Potentially see some good opportunities on the dino and old DeFi coins for the next week.
If it goes as I plan I will try some longs.
A solid reclaim of the W Kijun and 50MA. $AAVE
If there's a retest of $93-$92 next week, there will be a good opportunity to open a position.
The same interesting situation on $XRP , but here the situation is more complicated because even though it reclaimed the range support (green), there's still a lot of resistance ahead (50+200MA, Kijun).
Depending on whether we break and secure the $0.59 we consider the following two scenarios.
The question that bothers me about the strength of this class of assets is what it means.
It either tells us about the market reversal or that they are taking the time to fix their vulnerable positions ahead of another flush.