The entire market is down, $BTC, $ETH, $SOL, $AVAX, $LINK etc.
The funny thing is I saw this coming months ago. I predicted April was going to be a very bad month for the markets.
$NVDA is the cornerstone of tech, it'll drag the entire market down.
https://t.co/51ktBmZ5vK
$ETH
#Ethereum didnt make a new low and it's noe starting to pump
Caught the lowest level which is in a very rewarding support zone
Riding these longs until we reach the bright red area again
$BTC
#Bitcoin now green on 10H confirming the start of an uptrend
Let's see how it goes, I expect to see green days soon and revisit some previous levels
July will be much more favorable, that's when we can reach the monthly open target
$SOL
Exceptional performance by #Solana
Already back to the highs within couple days, pumped more than 7% in a single day
Powerful structure too, remains bullish
Maybe Solana will be the first to reach the monthly open
$BTC
#Bitcoin by far the worst looking chart
Making new lows almost every day
However I refuse to believe this downtrend will lead to the actual bottom
The previous cycle showed deviations so I'm willing to tolerate new lows as long as we don't see 55K
That is my invalidation
$ETH
#Ethereum doesn't look so good but still maintains low
Still red on 10H however I believe this coin is very close to the cycle bottom
I don't see it lower than 1300
Remember that cryptos don't bottom at the same time
$SOL
#Solana performs surprisingly well, better than other cryptos
It retested the support I was expecting
I told you yesterday not to long, many losers didn't follow my advice and got destroyed
However this position looks good for a swing long definitely better than yesterday
$BTC
#Bitcoin retested the low creating a lower low but barely noticeable
I believe this support will hold for some more weeks until we reach my target at 73K
A swing long from here will yield nice profits in the coming weeks
$ETH
#Ethereum didn't create a new low and retested old supports
We will go up from here but I expect some chop days to cool down the markets after so many corrections
$SOL
#Solana didn't create a lower low, for the moment at least
As long the 10H remains red I see no reason to long except for scalps
I think we will drop lower and test 66 as support
Follow my trading signals now
$BTC
#Bitcoin also created a lower low
I believe we will retest 61K then bounce and stay in range until June where I expect my target to be reached and then swing short for the final time before the bottom
$ETH
#Ehereum created a lower low
This is no bullish at all
However I don't think this will devolve and create lower lows
Still, the trend remains in a downtrend, and I'd not long swing long from here
$SOL
#Solana red on 10H
We got pretty close to the previous high
Currently a LH
Not bullish at all but I doubt we'll see new lows, simply lower than 68
I am now switching short for scalps
$ETH
#Ethereum now red on 10H
This is the beginning of a new downtrend
We will retest support and possibly break below it to find lower positions
I don't think this means we will see new lows
My target still remains 2000 and I still have my swing longs
$BTC
#Bitcoin still green on 10H but it's getting weaker and other cryptos already red so I expect BTC to eventually follow
That was a hard rejection, we are going lower now
Retesting the support seems the logical choice now
$SOL
#Solana has been performing better than other cryptos
It got very close to the previous high and it is also the closes to the monthly open, which is my target before going swing short again for the last time before the bottom
Stay tuned and follow my trading signals
$ETH
#Ethereum still in an uptrend
I'd say it still has 2-3 more days, meaning it could potentially go higher and reach the previous high
It needs more volatility in order to reach a higher high
$BTC
#Bitcoin pushed a bit higher today
But so far has nearly retraced most of the gains
It is grinding slower and the uptrend is getting weak at times
This range structure will be valid for most of the month I believe
$BTC
Everyone else was calling for new lows for #Bitcoin
Not me
I was the only one who explicitly stated no new lows would be made until we reach my target of 72K
Levels to the game
$ETH
#Ethereum still in a downtrend but it's getting weaker
Uptrend will only be confirmed once it turns green but for the moment it seems support holds