#ReboundRally
🪙💡Market assessment and forecast for the coming days.
Bitcoin:
Price: BTC reached an all-time high of $103,679 (December 2024).
Current focus: A dip below $92,000 for a long entry.
Forecast: A slight correction before a potential new long-term high.
XRP:
Volatile phase, short-term declines. Long-term potential remains intact.
SOL:
Growth-oriented, especially in the DeFi sector.
ADA:
Technical strength is expected to be strong as the price heads towards the target at $1.60.
---
Recommendations based on Elliott Wave Analysis:
BTC:
Potential impulsive move after a corrective phase.
Fibonacci support at $92,000-95,000.
XRP:
Fibonacci areas show support at $2.20 and resistance at $2.97.
SOL and ADA:
Fibonacci structures and waves indicate additional growth potential.
Current Strategies:
Long-term focus: Only long positions; no small risky trades.
Stop-loss discipline: Set stop-loss orders consistently to limit losses.
#BTC#
Take Profit Plans: Specific profit targets for BTC, XRP, and ADA.
This is not financial advice.