Opened a short #sol
Over the past couple of days, the asset has shown impressive results and updated its historical maximum; now it is more logical that traders will move on to fixing their profits.
BTC also suggests a correction, since the market is now very overheated and if it declines, this will contribute to the transition to a downward trend in Solana.
The transaction has certain risks, since the market does not always lend itself to logic and can easily go further into the long position, so trade at a small% of your volume.
Goals: $242,322 - $223,371 - $206,830
Stop: $281.645
Opened a long position #MASK
The coin is showing good dynamics and is pressing towards the resistance level of $3.2516, which is extremely important to overcome for further growth.
Buy trading volumes are gradually increasing, and sellers are not yet exerting pressure, which opens up the opportunity to realize good potential.
I assume that long participants will continue to gradually increase their momentum and in the near future will be able to break the level of $3.2516.
Goals: $3.2810 - $3.4744 - $3.7829
Stop: $2.7986
Opened a long position #JASMY
The asset is showing upward dynamics and was able to gain a foothold above the slope resistance, as well as the moving MA200.
Now the coin is held back from further growth only by the moving MA50, the buyer has been trying to gain a foothold above which for several days, but so far there is not enough strength.
I assume that long participants will still be able to hold the asset above MA50 and in the future we will see a movement towards the resistance level at $0.026768.
Targets: $0.023433 - $0.024786 - $0.026768
Stop: $0.019705
Opened a short #ORDI
The coin managed to break through the resistance slope and test the resistance level of $45.757, which was beyond the strength of buyers.
Currently, market participants are systematically fixing their positions, which will lead to an asset correction.
The token is likely to show a decline towards support at $30.066, as the buyer is less and less active.
Goals: $36,210 - $33,523 - $30,066
Stop: $42.173
Opened a long position #ARPA
The coin grew quite confidently along the inclined support and was able to break the important resistance of $0.04851.
As a result, we are now seeing a small pro-trade, which led to a consolidation above $0.04851, which was extremely necessary.
Sellers are exerting virtually no pressure, so in the future the asset may show good growth and will probably test the level of $0.06453.
Targets: $0.05650 - $0.05988 - $0.06453
Stop: $0.04804
Opened a long position #INJ
The coin was in the sideways range of $15.591 - $23.936 for a long time and finally was able to exit it into a long position and gain a foothold above its upper border.
The buyer confidently overcame the inclined resistance and the upper limit of the sideways trend, which indicates his clear superiority in dominance over the sellers.
In the near future there will probably be a small trade with subsequent continued growth towards the resistance level of $32.421.
Goals: $28,073 - $30,066 - $32,421
Stop: $23.744
Opened a short #STRK
The asset has returned to the ascending channel again, but the picture looks as if the strength of buyers is running out.
The token was unable to reach the upper boundary of the channel and began to gradually decline, most likely the decline will be stronger.
Trading volumes in the instrument are at a low level and there is a high probability that sellers will take the initiative into their own hands, which will lead to a decline to the lower border of the channel.
Targets: $0.4218 - $0.3926 - $0.3590
Stop: $0.4911
Opened a long position #AVAX
Altcoins have begun to gradually come to life, the asset is showing strong growth after breaking through the inclined resistance.
The coin also managed to go above the moving averages MA50 and MA200 and consolidate above them, which is a positive thing.
If the trend of decreasing dominance continues, the token may show good growth in the future.
Goals: $34,354 - $36,194 - $38,646
Stop: $29.236
Opened a long position #LINK
The coin shows excellent growth dynamics and was finally able to get out of the flat pattern of $9.5301 - $12.4361 in which it had been for a long time.
There was also a breakdown of the inclined resistance followed by consolidation above it, which was extremely necessary for further growth.
I assume that market participants will be able to support this dynamics and in the future the asset will show pressure to the level of $16.3453.
Targets: $14.5715 - $15.5883 - $16.3453
Stop: $12.2441
Opened a short #DOT
The asset continues to trade below the resistance slope, although we have returned above the level of $3.982, but the chances of consolidating above them are unlikely.
