Strateg_

A new bear attack

Strateg_ Updated   
BITSTAMP:ETHUSD   Ethereum
This week, the market, as expected, received a significant blow from the bears amid an attempt to reverse the quarter. A quick payback further increases the chances of a positive quarter close and maintaining purchases before the start of the new quarter, but you should not relax. As we approach the middle of the month, bears are highly likely to make a new attempt to reverse the monthly and quarterly candlesticks. Considering that the level of 3250 has been broken, the momentum may reach 3000 in the new week. Further, the probability of a buy-off prevails against the background of maintaining a medium-term bullish trend with the aim of returning to 3500-3750 before the opening of the second half of the month. In a more optimistic scenario, there is a probability of leaving for the 4500 test with a further rebound to 3900-4000. But the probability of purchases in a row is still inferior.
Against the background of a possible sales momentum, the formation of new exit entry points for coins is likely. Taking into account the taking of key levels, there is a possibility of compensation for sales and continuation of the trend for pros and quick. There is also a high probability of a new wave of growth in vib from a retest of 0.825-850. Fantokens also remain extremely oversold. Among them, asr and atm remain the most interesting for me. There is a possibility of new impulses to local overshoots. Coins such as ooki cvp oax drep also showed good growth waves of up to 50%, but did not break through resistance, and therefore a pullback can be expected in the event of a general market drawdown. Then you can increase the positions again. Of the more fundamentally reliable in the medium term, resistance breakouts also did not give df gft chz and quick looks like a more interesting alternative today.
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Bulls successfully hold the 3500 level with the opening of the last day of the week above the level. Against this background, there is a high probability of an attempt to turn the weekly candlesticks on individual coins into bullish ones. I have added vib, which is a good tool for saving funds in the medium term, and cvp, which bounced from the 0.53 level, which may give rise to an attempt to overshoot.

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