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Ben Walther
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Altcoins are so ready to pump. It just needs a tiny spark.
#ETHETFS
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Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado.
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Ben Walther
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We're Crashing 📉 Just kidding. But that's what I saw in many social media posts during the last few hours. Therefore, it's once again time to remind people that a pump won't last forever. However, please make sure to put everything into relation. 1—Bitcoin: So far, BTC is down only 1.3%. Yes, I was hoping that the 63.5k level would hold. And yes, I would have preferred a continuation to the upside. However, we are talking about -1.3%!! 2—Certainly, altcoins are suffering worse. But again, you have to put it into context. Take $LINK as an example. Since last Tuesday, LINK has pumped more than 22%. Based on the highest close, it is now down 3.4%. Again, I would have loved to see LINK tackling the $13. But, well, this is not a question of if but when. Therefore, stay relaxed, let the market correct, and go higher afterward.
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Super excited to join the stage on Friday and have the opportunity to ask @Richard Teng a few questions. Would love to hear your thoughts. What would you ask him? #BinanceSquareFamily
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Ethereum — Still Lacking Power! Although Ethereum showed some strength during the latest market pump, the token didn't clear essential levels. On the contrary, ETH was rejected at the significant 2.8k resistance and the 4H EMA200. Currently, ETH is struggling to stay above its sideways channel trendline. A close below this trendline on the daily chart would put us back where we came from. Moreover, the 2.5k level would return to the play in this case. Volume continues to be relatively low — especially in the context of a significant breakout. Therefore, the story remains the same: As long as ETH trades below 2.8k, long trade entries don't make sense. $ETH
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Who's Hot — And Who's Not! Here are the Top 5 Gainers of the last 24 hours. 1 - Nuls (NULS): +63% 2 - Kava Lend (HARD): +43% 3 - Voxies (VOXEL): +25% 4 - Rei Network (REI): +22% 5 - BurgerSwap (BURGER): +17% $NULS $HARD $VOXEL #TrendingBinance
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WIF Looking Good — Can We Get 2.25? WIF was one of the biggest gainers last week, adding almost 40%. Based on the chart, it is likely we'll see a continuation of the uptrend. Here's why: • WIF faced resistance at the psychological $2 mark. Actually, it's not surprising after the intense climb. • Afterward, WIF entered a descending channel you could interpret as a bull flag. • Typically, a descending channel after a pump is considered a continuation pattern. Accordingly, we should see a breakout to the top at some point. If this breakout happens, the price should quickly rise toward the level of 2.25 (calculated based on the previous pole flag). Therefore, you should pay close attention to the upper trendline. $WIF #Dogwithhat
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