A new crypto week has started! It is looking as bullish as it can be here guys, total crypto cap tapped ATH last night and there is no sign of declining appetite for crypto and righteously so!
So I keep this one short, I project BTC to breakout on Wednesday which should take BTC above 60K again. If BTC holds above 60K this week we are in for a new ATH and a possible 70K by the end of the month. But first lets see if we can break 60K as its a big hurdle at the moment. Also watch out for shakeouts before the breakout.
Then the new king of crypto: Ethereum (sorry BTC maxi's) is looking very bullish! ETH doesnt seem to slow down and is slicing through heavy resistance like a knife through butter. However; watch out with leverage longs though! Lets not give the market maker any reason to bring the price back down by giving them an opportunity to wick you out. So if on the sidelines; ETH is still a good buy on spot, especially for the long term (the next 6 to 12 months). ETH is an easy keeper and I might have found yet more insights on where the price might go in the next 6 to 12 months. I have to verify and study more but if its true what I'm seeing we have multiple X's ahead for ETH. As of yet still by far the best performing coin in the whole market and by far the coin with the best fundamentals. The cryptomarket has never been this easy.
For the rest of the market; we need to wait and see as BTC needs to hold the line for other coins to pump. If you like something else besides ETH; I am still bullish on KSM and potentially DOT, BNB and LINK. From this list though I only think KSM has a decent chance to outperform ETH but we can never tell for sure. (check my analysis linked below for KSM)
Last week's projections hit their targets perfectly and this week we project: BTC to break 60K, ETH could run towards the 4400$ zone and KSM should be able to break the 500$ mark. Last remark: be happy with a dump on Monday, it means we will pump this week, be patient!
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
So I keep this one short, I project BTC to breakout on Wednesday which should take BTC above 60K again. If BTC holds above 60K this week we are in for a new ATH and a possible 70K by the end of the month. But first lets see if we can break 60K as its a big hurdle at the moment. Also watch out for shakeouts before the breakout.
Then the new king of crypto: Ethereum (sorry BTC maxi's) is looking very bullish! ETH doesnt seem to slow down and is slicing through heavy resistance like a knife through butter. However; watch out with leverage longs though! Lets not give the market maker any reason to bring the price back down by giving them an opportunity to wick you out. So if on the sidelines; ETH is still a good buy on spot, especially for the long term (the next 6 to 12 months). ETH is an easy keeper and I might have found yet more insights on where the price might go in the next 6 to 12 months. I have to verify and study more but if its true what I'm seeing we have multiple X's ahead for ETH. As of yet still by far the best performing coin in the whole market and by far the coin with the best fundamentals. The cryptomarket has never been this easy.
For the rest of the market; we need to wait and see as BTC needs to hold the line for other coins to pump. If you like something else besides ETH; I am still bullish on KSM and potentially DOT, BNB and LINK. From this list though I only think KSM has a decent chance to outperform ETH but we can never tell for sure. (check my analysis linked below for KSM)
Last week's projections hit their targets perfectly and this week we project: BTC to break 60K, ETH could run towards the 4400$ zone and KSM should be able to break the 500$ mark. Last remark: be happy with a dump on Monday, it means we will pump this week, be patient!
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Comment:
Nice shakeout, this is bullish!
Comment:
So we had another shakeout, also because the stock market dumped. Do I turn bearish? Nope. What did I sady: WEDNESDAY. Tomorrow's trend will tell the truth... Also check how beautiful these dumps hit my targets. (press play and zoom out a bit on the charts)
Comment:
It's Wednesday! <3
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