This year, the markets are behaving quite unpredictably, breaking all past correlations.
Let’s remember that we are currently in a cycle of declining key rates in developed countries. Historically, during such periods, markets fall rather than rise as they are doing now.
The logic is linear and clear:

As you may have noticed, in our analysis we very often use the simplest indicator of technical analysis - moving averages.
This indicator has been used for over 70 years and is still one of the best indicators on the market.
The logic of this indicator is to average price values ​​over a certain period.

If the fall in the market surprises you, then you are not reading our channel very carefully or simply ignore the huge number of facts we have given that indicate what is already happening.
We hope that you are not one of those, and therefore do not feel afraid.

Meanwhile, Bitcoin collected liquidity in the first zone of $40,222.

Friends, we would like to congratulate you on a significant event - a full-fledged breakdown downward of the 6-year ascending channel of USDT dominance on the weekly timeframe! 🎉

This means that investors are entering the market to the maximum and all liquidity from USDT will now very actively flow into cryptocurrencies.

Previously, we have repeatedly said that our expectations in the medium to long term are exclusively bullish and the market is now only at the initial stage of growth.
At the same time, in the short term, during this or next month, we expect a serious correction, the purpose of which is to take assets from weak hands.

📈 Purchase of Injective
Ticker: INJ

💡Entrance price: $22.7
🦌 Stop loss: $19.92(-11.39%)
🎯 Goals: $29.8$36.9$40.9$

Risk profit: up to 6.5 to 1

The coin entered a medium-term upward trend, which successfully kept the price from falling below the entire 2023-2024 year. At the same time, unloading overbought indicators.
Locally, the bullish Wedge pattern is finishing forming, which is confirmed by bullish divergence.

How quickly people's moods change. Literally 2 months ago everyone was buying the market at a high, and now everyone is in a panic selling their assets at a loss.

In past posts, we have repeatedly explained that in the future the market will do everything to take your positions.
This is especially true for positions with leverage from which the market has finally been cleared, and this can be seen from the liquidations, which during the current collapse amounted to only $480 million🩸

3 months ago, you and I earned $LTC on this coin due to the halving, where we calculated the peak of growth and the beginning of the fall of the coin with an accuracy of the day.

After this deal, we wrote that after halving the coin would eventually reach $45-60 per coin.
📉As a result, the price reached this mark having lost a little less than -50%.

Most of the crypto market assets closed the weekly candle in the red zone, and only a few projects closed in the green zone.

The fear and greed index is at neutral levels, indicating investor uncertainty about future movements.

And Bitcoin once again failed to close the weekly candle above the long-term moving average MA200w.

While the crypto market is stagnant, there is very low volatility and nothing is happening at all, it makes sense to speculate in other assets. $BTC stupidly frozen in one place.
Today we will look at gold. 3 months ago we posted analytics on this asset and now the price has reached the levels we expected. Which means it's time to update the forecast.

For some reason, most people are interested in this particular SAND coin. Let's figure out what interesting things can await us there.
The project is a game on the blockchain. The game is terribly boring and at its core is just a metaverse with not much to do.

The hype about metaverses has long passed, but a check of site traffic showed that more than 500,000 users per day consistently visit the site of this game and this figure is growing monthly. This means that the demand for coins for purchasing in-game items is also logically growing.

In 2023, there are still people who do not know what cryptocurrencies and Bitcoin in particular are. Also, there is a certain caste of people who have a very negative attitude towards this type of asset and call it all a pyramid or MMM. Let's figure out what are the pros and cons of cryptocurrencies compared to the stock market.

The last two months have seen an unusual phenomenon - a complete loss of correlation between $BTC and US stock indices. The SP500 index is strictly following our scenario and we thought that the same would happen with Bitcoin.

In past years, BTC clearly followed the Sp500 and Nasdaq, but at some point this connection disappeared and BTC began to grow. This is clearly visible on the chart, which displays the SP500 index and the BTC price chart (orange line).

Tomorrow, September 13, there will be a hearing on the application of the bankrupt FTX to sell tokens from the balance sheet to pay off its debts.
If this application is approved, then bankrupt FTX will sell tokens totaling more than $3.4 billion on the market.
FTX representatives have already stated that they plan to sell cryptocurrencies from their balances in the amount of up to $200 million every week.

Not many crypto projects can boast of constant growth in their user base and turnover of funds within the network. From a fundamental point of view, it is precisely such projects that are truly interesting as trading ideas. Today we’ll look at a project like Uniswap and in this article we’ll figure out what kind of project it is and when you should start buying a token of this project.

We hope everyone had a good rest this weekend and are ready to start the new work week.
Last week, most cryptocurrencies closed in the green zone, and on the US stock market, almost all shares included in the sp500 index turned green.

It turns out that investors turned on the full RISK-OFF mode and began purchasing heavily oversold assets.

Imagine the situation if there were only two computers on our planet (this was once the case).
It is unlikely that this was somehow valuable for humanity.

But now 10 people have this device - it can already be used somehow.

1000 people have a computer - many do not understand what it is and begin to ridicule or criticize it.

Yesterday we deliberately did not read any media and did not open charts, so as not to make mistakes due to emotions.
Today, after reading the news about the approval of the ETF, we were quite surprised that Bitcoin $BTC did not react to this event at all.

But in general it is quite easy to explain:

At the end of 2023, a massive hype began in the SOL coin and the project turned into an ordinary sect. I think many people noticed this...
How many such sects were already on the markets?
They can be listed endlessly: $XRP $LUNA SPCE $BCH GAZP and many many others...

🚕 A typical “Vasya” working as a taxi driver and not understanding anything about the markets, foaming at the mouth, proves to everyone that growth has just begun and the project is super-duper promising.

“Tamara and I walk as a couple” - this phrase is perfect for coins $KSM and $NEAR . These two coins have been following each other since their existence and such a correlation is not an accident. The fact is that Kusama is the test network of the NEAR project. This test network works longer than the main project and more applications are running inside it than in the original.❗️ We wrote about these projects in great detail in our article 2 years ago. On the chart at the beginning of the post we superimposed the KSM coin on the chart, the NEAR coin chart (orange line ).As you can see, NEAR is overtaking KSM, which means that KSM will soon catch up with its brother.✔️ We have already told you about such a correlation using the example of coin $GAS and NEO 👉 Вспомнить We hope you then made money on this, as we did by closing a position on NEO with a profit up to +66.89%. We have already added the KSM coin to our portfolios. Today we are sharing this trading idea with you so that you too can make money. 🕯 Technical Analysis The coin is just returning to listing marks. Moreover, the coin has broken through all moving averages on a growing volume, and the profile volume shows high interest at current levels.Over the past 2 months, volumes have been growing very strongly, and the indicators have left the overbought zone. A strong bullish Golden Cross signal has already been formed on the chart. Now the coin needs to consolidate above the $26.1 level for upward impulse.💡 Entry price: $26.37🦌 Stop- loss: $22.8 (-13.31%) - better without a stop🎯 Goals: $35.5 $44.1 $53.8 Profit risk: up to 7.5 to 1 Why is it better without a stop? Yes, because the coin is very cheap below the listing price. Of course, everything is possible on the market, but in fact, this coin can now be added to a portfolio of any investment horizon.🤟 Did you like the review or want to better understand cryptocurrencies and technical analysis?✔️ Then subscribe to the channel and like➡️ #cassius_trade Look for us on Pavel Durov’s social network . Be sure to subscribe!#dyor #Crypto2023 #KSM #NEAR