and downs!
The indicators on the weekly and monthly charts still show a persistent bearish trend. A trend reversal is expected in the next three weekly candles. The deadline is the first days of the new month. The target will be 0.15-25
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linahasan
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$VIB There are only #vıb left in the market that could not increase. What do you think is the reason? I think the delist news is very close.
Considering that the patron of the project is a fairly large Asian company, they will spin it up and it will be a rocket. The only thing holding it back is the monitoring tag on Binance from 10X. Even with the 3X tag it was easy. Now the nearest target for retest is 0.025-35
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CryptoColloquium
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$GFT As of today, **GFT** (Global Financial Technologies) appears to be showing some volatility. Analysts are leaning towards a **bullish** outlook, driven by recent positive financial reports and product developments. However, the market sentiment is somewhat cautious due to broader economic uncertainties. The current trading price is **0.01736**, and its short-term potential looks positive, with a target price of **0.025**.
For investors looking to enter, the **buy price** is recommended around **0.016** as it shows some support. A correction back to **0.017** could provide an excellent entry point for long-term gains if market conditions remain favorable.
After the impulse that the token gave, there is a clear signal to test 0.075 in the medium term and retest 0.035-50 at least in the near term. Considering the altseason this month, we may well see 0.025-27 next week.
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Govos
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$GFT I can't write intricate words. I don't really understand the language of analysts who predict both growth and decline of currencies in one text. But nevertheless, I trade on the market using the strategy that I used in Forex about 15 years ago.
In short.... I have already written more than once that this coin is quite volatile. Over the last 6 months that I have been trading it, it has brought me a certain profit. Yes, these are not futures, but I pulled out my 35% from this coin. So, I am still happy.
At this moment, I adjusted my strategy and lowered the range of the real price from 0.01800-0.02000 to 0.01700-0.01800.. And I will try to work in this range and below. And then we'll see...
I'm putting part of $GFT into staking, which were bought in the range of 0.01800-0.01900... There are not many of them, but they exist... There are still spikes, but they need to be caught for further sale.
If you like the way I write and want to read me regularly, subscribe, and also don't forget about donations, each donation stimulates me to write further and work in this direction
Today I would like to consider the situation with GFT, which I consider working with first along with VIB. The second half of the quarter opened above 0.015, which gives a signal to support purchases. Overtrading in the range of 0.0150-75 is almost complete and if it consolidates above the upper limit, we can prepare for a transition to the flat range near the key level for volatility growth of 0.025 +-0.0025. In case of a successful breakout of 0.025, the road to 0.035 and 0.050 will open. With a positive scenario, a new monthly candle will open above 0.025, in which case the trend continuation will be quite confident. With a more negative market from the test of 0.025, we can see a rollback, in which case a new opportunity will form to profitably top up the position in order to continue the trend in the new month. As I have mentioned many times GFT has very high liquidity due to its wide presence on exchanges and the availability of derivatives. The only thing holding the price back from rocketing is the monitoring tag on Binance, which I think will be removed in the future.
Just a modern, technological and convenient replacement for currencies and stocks. Well, a reboot of the world bubble
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DreamWorld
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Why is crypto flying?
It's simple - we are on the eve of the seventh technological order according to Kondratiev😏 Crypto will replace the entire banking system, you can pay everyone for work in crypto - robots and people, robots will be able to pay each other in crypto.
I know in Ukraine two scientists have applied for a patent or invention on the use of crypto as a method of payment for robots ❤️ So keep this in mind😏