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Juliia
Feb 10, 2023 4:25 PM

Technical analytics 02.10 Long

Bitcoin / TetherUSBinance

Description

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


Comments
SwallowPremium
It was so interesting to read, keep up the good work.
Juliia
@SwallowPremium, Thank you, this comment motivates me)
bestfarbit74
interesting view
Juliia
@bestfarbit74, Thank you)
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