1.BTC
After so long, BTC is continuously breaking new highs this week.
The daily MACD crossover signals bullish momentum; I believe there is a high chance of reaching 120,000.
Additionally, the US stock market gapped up, which also has a high probability of filling.
However, I strongly recommend that if BTC also pulls back during the fill, it would be a good opportunity to increase positions and enter the market.
2.XRP
On 12/18, Ripple's RUSD will go live on upload, providing a 5% reward to the XRP community.
This is good news; based on the current market,
it has repeatedly faced resistance at 2.49, but the lows are getting higher.
There is a chance to break through the resistance in the 2.66 range.
Basically, any pullback would be a good entry opportunity.
3.ALGO
Compared to XRP/DOGE, it's a bit weak, but since 12/4, it has been accumulating after the drop.
The consolidation pattern has formed a 4-hour symmetrical triangle.
If it breaks out, there is a chance to reach 0.7.
4.DOGE
The 4-hour level has formed a symmetrical triangle.
The best entry position has already been reported in the entry call.
If you want to enter now, I suggest you can only chase after the triangle breaks out.
I'm still paying attention to the resistance at the 0.45 weekly level after the breakout.
5.ADA
Under pressure from the 4-hour descending trendline at the end.
It could actually be drawn as a symmetrical triangle if you really want to,
though it looks quite ugly.
I believe the leverage should not be too high.
You can enter for swing trading at 1 or above,
or buy spot.
Breaking 1.2 is only a matter of time.
6.SOL
Like ALGO, it's weak,
but it can be expected to have a big move like DOGE.
Because both DOGE and SOL have been consolidating here for about 30 days.
If it breaks below 213, I believe it will return to support near 200.
If it holds, let's see if it can return to 222.
PS
On 12/19 at 3 AM, FOMC interest rate forecast
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