A widely followed crypto analyst updates his outlook on several top altcoins as markets stumble.
Looking hard here, but at resistance.
If we are successful, I guess we will see $0.67 next, but I would prefer to buy or look for longs around $0.48.
ADA is trading at $0.49 at the time of writing.
Still looking at a scenario like this, as the broader market is facing resistance at this point (at least a little overextended).
The same goes for AVAX.
AVAX is trading for $24.98 at the time of writing.
This one looking for a dip here plays around $0.0375 or potentially $0.041 for a possible new trade.
This could be a trade towards $0.052.
ZIL is trading at $0.041 at the time of writing.
I would look at regions around $0.73 for longs.
Already mentioned earlier that it was overfished around $1.
“After a big impulse, there is usually a substantial correction.
The same goes for FTM.
Significant run and momentum is on the upside, but corrections take place during such momentum.
Now nostalgia regions are found in the set and can be played.
FTM is trading at $0.33 at the time of writing.
“A potential area for Bitcoin longs is also approaching.”
BTC is trading for $23,029 at the time of writing.
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