I talked about how the price range between $54k and $57k could be considered liquidation zones close to current prices, where we might see a healthy and beautiful decline in the price of Bitcoin to those levels, leading to nice discounts in alternative currencies as well. I mentioned the importance of the DCA (Dollar-Cost Averaging) strategy in the market, as it can help mitigate the potential impacts of price fluctuations and provide comfort in both scenarios.
$BTC $XLM $GRT

🔥BTC Weekly update

- The current results show us that Imbalance is really important in an up or down wave.

- Look at the price of BTC reacted by Imbalance Daily frame...

BTC has been growing for 6 months and Imbalance most recently gave a corrective reaction to 9000 price.

In my opinion, BTC is still trading in the 60000-68000 range, however, with the rejection at the 56000 range and the very strong pullback this time, it is likely that we will have a Spring in the Wyckoff pattern at this level. price 56000 if it is not broken in the near future and continues to make new highs.

So how will we react now?😐

- With the above plan, the price recovered more than expected at 65,000. This is a bad recovery for sellers because many people will place Stop loss in this area. In fact, the price has partially swept the stop loss at this price level and it seems to be starting to gradually decrease.

Thus, there is a high possibility that BTC will need to retest the area below at 60000-62000 before UP again⬆️
$BTC
#CryptoWatchMay2024

We may see a downturn in the markets soon due to several factors. Firstly, the Bitcoin dominance index has returned to test the support trend line in an upward trend, and the MACD indicator is showing signs of decreasing pressure, indicating a high possibility of the index rising, which could cause a decline in alternative currencies. Secondly, the USDT dominance index has returned to test the support trend line in a downward trend. If it succeeds in testing it and rises, it will also lead to a decline in alternative currencies. Thirdly, the RSI heatmap indicator has indicated that alternative currencies are in a significant selling zone, indicating a potential decline in alternative currencies.

When we synchronize and correlate these three analyses, we can conclude that alternative currencies will experience a temporary downturn. This downturn will be caused by individuals selling, whether they are short-term traders or long-term investors, either to take profits or to move some of their cash to the sidelines.
$RNDR
$ARB
$MANTA

➡️ETH Next Target : 4590$

Zone Long:

1) 3023$
2) 3000

Target :

1) 3823$
2) 4222$
3) 4500$

ST : 2600$
$ETH

#DCR/USDT analysis -

#DCR is in an uptrend, making higher highs (HHs) and higher lows (HLs) structure, while finding support over the support zone. The price is currently in a correction phase and expected to bounce off from there to continue its trend. Keep an eye out for the breakout of the trendline for a long entry. Enter when the price breaches the $23.34 level.

TF : 1D
Entry : $23.34
Target : $32.72
SL : $17.59
$DCR

#NMR/USDT analysis -

#NMR is in an uptrend, making new highs and trading above the 200 EMA. Currently, the price is trading over a support zone and forming a double bottom pattern. We can expect the price to bounce off from there and continue its upward trend. To go long, look for a breakout of the $28.05 level.

TF : 1D
Entry : $28.05
Target : $52.33
SL : $19.40
$NMR

📍 #FLOKI Update

📈 Today The Price Breakout From The Trend Line Which Is a New Bullish Move Confirmation As I Expected At The Previous Update, Next Targets Mentioned At The Chart
$FLOKI

💰 $DOGE looks interesting with the bounce off the key support zone (former resistance of accumulation range)🧐

🔼DOGE BUY : 0.162$

Target :

1) 0.201$
2) 0.220$
3) 0.258$
$DOGE

💰 $BTC

We got a V-Shape recovery and now back above the broken demand zone☝️

Setup is invalidated❌

Let's see if we able to have a confirmed higher high here👀
$BTC

👍REEF is going according to the scenario, at the moment there’s 10% spot profit🔥

⚙️Technically, we have received a clear rebound from support and a breakout of the upper trendline of the descending wedge, I expect the movement to continue.

I will add a short-term target for speculation - $0.00238, there we have the nearest resistance from which we can get a slight pullback. ✏️$REEF

💰 #Bitcoin

Looks we have a Trend Reversal for the mid-term📉

It's Bearish Engulfing above the Monthly Supply Zone, the pattern is already confirmed by candle close, for the further downside we need to break back below the Monthly Supply Zone.

We may see a several months of consolidating between the two key zones before we release the final rally wave 5📈

📍1 key zone: 43800-47350
📍2 key zone: 56900-61850

This would be an awesome opportunity for accumulating💼
$BTC

Very good at holding market shedding - #OP

📌Few people lately see trading setups on this asset, although it is actually very good as a major player is buying back every local strait and also showing competent and logical liquidity manipulation on both sides.

📝In the near term, I expect to see a test of the buyer's zone of interest left below with continued upside to $3.1095 and the $3.8896 mitigation level
$OP

🔥BTC Quick update

- Bad news:
+ BTC seems to move as shown

- Good news:
+ BTC.D is breaking the upward trendline => Altcoins will not fall sharply anymore

+ Altcoins will likely accumulate for 1-2 months before continuing to grow!

+ Bullish coming soon!✅
$BTC

#KeepBuilding

#BuildTogether

“Are you already buying or waiting for further decline? Have you started selecting your projects before the rise? Look at the prices; they’re very cheap and tempting.”
$FLOKI $OMNI $JUP

"The 50700 zones are considered strong support for Bitcoin, and significant liquidation areas. I believe the price will drop to those levels before rising."
$BTC
#BTC

A contender for a short-term pump is #solana

📌With all the declines, we can see how price has successfully worked liquidity on both sides.
And at this point we are testing a valid buyer's zone of interest.

📝I expect to see a withdrawal of $126.43 soon, after which I expect the upside to continue to the first target of $159.96 and $184.77 respectively.

When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 46.02% ofnet movement.
$SOL

My friend, which projects hold the largest portion of your funds in this market?
$TRX
$ATOM
$MATIC

You've told you that Bitcoin will drop to these levels because they are considered liquidation zones close to the current price. It was clear that greedy individuals needed to be liquidated from this irrational market. We have enough fuel for a rise, perhaps Bitcoin will drop further, why not? But the chance for a rise has become significant. Be patient and hold onto your investments, don't let fear take over, and remember, DCA (dollar-cost averaging) is powerful in this market.
$BTC
$BNB
$SOL

"In this downturn, you'll be unsure which digital currency to buy until you sell it in a bullish market. You must be careful in choosing your investment currencies, as you'll need to sell them and take your profits.. I'll provide you with a website and an app that give you important information about the digital currency you're investing in, including data from investors, currency inflation, project owners' statements, and other relevant factors. Visit the website or app, choose any currency, and make your decisions."$TIA
$RNDR
$INJ

💰 #BTC.D Monthly Timeframe

We have a fixation above the mid-channel on bitcoin dominance and I am looking for leg upwards to be released and rise up to the top of the channel📈

Only then we can talk above the real #altseason to start!

❗️Just keep your stables ready, there still be a time to buy dips.
$WIF
$QNT
$FET