The coin was unable to break through the MA200 moving average and bounced off it, which indicates clear weakness on the part of buyers.
Considering the high dominance of Bitcoin, there is still very little chance for the alt to grow, so further movement is most likely to be short.
Goals: $3,795 - $3,507 - $3,239
Stop: $4.427
Opened a short #RUNE
The asset broke through strong sloping support after rebounding from the upper border of the ascending triangle.
Not only is the buyer weak, but he will also most likely wait for a lower price for a set of positions, so the potential for a correction is about 20%.
Perhaps the support level of $4.501 will briefly hold back the pressure of sellers, but presumably will not be able to keep the price from falling further.
Goals: $4,598 - $4,257 - $3,803
Stop: $5.472
Opened a long position #ALGO
The coin showed excellent dynamics and was able to break through the important resistance level of $0.2; now it is vital to gain a foothold above it for further growth.
While BTC continues to update its ATH, alts are gradually catching up with it, accordingly, ALGO has quite a good chance of continuing the upward trend.
Judging by the volumes, the buyer does not intend to stop at the achieved result, but is ready to continue moving the asset to the next resistance.
Targets: $0.2215 - $0.2342 - $0.2593
Stop: $0.1887
Opened a long position #TON
The asset is showing good dynamics; buyers were able to overcome the resistance slope and gain a foothold above it.
After this, an ascending channel was formed, within which the coin shows systematic growth.
Buy volumes are gradually growing, and long participants are showing enough activity to overcome the level of $5.852.
Goals: $5,997 - $6,392 - $6,751
Stop: $5.131
Opened a short #BIGTIME
The asset showed excellent growth dynamics along the inclined support, but activity from buyers began to decline, and sellers began to apply pressure.
As a result, the coin went below the moving MA50 and MA200 and then consolidated below them, which negatively affected the price of the token.
Trading volumes have dropped significantly, so most likely this correction will be much deeper, and the coin will likely test the level of $0.1142.
Targets: $0.1420 - $0.1311 - $0.1142
Stop: $0.1659
Opened a short #DOT
DOT, like most alts, showed a good result against the background of the growth of the cue ball, but the resistance of $5.7153 could not be broken, and the high dominance of BTC is doing its job.
At the moment, the token is actively testing the moving MA50, which will probably not be able to hold back the onslaught of sellers and we will observe a deeper correction.
Activity from buyers is weakening, and all liquidity is concentrated in the cue ball, which prevents alts from showing strong results.
Goals: $4.5995 - $4.2487 - $3.7388
Stop: $5.3720
Opened a short #ADA
The asset showed quite strong growth, but failed to overcome the resistance of $0.614032, after which the coin went into a correction.
At the moment, the token is strongly overbought and the corrective movement is likely to reach the level of $0.409143
There is also a high probability that BTC will go into a correction and pull the entire market with it, which will contribute to this asset’s decline.
Targets: $0.490257 - $0.455015 - $0.409143
Stop: $0.574367
Opened a short #ZETA
The coin once again tried to overcome the resistance level of $0.7175, but this attempt also ended in failure.
Trading volumes are at a low level, and the buyer is now extremely weak and, as a result, the asset cannot show proper growth.
In the medium term, the token will likely continue to trade in the range of $0.5398 - $0.7175, without any important changes.
Targets: $0.6482 - $0.5959 - $0.5398
Stop: $0.7578
Opened a short #APE
The asset was heavily pumped and, as a rule, positions were then fixed, which led to a correction.
The coin is steadily declining in a downward channel and the potential for correction is quite good. At the moment, the token tried to gain a foothold below the moving MA200, but so far this has not been possible.
Against the backdrop of an unstable market, which can go short at any moment, this asset can show a rather strong decline. Most likely, we will see an attempt to test the level of $0.7727.
Targets: $0.9415 - $0.8604 - $0.7727
Stop: $1.0975