CryptoLite_247 1
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CryptoLite_247 1
Crypto Enthusiast! Technical analysis 📈📉
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$ZEC got a small bounce right at the .236 fib level. It has been trading within this rising, parallel range. Since price lost the midpoint of the trading range, the possibility exists that it corrects down to the lower rail at the .382 fib level. It's also possible it corrects to the lower rail of the macro ascending triangle near the .618 and .702 fib levels #Altcoin Season# #ZEC
$BTC we haven't seen a strong weekly close above that 66k region in 2 months. Hope this changes #BTC Price Analysis# #BTC
$DOGE : is this ever going to have a gigantic bid? hard to say. It's still the highest meme by mc and usually these types of coins just become super high liquidity / less volatility options. It's still highly liquid and you can get in / out with size. But there hasn't been much interest in it because it's 'too expensive'. Hard to really say. I think the tough part about this is that there are other options that are cheaper mc wise. ETH season? Buy PEPE. SOL? Buy Fartcoin. And so on. I think DOGE will eventually have another run but it could still take a bit. Wouldn't personally buy here but would rather buy it on the way up myself #Altcoin Season# #Meme Alpha#
$HYPE I still don't really think this is a great active trade but a more passive 1 where you just buy and accumulate it. I still think it'll need more time and I do actually think you'll get it cheaper in the future. That said, it's still 1 of the better downside protected coins #Altcoin Season# #Macro Insights# #HYPE
$LIT still 1 of the best performing altcoins in this market and should keep grinding to the highs with this price action. Dont see this going down yet #Altcoin Season# #Macro Insights#
$PENGU I think had a decent move the last 2 days but I've only got a spot bag that I'm riding right now. Will add a perp leg once this actually gets moving. It's gotten smashed overall and I still think should be a winner when risk on conditions improve #Altcoin Season# #Macro Insights#
$BTC a few more weeks / months of this shit and then its up only #BTC Price Analysis# #BTC
if you're looking for any decent project to allocate to for longer terms with solid fundamentals, $VVV and $HYPE are both pulling back decently from their highs. Could they go lower? Absolutely. But I think that both will do pretty well later on. They likely will not outperform total garbage when conditions get better but they have very decent downside protection IMO. And, if you're an investor that needs fundamentals, these two are some of the better ones in crypto period. #Altcoin Season# #Macro Insights#
$XRP just hit its lowest weekly close in nearly 2 years at 1.029. What happened here? #Altcoin Season# #XRP
$PUMP now we continue higher I routinely think I can outsmart the market by buying non trending coins and, lo and behold, they lag behind. Really need to just buy regular trending coins like pump where I mark #Altcoin Season# #PUMP
$ZEC is a very hard coin to trade; I think you just need to buy and hold it if you want a position. There doesn't seem to be any huge volatility and it just slowly grinds up and down. Still a great coin and a leader this cycle imo #Altcoin Season# #ZEC
$PEPE is not really a great active trade but will be 1 of the winners later on when risk on conditions come. It could still take several weeks/months for that to happen though. Check the recent post I made with regards to buying spot down here at these levels. I don't see a consistent trend yet so you can either wait until you see a breakout or just buy spot here and hold it #Altcoin Season# #PEPE
$USELESS trading down now and still just a good reflection of risk on conditions in specific ways. Onchain has largely been very good the last month with some sol/RH shitcoins doing well but the traditional / lindy memes like pepe/fartcoin/doge/useless haven't had much of a bid. These lindy memes will more go when bitcoin goes IMO and we'll see decent appreciation at that point. I think some sort of long consolidation period would be healthy to see for USELESS and there are a few ways to play this...but definitely not a great active trade right now imo #Altcoin Season# #USELESS
$ZEC remains as an overly grinding/choppy coin. It's hard to trade this one on lower time frames given the price action and I think it's better to just buy spot and hold it. I think you definitely get a bounce near the $450 area if btc is stable but ideally we get $400 #Altcoin Season# #ZEC
$PUMP I think that this is the only coin I really want to buy a dip on, hoping I can get a little lower for my bids to fill. It's the only momentum coin on the market right now imo #Altcoin Season# #PUMP
$BTC I think the bottom is nearly in from a time perspective. Price wise we could still dip down to the 50ks but time wise I still think it's close to the end...expecting decent moves by Q4 this year
#BTC Price Analysis# #BTC
#BTC Price Analysis# #BTC
$HYPE was that the bottom? Honestly hard to say. I still think we can get a chance in the low $50s/high $40s but maybe I'm dead wrong. Regardless, it's 1 of the few coins you can hold for months on end and sleep comfortably knowing the fundamentals are the best in crypto #Altcoin Season# #HYPE
$HYPE Nice moves the last 2 days, maybe a reclaim of the range low? I am out but watching closely and maybe the tradexyz stuff marked the bottom. i still know Loracle is short a bunch but it's still the best project in crypto. #HyperLiquid #Altcoin Season#
$LIT I think this is a good area to start scaling in, with orders down to 1.80. It's still an excellent project IMO #Altcoin Season# #LIT
$PUMP I think that if we can cleanly break this area then we see 0.0032 ish as long as bitcoin is stable. I'm still just watching since I don't want to buy this area but it's still looking strong on lower time frames #Altcoin Season# #PUMP
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