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Kirill Gaitan l PROFIT_PILOT
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Kirill Gaitan l PROFIT_PILOT
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Hey guys. At the beginning of August, I recommended the #RUNE trading setup, which brought 25% profit. Then there was a pullback, together with the rest of the crypto market. Now the instrument is testing key support again and a long position with a short stop could be considered. In addition, there have been many recent developments on the project, including partnerships, security updates, etc. Which may attract additional buying interest. r/r 1:2 If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.๐ Stay tuned. #Write2Earn! $RUNE @THORChain
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#FET @Fetch.ai $FET Hey, guys. #FET printed 8% gain, partially fixed. Waiting for the full script to work out. There is a pullback in progress at the moment. If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.๐ Stay tuned.
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Hey guys. The price has hit local resistance at $2,330, where large trading volumes have been recorded. Open interest has started to decline, but slightly, indicating the presence of short positions in the market. It is important to take into account that September is traditionally a weak month for cryptocurrencies, and the weak dynamics of Etherium may continue until the end of the month. October, on the contrary, often shows better results, and closer to it we can expect a recovery of purchases. Watch the market's reaction to inflation data this week and the Federal Reserve meeting next week, which may make adjustments to the asset's usual dynamics. In general, I expect a breakdown of the $2400 level for a buying opportunity when bearish candlesticks are absorbed and open interest declines. Until that happens, the price may trade in the range of $2200-2400, indicating an efficient market. I will also consider positions near the lower boundary of the $2200-2150 range in case of a breakdown/false breakdown. If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.๐ Stay tuned. $ETH @Ethereum #ETH
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Hey guys. This is a weekly update on bitcoin. In last week's weekly review, we discussed the weak August and weekly closes and the bearish control of the market. We also considered long positions above the 60K and 61.5K levels, but no suitable entry points emerged. At the beginning of the week there was some buying, but starting from Tuesday, the growth was absorbed and the price went into a downtrend, which we additionally warned about. The main reason for the price decline was the negative impact of macro statistics on the labor market: Non-Farm Payrolls came out worse than market expectations, amounting to 142K with a forecast of 164K, while the previous data was revised downward to 89K. This caused a negative market reaction, leading to a correction in stock indices and almost all assets. On the liquidations chart, it is interesting to observe that liquidations below 50K are around $1 billion, whereas when the price rises into the 63K zone, it is around $8 billion. This suggests that the big players can easily drive the price upwards where more liquidity is located. TA From the point of view of technical analysis, an important level is 56K. If it is broken, we can expect a bullish takeover and consider a long position with a stop below the local minimum. Until this happens, the price may trade in the range of 52-56K, and an update of the low at 50K is not excluded. If this happens, I will keep a close eye on a false breakdown and also consider a long position. This week the market's attention will be focused on inflation data, which should show a decline to 2.6%, which may cheer up the markets a bit. It is also worth keeping in mind the Federal Reserve meeting on September 18. In general, the market remains in the volatility zone, which should be taken into account. If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.๐ Stay tuned. #Write2Earn! #BTC $BTC
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Hey, guys. it's likely that the negative consensus may continue next week. But on the background of oversold altcoin market we can see some bullish pullbacks. In practice it looks like one step forward, two steps back. We should not overestimate the risks and hope that the market has found its bottom, but for those who trade spot this is a buying zone, not a selling zone for their coins. If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.๐ #Total3 #USDT.D #BTC.D #DXY #Write2Earn! Stay tuned.
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