1.BTC
After such a long wait, this week BTC continuously breaks new highs.
The daily MACD crossover signals bullish momentum, and I believe there's a high probability it will reach 120,000.
Additionally, the U.S. stock market opened high and is likely to fill the gap.
However, I strongly suggest that if BTC pulls back during the filling, 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 positive news; looking at the current market, it has faced resistance multiple times at 2.49, but the lows are getting higher.
There is a chance to break the resistance in the 2.66 range.
Basically, any pullbacks provide an entry point.
3.ALGO
Relative to XRP/DOGE, it is somewhat weaker, but since 12/4, it has been accumulating after falling.
It has formed a 4-hour converging triangle.
If it breaks out, there is a chance it could reach 0.7.
4.DOGE
Formed a converging triangle on the 4-hour level.
The best entry point has already been reported in the entry call.
If entering now, I suggest only chasing after a triangle breakout.
I am also paying attention to the weekly resistance at 0.45 upon breakout.
5.ADA
Under pressure from a 4-hour descending trendline to the end.
It could technically be drawn as a converging triangle, but it looks quite ugly.
I think leverage should not be too high.
Entering above 1 is feasible for a swing trade or buying in spot.
Breaking through 1.2 is only a matter of time.
6.SOL
Weak like ALGO.
However, it can be expected to have a big wave like DOGE.
This is 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 around 200.
If it holds, I will first watch if it can return to 222.
PS
On 12/19 at 3 AM, FOMC interest rate forecast #加密用户突破1800万 #比特币冲向11万? #algo #ada未來 #BTC再创新高