Strateg_

We are preparing for a correction in the new quarter

BITSTAMP:ETHUSD   Ethereum
Against the background of maintaining purchases and maintaining the likelihood of continued growth in the second quarter, coins continue to try to take new levels. Almost all the coins that I considered for work gave good growth waves. After working out, I reduce my positions in the work, because the new quarterly candle will form a shadow, the correction can be up to 30-40% for many coins from current levels. Also, the sales season begins in May, where the dynamics of the market will become much more difficult. This year, there is a fairly high probability of fully compensating for seasonal sales in May, similar to January, due to the long-term bullish trend within the five-year plan.
Until the end of the quarter, there is still the possibility of a second attempt to gain a foothold above 0.25 for oax with a test of 0.3 and a stable continuation of the trend in case of opening a new quarter above 0.25. For pros, the probability of a new test of 0.75 remains with an attempt to open a quarter above 0.6 to maintain purchases in the new quarter. According to ooki, in case of a successful rebound on the 4-hour chart from 0.00325-335, a new impulse is possible to break into the range of 0.0050-75 with an attempt to open a new quarter above 0.005 to maintain the bullish trend. There is also a possibility of an additional impulse for the $ 5-7.5 fantokens for the test, among which I mainly consider asr and atm. In the absence of impulses today or tomorrow, these unprocessed goals will increase the likelihood of opening a new quarter for these coins with growth.
The Gft did not gain a foothold above 0.35, now the probability of a pullback prevails. Df also bounced from 0.75, vib from 0.15 and cvp from 75, for which the probability of a deeper pullback to the formation of a shadow for a new quarterly candle also prevails.
According to drep and pnt, the first pulse did not reach the targets on the 0.21-25 and 0.150-175 test, and therefore there is a possibility of a new impulse to reverse this week tomorrow or retest these levels already in a new monthly candle at the beginning of the week.

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