Today, on the threshold of the monthly candle change, I want to once again consider the market position and prospects for the coming week. The price this week has once again worked out according to the forecast for a local re-high and a test of 3750. Further, according to the planned plan, by the change of the month, the probability of consolidation in the area of the key level of 3500 prevails, determining the direction to 5000 or to 2500 in 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 the second half of the quarter, which give signals to support purchases. Today, the probability of a breakout of 3750 remains with an attempt to close the month higher, but with a lower probability, because this week an attempt to retest 3000-3100 was bought out and this target remains for the new month, which puts pressure on the market.$ETH #newsdaily
by the close of the monthly candle, there is a possibility of the cryptocurrency alignment 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 is highly likely to 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. For vib, I expect a fairly stable continuation of growth with an attempt to consolidate above 0.1 and a further breakout at 0.15-25, since the token remains heavily oversold on large charts. But on the indicators of the weekly chart, a change in trend is already permissible before the end of the month, which will lead to more confident growth. There is a growth potential of up to 5X, but the bearish trend is not yet over. In addition to this, significant pressure is exerted by incomplete emission, in connection with which we can expect a rollback to retest 0.00375-400 with further growth above 0.005+.
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 up 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.
Friends, I mentioned just 9 days ago that Bitcoin would approach 100 thousand, Solana would be closer to 260, we practically reached those levels, congratulations to everyone who invested with profits, you can start to slowly secure your profits, now I see an opportunity in investing in the coins GFT and VIB, Doge also looks interesting, to earn 20-30 percent on your bank, I specifically recommend these coins for spot purchase #newscrypto $GFT
But as of today, I want to consider, in addition to the opportunities for profitable scalping, the main medium-term picture and the growing probability of the main wave of growth. As I expected, before the opening of a new monthly candle, there was an attempt to retest the key volatility growth level of 0.25, but the negative overall market dynamics did not provide sufficient volatility. However, the gradual growth of the trend has accelerated, allowing the second half of the quarter to open above 0.175, providing a clear technical signal for a transition into the range of 0.25-35 and growth in the second half of the quarter. Indirectly, this also hints that delisting for the token seems to be unlikely for now.
In addition to the risky option for scalping OAX, which can bring a profit commensurate with the worked out PROS, I am still considering more reliable options for work, without the monitoring tag, VIB and AST. AST has an incomplete emission, which is a pitfall and creates a risk of a price drawdown in the event of an increase in the number of coins in circulation. There was also a delisting from OKX, which raises suspicions. However, the number of coins has not increased yet and the exit from the triangle downwards turned out to be false. Also, the optimistic overall picture of the market contributes to purchases. In addition, the month and, more importantly, the second half of the quarter opened above the key support of 0.75. Technically, we have a signal for an attempt to reverse the annual candle, which is happening now on alts, with an attempt at a new annual high. #newscrypto
Today, the altcoin index is finishing a rollback to retest the formed support at 9% and drawing a shadow on the current weekly candle. From tomorrow, there is an extremely high probability of a reversal of the weekly candle on the index with an attempt to exit above 10%. Within the framework of this movement, one can expect reversals of weekly candles and for individual coins with the goal of beating the high of last week at least. In addition to vib and gft, which I am currently considering for work as the most oversold coins on binance, I took akro into work. This token, like gft, has high liquidity due to its fairly wide presence on exchanges and the availability of derivatives, which leads to quite volatile breakouts. At the moment, an extremely high potential has been accumulated for working out volumes aimed above 0.0075. The current monthly candle opened above 0.004, which gives a signal for a move up to 0.0060-75 already this month. In case of a general rollback on the tops or insufficient volatility, we can expect a breakout of 0.005 at least, with an attempt to continue the trend in a new monthly candle. On smaller timeframes, a change in trend from the main support zone to 0 is already observed.00350-375. #Altcoinseason2024
Friends, I mentioned just 10-14 days ago that Bitcoin would approach 100 thousand, Solana would be closer to 260, we have almost reached these levels, congratulations to everyone who invested for the profit, it’s time to start gradually securing profits, I now see an opportunity in investing in the coins GFT and VIB, Doge also looks interesting to earn 20-30 percent on the bank, I recommend these coins for purchase on spot #newscrypto $GFT $VIB $DOGE
Bitcoin Price: From $70,000 to $95,000 in Two Weeks
The combined impact of Trump’s win and the Federal Reserve’s 25-basis-point rate cut initially propelled Bitcoin’s rapid ascent.
Before the US elections, Bitcoin traded around $68,000. Following Trump’s victory, the digital asset embarked on a rapid ascent, breaking through multiple resistance levels.
