To date, we have reached another bifurcation point in the market and it's time for another review. So far, there is a share of positivity in the market situation. As I wrote earlier, there is strong medium-term support for BTC in the 85-90k zone, from which a rollback is likely. Unfortunately, last month we broke through the 85k level, which is a signal for a possible test of 75k in the spring. However, the probability of a rollback from 85k to 90-100 still prevails. The broadcast opened the month ambiguously. According to Asian time, the opening is in the negative zone below 3000, higher in the neutral zone at GMT. I think the market will move this month based on the bullish BTC signal, and the coins will continue to move in different directions.
The seasonal growth period in the first half of December is also a positive signal. Once again, I would like to draw attention to the background trigger used by the United States to manipulate the market - brent oil. At the last bifurcation point, prices still collapsed, despite the positive data on US stocks, to which ETH immediately reacted with a consolidation below 3k, as I warned in the review. The current monthly candle opened above the interim support of $ 62.5, against which there is a signal for growth in the first half of the month at least.
As a result, we have signals for new growth waves for individual altcoins that have reached supports and have high growth goals, as part of seasonal growth, attempts to rollback BTC with oil and rollback according to the annual schedule. However, most of the alcoins, especially those with high capitalization or upcoming aggressive issuance, will not have time to show significant growth in this short period and will continue the medium-term bearish trend. Be careful with new purchases in the next couple of weeks. Today - tomorrow is the time when coins draw a shadow down the new monthly candle, but starting tomorrow evening or Wednesday, the probability of a reversal for individual coins will increase. If positive oil data is released in the middle of the week, then the growth of the crypt is likely to accelerate steadily by the end of the week, with a continuation in the next weekly candle. Next, the opening zone of the second half of the month will be of great importance.
For altcoins, in the event of a reversal attempt, the minimum target will be to overshoot the last monthly candle. For work today, I am considering the TURTLE NTRN ENSO VIC MITO BMT HOOK first of all. These tools were recently listed on binance, which reduces the threat of delisting hanging over projects from 20-22. The issue of these instruments is also smooth, which reduces the likelihood of further large drawdowns. Given today's circulating supply, these instruments are already in an oversold position and the likelihood of a reversal to growth at the slightest provocation from the market prevails. They also previously provided strong technical signals for growth up to 300%+, which will be worked out in the medium term.
Secondly, I am considering CHESS UTK COS DATA QUICK FIO for scalping, which can give new growth waves of up to 40-50% at least, but I recommend using a smaller position size for them. CHESS has been assigned the monitoring tag, but there are strong technical signals for a 0.1 retest, which is why a large exit pump is likely. After that, I will no longer consider using the token.
The seasonal growth period in the first half of December is also a positive signal. Once again, I would like to draw attention to the background trigger used by the United States to manipulate the market - brent oil. At the last bifurcation point, prices still collapsed, despite the positive data on US stocks, to which ETH immediately reacted with a consolidation below 3k, as I warned in the review. The current monthly candle opened above the interim support of $ 62.5, against which there is a signal for growth in the first half of the month at least.
As a result, we have signals for new growth waves for individual altcoins that have reached supports and have high growth goals, as part of seasonal growth, attempts to rollback BTC with oil and rollback according to the annual schedule. However, most of the alcoins, especially those with high capitalization or upcoming aggressive issuance, will not have time to show significant growth in this short period and will continue the medium-term bearish trend. Be careful with new purchases in the next couple of weeks. Today - tomorrow is the time when coins draw a shadow down the new monthly candle, but starting tomorrow evening or Wednesday, the probability of a reversal for individual coins will increase. If positive oil data is released in the middle of the week, then the growth of the crypt is likely to accelerate steadily by the end of the week, with a continuation in the next weekly candle. Next, the opening zone of the second half of the month will be of great importance.
For altcoins, in the event of a reversal attempt, the minimum target will be to overshoot the last monthly candle. For work today, I am considering the TURTLE NTRN ENSO VIC MITO BMT HOOK first of all. These tools were recently listed on binance, which reduces the threat of delisting hanging over projects from 20-22. The issue of these instruments is also smooth, which reduces the likelihood of further large drawdowns. Given today's circulating supply, these instruments are already in an oversold position and the likelihood of a reversal to growth at the slightest provocation from the market prevails. They also previously provided strong technical signals for growth up to 300%+, which will be worked out in the medium term.
Secondly, I am considering CHESS UTK COS DATA QUICK FIO for scalping, which can give new growth waves of up to 40-50% at least, but I recommend using a smaller position size for them. CHESS has been assigned the monitoring tag, but there are strong technical signals for a 0.1 retest, which is why a large exit pump is likely. After that, I will no longer consider using the token.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.