Opened a short #STORJ
The coin showed strong impulse growth and thereby broke through the inclined resistance, however, after which market participants began to fix their positions.
As a result, the asset went into a correction and returned to the level of $0.4452, which is the upper limit of the sideways trend in which the token was trading for quite a long time.
I assume that the coin will again return to the sideways range of $0.3207 - $0.4452 and will continue to trade for some time within this range.
Targets: $0.4121 - $0.3771 - $0.3207
Stop: $0.4896
Opened a short #NEAR
Despite the growth of BTC on altcoins, this does not have a strong impact; as a result, Near continues to trade under the slope of resistance and is systematically declining.
The asset has consolidated under the moving averages, at the moment it is pressing towards the moving average MA50, but the chances of its breakdown are extremely low, most likely the coin will simply bounce.
For the near future, the most likely scenario is a further decline to the support level at $3.5357, as there are practically no prerequisites for growth.
Goals: $4.1421 - $3.8367 - $3.5357
Stop: $4.9095
Opened a short #MANA
The coin grew for a long time within the ascending channel, but sellers decided to change the trend and we are seeing a corrective movement.
Trading volumes have gradually declined, and active buying from buyers is not observed, which is typical when short sellers dominate.
At the moment, the asset has little chance of returning to the channel, since the buyer is not interested in buying back from the current values and will wait for a lower price.
Targets: $0.2665 - $0.2478 - $0.2214
Stop: $0.3114
Opened a short #APT
The asset still could not stay above the $10.5105 mark and began to gradually go into a correction, the potential of which is quite good.
Sellers took dominance in the coin into their own hands, which led to a breakdown of the moving averages, as well as inclined support.
Now the token is trying to gain a foothold under MA200 and inclined support, which with a high degree of probability will be possible to do, and then a continuation of the decline will follow.
Goals: $8.5105 - $7.8611 - $7.0964
Stop: $9.9997
Opened a long position #UNI
One of the few assets that weakly correlates with BTC and continues its upward movement. At the moment, the token is actively pushing towards the resistance level of $8.226.
The coin manages to stay above the moving averages, although there are attempts on the part of sellers to push the price, but the buyer actively buys out the drawdown every time.
In the near future, if long participants do not loosen their grip, the token will be able to overcome the resistance of $8.226 and continue its further growth.
Goals: $8,667 - $9,229 - $9,680
Stop: $7.375
Opened a short #IMX
The coin rebounded from the level of $1.8378 and began to gradually go into correction, trading under the slope of resistance.
So far, there is still activity from buyers, but it is extremely low; short participants have already brought the price below the moving averages.
There is also a decline in BTC, which is dragging the entire market down, which will also contribute to the decline of this asset, since they are highly correlated.
Targets: $1.4033 - $1.2993 - $1.2198
Stop: $1.6301
Opened a short #GALA
The coin was unable to break through the resistance level of $0.02508 and began to show a decline, after which buyers became active and the token again pressed towards this level.
Now there is a very high probability that the asset has again rebounded from the resistance of $0.02508, since it is in a severely overbought zone.
Trading volumes began to gradually decline, indicating the fading interest of buyers.
Targets: $0.02219 - $0.02055 - $0.01895
Stop: $0.02599
Opened a long position #LTC
The asset shows confident growth along the sloping support; the buyer does not loosen his grip and continues to gain positions, thereby moving the price long.
The coin has already successfully consolidated above the moving averages and continues its upward movement towards the resistance level at $80.
Probably the resistance level of $80 will be difficult for market participants, but there is a good chance of breaking it, since the buyer is not ready to stop yet.
Targets: $79.61 - $85.37 - $90.27
Stop: $68.29
Opened a short #LINK
After breaking through the inclined resistance, the coin was also able to break through the resistance level at $12.7169, however, it failed to gain a foothold above it.
At the moment, the token has again begun to actively decline and is trying to gain a foothold under the moving averages, and the buyer looks extremely passive.
Trading volumes have declined and now we are most likely to move towards the support of $9.5301, as well as a possible move below it.
Targets: $10.2163 - $9.3306 - $8.3610
Stop: $12.0339
We need to breathe a little in such a market. Lately there has been too much speculation and manipulation, for example XRP, where the news story was pulled out of thin air (The SEC filed a lawsuit against Ripple again because it does not agree with the fine of $125 million, however, their position has no legal basis, since They are only appealing their disagreement with the court’s decision, but the speculators don’t care, the asset has been reduced by 20%).
BTC behaves extremely unpredictably, and given its current dominance, we get a negative combo. For now I'm looking towards the alto shorts.
Closed the position on IMX.
Opened a short #FLOKI
The inclined support could not hold back the onslaught from the sellers; as a result, the asset consolidated below it, as well as the moving averages.
