Strateg_

The trend of the new quarter continues to swing

Long
Strateg_ Updated   
BITSTAMP:ETHUSD   Ethereum
To date, the trend of the new quarterly candle is swinging and the market is still quite sleepy. Coin rollbacks continue, which can reach 30-40%, as I wrote earlier. The quarter opened above 3600 on the air, which in the future gives a technical signal for an attempt to continue the medium-term trend up to the 4500 test. Due to the positive opening of the quarter, the first wave of pullback has been successfully bought off and there is a possibility of an attempt to move over this week if the level of 3500 is held today. At least on the attempt of this movement, individual coins can give a reversal of the weekly candle with a local overshoot. If a new week opens above 3750, we can expect a confident momentum towards 4250-4500. With a rebound from 3750, there is a high probability of a new wave of sales in the area of 3100-3250, but also with further payback for an attempt to move, thanks to the opening of the quarter above 3600.
Against the background of payoffs in the second half of this and next week, there is a possibility of significant work on individual coins. So far, I am focusing on vib, which is more fundamentally reliable among oversold coins and has goals for 0.25+, pros and ooki, which left without retest, have successfully compensated for the market pullback and have goals for the test of 0.75 and 0.0075, respectively.
Trade active:
Unfortunately, under the pressure of a strongly increased dollar, the scenario of a repeated fall to 3100 was worked out this week. Today, the foreign exchange market is closing and over the weekend, you can expect rollbacks on coins against the background of an attempt to return on the air at 3500 by the end of the week. Depending on the workload of the depot, you can make coin toppings for at least a weekend. In addition to vip pros and oki, ax has returned to the high-potential zone, which can also be considered for scalping.
Trade active:
According to the cue ball, the 60k level remains key to maintaining a bullish medium-term trend, while there is a high probability of a repeat wave at the 75k test in the current quarter. In the case of a dollar drawdown tomorrow or the day after tomorrow, a volatile reversal can be expected as early as this week, where buyer activity may further increase against the background of halving.

t.me/Crypto_Guru_Free - тренды 100%+ на споте ежедневно
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.