Juliia

Technical analytics 02.10

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
On the daily timeframe, there is a crossover of the MA50 and MA200 MAs, which gives us a long signal about a trend change, it is very important to keep 21k
By the number of tests, it can be seen that 21k is a key level, we also fit into the correction to the local trend by Fibo levels
Locally, if we can get back into the 22300-24000 range, that is, get out of the current ones above 22300, there is a chance to get to 25k
Bad long scenario - we won't hold 21k and go to 16k in this case and below
Potential implied H&S with right shoulder drawing
Ethereum remains within the range of 1500-1700, there is a chance to continue sideways movement, it is important to keep $1500 support
If we can continue the range - we will go to 1800
If not, then let's go to the 1000 test and enter the bearish triangle again with the 400 test potential
Doge failed an important level of 0.09 and flew to the test of daily moving averages, it is important to hold 0.08 now, I hold a position on the spot and in general, this strategy does not provide for a stop. Or take profit or doge will cease to exist
If we do not hold the level, there is a big chance to see 0.05
I recommend considering purchases only above 0.09
Strong buy signal on BnB above 345, the level has already been tested, should break through
Breakout targets - $600
Despite the bad news, we are holding on very well, test of moving averages and Fibo levels, a trend change in the face, it is important to hold 300
Tron - key 0.05-0.07, very long format so far
Classic - purchases above 32, target $150, nothing to do with current
Ripple - buy at 0.50, target $1
Sol can go to test 19, it is important to go back to the bullish range, the key mark for growth is the level at 24, I have reduced Sol on futures for now and see how the week closes
Overall, despite the fact that the New York Regulator is investigating $BUSD and $USDP stablecoin issuer Paxos, we have generally held out so far, it is important where we close the week while we recover from yesterday's avalanche of sales and liquidations, which were about 250 million, not so much by the standards of the crypto world)

Stay in peace and keep hodl bitcoin


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.