The current dominance of BTC does not allow altcoins to show successful growth; in the near future, most of them will continue to gradually decline.
Trading volumes have also dropped significantly, so a reversal formation is unlikely to be expected soon.
Goals: $0.00011769 - $0.00010810 - $0.00010004
Stop: 0.00013795$
Opened a short #FIL
The coin has gone below the inclined support and is actively trying to gain a foothold under it, which clearly indicates the weakness of buyers.
In the current market, the potential for alta to decline is quite large, so the price will move below the level of $3.266 is quite likely.
And the pressure from sellers is quite strong and it is unlikely that the buyer will be able to buy off this drawdown.
Goals: $3,248 - $3,012 - $2,807
Stop: $3.794
VET - took the take and followed the stop
RUNE - took the take and followed the stop
JTO - took take and followed the stop order
KAS - all takes taken (+400%)
GALA - trading at +300% exiting the position
IMX - trading at +240% Exiting position
CELO - trading at +260% Exiting position
Friends, good evening. I am not opening new positions yet. I want to look at the opening of the Asian session at night and tomorrow's market movement. BTC is still steadily growing and is trying to get out of the downward channel, let's see if it succeeds.
Читать полностью…Opened a short #GRT
The coin showed good growth dynamics along the inclined support, but sellers were still able to reverse the trend.
The buyer showed weakness and was unable to keep the price above the moving averages; as a result, the price settled below them.
We are seeing a decrease in activity from buyers, and the asset continues to decline little by little; a reversal is unlikely to happen in the near future; rather, sellers will continue to exert pressure.
Targets: $0.15050 - $0.13951 - $0.12944
Stop: $0.17485
Opened a short #CELO
The trend in the asset has turned downward and we are seeing a breakdown of inclined support; sellers have taken control of the market.
Also, the coin is strongly correlated with BTC, which has begun to decline and is pulling this token along with it, which will play into our hands.
Trading volumes in the instrument are at low values, which is typical when there is low activity on the part of buyers.
Goals: $0.675 - $0.617 - $0.552
Stop: $0.794
Opened a long position #IOTA
The coin repeatedly tried to break through the support level at $0.1170, but each time buyers managed to hold back the price.
At the moment, the token is actively testing the MA50 moving average, maintaining above which is now extremely necessary.
The buyer is clearly not interested in a further price drawdown and will gradually increase his activity, after which we will be able to observe the price moving above the moving averages and another push towards the resistance of $0.1487.
Targets: $0.1316 - $0.1402 - $0.1487
Stop: $0.1130
Opened a short #KAS
The coin was subject to strong pressure from the shorts of the participants and as a result the descending triangle was successfully broken into the shorts.
The trend in the asset continues to be downward, and the price has strengthened below the moving MA200 and remains below the MA50.
So far there is no support from the buyer, so further price movement will most likely be downward, I assume the token will fix below the support level of $0.12710.
Targets: $0.11975 - $0.11091 - $0.10325
Stop: $0.13969
Opened a short #ARK
The coin showed strong impulse growth and at $0.5448 began to go into a correction with a gradual decrease in local highs.
The token moves along local, inclined resistance and periodically tests the moving average MA200.
Trading volumes are also gradually decreasing; it is most likely that the corrective movement will continue until the price reaches an area of interest to buyers.
Targets: $0.4241 - $0.3912 - $0.3558
Stop: $0.4930
Opened a long position #ENS
The asset has repeatedly tried to overcome the support level at $16.0975, but it is unable to do this, since the sellers do not have enough strength.
The coin is in a slightly oversold area and this area will be interesting for buyers to recruit positions.
I assume that the token will show another rebound with further growth towards the resistance slope, as well as a possible exit above it.
Targets: $17.3614 - $18.5371 - $20.0539
Stop: $14.8521
Opened a short #ROSE
The asset has been in a downtrend for quite some time and has been declining along the resistance slope.
Recently there was a rebound from the support level of $0.04899, which again led to a slope and once again it was not possible to go above it; there is not enough activity on the part of buyers for this.
Now the coin is actively testing the moving MA200, which with a high degree of probability will not be able to withstand the onslaught of sellers. In the near future, I expect the price to move towards local support at $0.05454.
Targets: $0.06422 - $0.05955 - $0.05454.
Stop: $0.07478
Opened a short #FTM
The coin showed good growth and reached the resistance level at $0.71598, which became a reversal point, because it was not possible to overcome it.
Market participants began to gradually fix their positions and thereby put pressure on the price, which led to a breakdown of the inclined support.
Now the token has gone below MA50 and is actively testing MA200, which it will most likely also overcome. I assume that the asset will continue to gradually correct.
Targets: $0.58590 - $0.54318 - $0.46810
Stop: $0.67182