MicroStrategy’s Bitcoin holdings now equate to approximately one-third of the company’s $73.3 billion enterprise value and roughly 1.4% of Bitcoin’s $2.2 trillion market cap.
Saylor projects a $100,000 Bitcoin price by the end of 2024, with a potential long-term surge to $13 million over the next 21 years.
This ambitious forecast implies a nearly 15,000% gain from the current Bitcoin price.
In a CNBC interview, Saylor predicted Bitcoin’s eventual growth from 0.1% to 7% of global capital, driven by increased adoption by financial institutions.
He also envisions Bitcoin surpassing the S&P 500 in trading volume, attracting investors with its open, global, and unrestricted approach to capital markets.$BTC #Bitcoin❗
$DOGE We saw a pullback of Doge, which gives a retest at the level of 0.42, we received a slight pullback to 0.37 Now we see a retest again, whales started selling the coin at a high price, which brought a pullback, now we see the current candle of a bullish trend, which gives us a chance to invest assets at 0.38 And the subsequent level will again try a retest at 0.41, which will give us the opportunity to try the level 0.43, I strongly recommend to secure profits at the levels of 0.4-0.41, if we look at the level of investments from ordinary people and companies, it creates an environment for a bullish trend for this coin, everything will depend on whether Doge can reach the retest level of 0.41, then the coin will go up rapidly, which will give us a chance to gain more profit, wishing everyone well #newscrypto
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 by the index with an attempt to rise above 10%. Within this movement, one can expect reversals of weekly candles for individual coins with the goal of at least surpassing last week's high. Besides vib and gft, which I am currently considering for trading as the most oversold coins on Binance, I have started working with akro. This token, like gft, has high liquidity due to its fairly broad presence on exchanges and the availability of derivatives, which leads to quite volatile breakouts. At the moment, there is an extremely high potential for processing volumes aimed above 0.0075. The current monthly candle opened above 0.004, which gives a signal for a move up to 0.0060-75 already this month#Bitcoin❗ #BinanceBlockchainWeek
Now is the time to buy this coin, the candle has moved down, which allows us to see a retest, on the coin and literally what I said that the heights will explode again, and maybe even break records in the price ranges, so I recommend considering buying this coin for the long term or for easy money, support it in your wallet for at least 2-3 weeks, from which you will receive 20-30% to the bank, the capitalization of the coin is rapidly going up, large companies are slowly starting to pour information and money into this coin, which will give popularization and an influx of money, I also recommend taking this coin into long entry 0.1530, fixing profit 0.1950 for more risky traders, all the best, and good deals $OAX $BTC I expect an artificial pump of bitcoin within 98-100 thousand, which I wrote in my first article, we almost reached the level of 100 thousand, everyone who invested money, congratulations on the profit #Bitcoin❗ #newscrypto
Today, the altcoin index is finishing a rollback to retest the formed support at 9% and drawing a shadow on the current weekly candle. From tomorrow, there is an extremely high probability of a reversal of the weekly candle on the index with an attempt to exit above 10%. Within the framework of this movement, one can expect reversals of weekly candles and for individual coins with the goal of beating the high of last week at least. In addition to vib and gft, which I am currently considering for work as the most oversold coins on binance, I took akro into work. This token, like gft, has high liquidity due to its fairly wide presence on exchanges and the availability of derivatives, which leads to quite volatile breakouts. At the moment, an extremely high potential has been accumulated for working out volumes aimed above 0.0075. The current monthly candle opened above 0.004, which gives a signal for a move all the way to 0.0060-75 already this month.#Bitcoin❗ #BlumCrypto
CoW Protocol (#COW) — DeFi protocol based on Ethereum, designed to optimize trading results for its users through a unique combination of strategies. Ranks ~403 on CMC🔖
⚫️Founders and developers of the project👤: - Developed by Gnosis and created by a transparent and trusted community of engineers. Stefan George and Martin Köppelmann are the founders of the company, who have previously had experience in creating successful projects.
⚫️Market indicators📊: relatively normal. - Capitalization: ~$106 M, dynamics neutral. - Trading volume over 24h: ~$67 M
⚫Date of market entry: April 2022.
⚫Circulating supply: ~ 27%
⚫️Documentation and development⚙️: - WhitePaper / documentation — present, everything is described in sufficient detail. - RoadMap — no updates found for 2024-2025. - GitHub — 257 repositories created, moderately active development observed.
⚫️Price dynamics📈📉: neutral-downward. The price has been falling since the coin appeared on the market, but since the end of 2023, there has been active growth.
