Chart Analysis: The price of #DOT is approaching the imbalance zone. If it enters this zone and maintains its position, it presents an optimal entry point for a long position.
Entry: A long position may be initiated within the imbalance zone, specifically between the $0.9930 and $1.0530 levels.
Main Target: Aim to surpass the current high of $1.2800.
There was a significant increase in price from the 62K zone to 82K; however, the price is currently experiencing a pullback after reaching those highs. I utilized Fibonacci retracement levels to maintain a straightforward analysis. The initial level at 77.5K (0.236 Fib) is currently being tested, with the price trading slightly below this mark. It appears that the price may drop to test the 74.6K zone next, which I find particularly noteworthy. If this level holds for a period, we could potentially see a sharp rebound, leading to a new high above 82K. My approach is not solely dependent on Fibonacci levels; I will primarily monitor how the price behaves above the 74K threshold.
Market took a deep to the red, but all of you educated folks reading. These will understand that THIS IS NEEDED, the current flush-out will allow more space for growth to continue and help test higher levels… looks very healthy if you ask me! All bluechip coins closely follow $BTC ‘s lead, so this speaks for everything ( $ETH , $SOL etc.) Stay focused, team 🔥
P.S. we are loading up on certain Low #MemeCoin Alts during this dip, there’s some very easy money to be made short term and we definitely will not miss out on these opportunities.
$BTC has been hovering around $78K for the fourth day running
Greed is at 70 - yet the market isn’t moving
Because everyone’s waiting: inflation figures are due today or tomorrow, and on the 15th or 16th the Fed is expected to raise rates with a ~60% probability
The following tokens, with the highest value of assets to be unlocked, are scheduled for unlock this week:
• $RAIN — $586.44 million • #ADI — $56.81 million • $STABLE — $25.66 million • $HOLO — $12.01 million • #UP — $11.36 million • $APT — $6.43 million • $JTO — $5.02 million
Chart Analysis: The #APT price is currently trading above the significant level of $0.58. Should the price maintain this level during a correction, the uptrend is likely to persist.
Entry: A long position may be initiated close to the $0.58 level.
Main Target: Liquidity is available at the prior high of $0.7150.
Chart Analysis: The #APT price is currently trading above the significant level of $0.58. Should the price maintain this level during a correction, the uptrend is likely to persist.
Entry: A long position may be initiated close to the $0.58 level.
Main Target: Liquidity is available at the prior high of $0.7150.