REVIEW OF THE ALTCOIN MARKET from the CryptoPrime team 06/07/2023:

#REN After a strong rollback, the coin resumed its upward movement and returned to the 100% Fibonacci area, which indicates a possible continuation of growth on the hourly chart. I expect consolidation above the level of $0.08475, which is the previous high, which the coin has now updated. After consolidation in the range of $0.08475-0.08857, I am considering a breakout movement to $0.09180, which I failed to reach during the last attempt due to the news background and a sharp drop in the cue ball.

#CFX After the fall at the exit of volumes, the coin was also met on large volumes and impulsively raised the price, forming an Absorption pattern for 1H, after which a flat of $0.2238-0.2325 formed with false pins of the lower boundaries and sharply returned to the range on buyer volumes. After the price goes up from the range (06.06.23), we see how the price goes for a retest, forming a downward sloping line. I am considering a long position either from a test of the $0.2325 level or from a breakdown of the sloping trend line at 15M.

#BCH During the fall, all the shortists were taken out and the price is actively returning to its current high, above which a cascade of levels has accumulated from the shortists’ stop orders for 1H ($116.95, $117.26, $118.91). I am considering a breakdown of these levels with the collection of liquidity behind them.