⚫️Additional downsides❗️: - Little additional information about the project online. - The platform has previously faced major hacks.
Arbitrum - one of the top Layer-2 solutions for Ethereum 🔷. Fundamentally, the asset is quite strong, but since the growth began in August, it has performed poorly so far.
The price has fallen into consolidation on the daily timeframe between levels ~$0.47 and ~$0.67. After a downtrend, the price reached its lows.
Currently, it is exiting the range. Resistance at ~$0.67 has been broken, and now the price is consolidating above it. The rise occurred on high volume 📊.
In the future, it is most likely that the price will move upwards. Growth is a priority 📈$ARB
As of today, we have reached the middle of the week, after a slight pullback and shadow drawing on the current weekly candle, some coins are returning to continue the trend. Good impulses up to 40% have been shown by ast and vib. Regarding Ast, it did not reach a higher high than last month's candle, indicating a possible attempt to continue selling in the event of a major overall market correction by the end of the month. However, there is a local higher high on the daily and weekly charts, which shows a clear intent to continue buying. Given this situation, I believe purchases will continue, but with a high probability already in a new monthly candle, if the current one closes bullish. For vib, the picture is more optimistic. A higher high has been maintained up to the monthly chart, which gives the green light to continue buying. Judging by the order book, today's impulse unloaded a large part of the sellers around 0.1, opening the path to attempt testing higher levels up to 0.15-25. There are also signals left on smaller timeframes for further adding to the position. Regarding coins tagged for monitoring, there is no delisting for oax and vite this week, which means we can expect a new wave of growth with an attempt to reach higher highs closer to the weekend.
In addition to the risky option for scalping OAX, which can bring profits comparable to the developed PROS, I still consider working with more reliable options, without the monitoring tag, VIB, and AST. AST has an incomplete emission, which is a hidden danger and creates a risk of price drop in case of an increase in the number of coins in circulation. There was also a delisting from OKX, which raises suspicions. However, the number of coins has not increased yet, and the breakout from the triangle down turned out to be false. Additionally, purchases are supported by an optimistic overall market picture. Moreover, last month and, more importantly, the second half of the quarter opened above the key support of 0.75. Technically, we have a signal for a potential reversal of the annual candle, which is happening now with altcoins, with an attempt at a new annual high.$OAX The price will soar upwards, which will allow to increase your bankroll, as the retest of the level is visible.
Today I want to consider the situation with GFT, which, along with VIB, I am looking to work with primarily. The second half of the quarter opened above 0.015, which gives a signal to maintain purchases. The trading in the range of 0.0150-75 is almost complete, and if it consolidates above the upper boundary, one can prepare for a transition to a flat range around the key level for volatility growth of 0.025 +-0.0025. In the case of a successful breakout of 0.025, the path to 0.035 and 0.050 will open. In a positive scenario, a new monthly candle will open above 0.025, in which case the trend continuation will be quite confident. In a more negative market, from the test of 0.025, we may see a pullback, in which case a new opportunity will form to profitably add to the position with the aim of continuing the trend in the new month. As I have mentioned more than once, GFT has high liquidity due to its wide presence on exchanges and derivatives. The price is held back from a rocket only by the monitoring tag on Binance, which I think will be removed in the future. A similar reversal pattern was worked out on VITE.$VIB #BinanceBlockchainWeek $GFT
Today, OAX can continue to please with profit. The token is finishing the extinguishment of the bearish trend formed on the weekly and monthly charts together with vib. In the process of investing against this trend, it gave several impulses of 50%+ and more than a dozen opportunities to earn 30%+. In my opinion, such trading is much more interesting than a trend with blurred goals and a long drawdown in the event of a market collapse, so I consider such coins for trading first.#oax #Bitcoin❗ $OAX
I still mainly consider oversold coins for work, since in an overheated market they have a high probability of growth, which we have seen once again this week. The most interesting one so far is vib with a possible breakout in the range of 0.15-25. Also, in the medium term, gft remains very interesting with a retest potential of at least 0.025-35. Given the high liquidity, the trend for it can be quite stable. Vite has already worked out its potential this week, since the movement higher contradicts the indicators and the formed bearish trend. I think it is worth considering new entries in the new weekly candle, if there is no announcement of delisting in the first half or it does not enter it. Unlike vite, oax, although it showed good volatility, but having targets at 0.25-35 and a practically extinguished bearish trend on the indicators, it can try to give a re-high for the week today - tomorrow. Further, I will also consider it for work in the second half of the new week. Also interesting for scalping in the new week may be ast firo and akro with possible growth waves up to 50%+. $VIB $GFT $AKRO