#BTC #BTCâ $BTC đ¨đ¨đ¨ Bloody days are coming to the market, so be cautious with long positions. The majority is overly optimistic about going long.
In my opinion, BTC will at least return to the support zone around $73,000 or undergo a deeper correction to $60,000.
Bitcoin's weakness is evident to me in its inability to break the $103,500 level, and at the moment, itâs struggling even to surpass $97,000.
Therefore, friends, donât rush to open long positions. There will still be opportunities to buy at a better price.
Analysis of XRP: Current Situation and Expectations
The recent aggressive upward movement in XRP occurred without a clear liquidity sweep from lower levels. This suggests that the market remains overheated and could be setting up for a correction. Such dynamics are often indicative of large players locking in profits while waiting for more favorable conditions to re-enter.
Key Levels:
Main Level: $2.2. A close below this level on the 4H or 1D timeframes would signal, in my opinion, a potential move toward $1.4 or even $1.0.
Resistance: If XRP continues its upward movement, major resistance levels are located at $4.0 and $7.5.
Strategy and Approach:
I prefer waiting for the price to return to more comfortable levels before making decisions. Specifically, $1.4 appears to be a zone where it could be more advantageous to accumulate positions. There is no need to rush, as the market provides opportunities daily. Remember, trading is a serious endeavor requiring analysis and careful planning.
Conclusion:
I wish all traders who take their work seriously successful trades. For those who are just starting, donât hesitate to learn and ask questions. If youâre interested in coin analysis or sharing your insights, feel free to reach outâIâd be happy to discuss.
Thank you for your attention, friends! Wishing you success in trading and only the best results.
At the moment, we are seeing an excellent price reaction at the $7.78 level, which I previously highlighted as important. Buyers are showing activity in this area, confirming its significance.
However, the situation remains uncertain. If the daily candle closes below the $6.50 level, the likelihood of continued upward movement will significantly decrease. In this case, we could expect a deeper correction, potentially targeting the $4.50 level. Therefore, itâs essential to closely monitor how events unfold.
â ď¸ Avoid making hasty decisions. The current market situation looks challenging, and the correction may drag on. Additionally, thereâs a high probability that BTC will test the $70,000 level soon, which will impact the entire market.
In any case, I am not providing financial advice but merely sharing my opinion (as you may have noticed, my forecast for today has worked out quite quickly).
Thank you very much for your attention. I would be glad to see your activity in the comments. Subscribe â thereâs much more to come. Help me help you.
At the moment, Ethereum (ETH/USDT) is showing consolidation at the resistance level of $4060. After reaching this zone, the price reacted sharply, leading to a quick correction to the first support level at $3850. This level is critical, and a daily close below it may indicate a deeper correction, creating more favorable conditions for accumulating positions.
Key Levels:
Support:
1. $3850 â the current level being tested.
2. $3320, $2780 â stronger zones that may halt further correction.
Resistance:
1. $4060 â the main barrier for continued growth.
2. $4800, $6000, $7200 â targets that could be reached if the price consolidates above $4060 on higher timeframes.
Market Overview:
The market appears overheated at the moment, and a correction to lower levels would be a healthy development. It could provide a stronger foundation for further growth and more confident entry points for long positions.
Disclaimer:
The above analysis reflects my personal opinion and is not financial advice. I encourage you to rely on your own analysis and stick to your trading strategies. My perspective is offered for your convenience and to compare with your view of the market.
Thank you for your attention! Feel free to ask questions, share your thoughts, and support this content by liking and sharing it. This will help more people access this information. Wishing you all the best and successful trades, friends!
At the moment, the ZEC coin is showing weakness, as the weekly candle failed to close above the key resistance at $75. This indicates that it is too early to talk about recovery and the beginning of an uptrend. The current dynamics confirm a rapid decline, which increases the likelihood of a continuation of the correction.
Key levels:
Support:
1. $65 is the current support level, where the price reaction is observed.
2. $57.50, $48, $42 are stronger support levels that can be tested with a further decline.
Resistance:
1. $75 is the main resistance level, a breakout of which is necessary for a change in the trend.
2. $88, $98 are the next targets if the price consolidates above $75.
Recommendations:
At the moment, going short immediately may be a risky decision. However, if the price returns to the $72 level, this may be a good point to open a short position.
The coin looks confident from a fundamental point of view, but in my opinion, it needs a correction to more serious support levels. Only after that can we consider a set of volumes for long-term holding.
Important note:
All of the above is my subjective opinion and is not financial advice. Make any decisions based on your own analysis and strategy.
Thank you for your attention! I hope my analysis was useful for you. I will be glad to receive your feedback - do not hesitate to ask questions. I wish you successful trades, friends!
Friends, I ask you to be only grateful and responsive, I do all this for you, it takes quite a lot of time, but I admit honestly, I like sharing my opinion with youđ. Therefore, I ask you only to make more reactions, and in due time I will analyze more coins and situations for you. My friends hug you all, good deals to allâ¤ď¸. And I'm going to restđ´
Conclusion: The current situation may become positive if the day closes above the level $10.200. A successful break above this level could establish further bullish momentum. However, it is important to monitor volatility and trading volumes.
Note: All forecasts and analysis are speculative and are not financial advice. Always conduct your own research and risk assessment before making any investment decisions.
Thank you for your attention, I will be glad to see your comments and likes. Be vigilant my friends.
Forecast for FIL/USDT: Current Situation and Key Levels
At the moment, Filecoin (FIL) price is in a zone of uncertainty. The weekly candle closed below the $7.880 resistance level, raising concerns about buyersâ weakness. This level is confirmed as a significant historical resistance that the market has yet to overcome.
Key Observations:
1. Resistance Level: $7.880 â the zone buyers need to break to resume the uptrend.
2. Support Levels:
Local Support: $6.500 â an area where a rebound has previously occurred.
Major Support: $5.700 â a critical zone, and its breach may strengthen bearish sentiment.
3. Volumes: Current declining volumes are below average, indicating indecision among market participants. A volume increase during a downward move would confirm sellers' pressure.
Technical Outlook:
On the daily timeframe, a narrowing range is visible, which could lead to an impulsive move.
The weekly candle closed with a long upper shadow, indicating sellers' dominance near the $7.880 resistance level.
Potential Scenario: If the $7.880 level remains unbroken, there is a high probability of a decline toward $6.500, where buyers might attempt to regain control. However, a breakout above $7.880 with confirmation could signal further growth, targeting $8.500 and $9.200.
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â Important Note: This material is provided for informational purposes only and does not constitute financial advice. Any decisions to buy or sell assets are made at your own risk based on your own analysis and strategy.
I want to take a moment to thank each and every one of you for your support.
Your comments, likes, and engagement mean a lot to me. Please feel free to leave your thoughts, feedback, or insights in the comments below.
Wishing you all successful trades and good fortune, my friends!
Recently, Bitcoin's price has shown some hesitation in continuing its upward movement. The closing of the current weekly candle did not meet expectations, as it failed to close above the critical level of $103,450. This prompted me to share my thoughts on the potential future price movement.
Based on my analysis, a correction to the following levels is now more likely: 1. $69,900 2. $59,500
Another signal for me is the current trading within a narrow range, as well as the Fear and Greed Index, which stands at 70 given the current volumes. This causes some concern.
I encourage everyone to be more vigilant in the current market situation. Of course, I could be wrong, and this is just my opinion, not financial advice. I am not urging any actions.
If my insights prove helpful, I would appreciate your support and comments. Wishing everyone profitable trades, friends!