Today we have passed the middle of the month, I want to consider the prospects for the end of the year. The second half of the month opened positively for Ether above 3750 and 3850, which gives signals to exit above 4000 with the goal of testing the range of 4250-4500. For altcoins, this is a positive signal, in connection with which we saw new growth impulses for coins for the upcoming continuation of the trend. Bitcoin opened the second half of the month above 100k, which reduces the likelihood of a retest of 75-85k in the near future. However, opening below 102.5 gives a signal for a flat around 100k with attempts to go lower. With such a picture, a move to test 110-115k is likely with a further return to 100k by the end of the year, which will also lead to a rollback in Ether, even taking into account the positive signals.
In the overall picture, the probability of growth prevails this week as part of the continuation of the trend of the current month and quarter. But from next week until the end of the year, it is worth keeping in mind the probability of a new wave of rollback on the market according to the annual chart, which may continue in January. In such a picture, it is worth being cautious about overbought coins with large capitalization. As I wrote earlier, the rollback for such coins, which began at the first market breakdown at the beginning of the month, may continue until the end of the year with a transition to active sales in the new year. More interesting are oversold coins, which continue to turn the annual candle into a bullish one.
New waves of growth for a local re-high can be expected in particular for VIB. Signals for a further re-high have been left and in case of a breakout from the third wave of 0.125, the road to the range of 0.15-25 will open. Growth is currently going against the established bearish trend on the monthly chart, giving rebounds from key levels and new opportunities for safe earnings without excessive overbought conditions.
A local re-high can also be shown by OG TROY AST. According to OG there are clear signals for a re-test of $7.5-9 at least. The token has quite a lot of liquidity, which ensures sharp breakouts.
TROY along with OG has signals for a further re-high. In case of a breakout of 0.0075, there is a possibility of a powerful growth wave to test 0.0125-150. At the moment, we are working on the sales impulse at 0.0035, which occurred before the last growth wave. From 0.035-40 from the third wave, there is already a possibility of breaking above 0.0075. However, with a negative market, there is a possibility of a breakout to 0.0250-275 before the start of growth to a re-high.
AST has targets at 0.21-25, which it may break through if it consolidates above 0.15. However, incomplete emission puts additional pressure, which leads to trend breakdowns and increases the likelihood of a breakdown as we approach the end of the year.
There has been no new delisting announcement this month, which threatens the dynamics of coins with the monitoring tag. If there is no announcement in the next couple of days, in the second half of the week I will be looking at new purchases of AKRO and VITE. Also, HARD can give a new impetus to them. However, the threat of delisting next week will probably make the growth waves rather short-lived.
