A widely followed crypto analyst is updating his outlook on several leading altcoins as the markets stumble.
Looking strong here, but at resistance.
If we crack through, I’m assuming we’ll see $0.67 next, but I’d preferably want to long or seek for longs around $0.48 region.”
ADA is trading for $0.49 at time of writing.
Still looking at a scenario like this as the entire market is facing resistance at this point (at least a bit overextended).
Same goes for AVAX.”
AVAX is trading for $24.98 at time of writing.
This one looking for some dip plays here around $0.0375 or potentially looking at $0.041 for a new possible trade.
That could be a trade towards $0.052.”
ZIL is trading for $0.041 at time of writing.
I’d be looking at regions around $0.73 for longs.
Already mentioned earlier that it was overextended around $1.”
“After a big impulse, there’s usually a substantial correction.
The same goes for FTM.
A significant run and momentum are upwards, but corrections take place during such a momentum.
Now, regions for longing are found overall and could be played.”
FTM is trading for $0.33 at time of writing.
“A potential area for longs on Bitcoin is approaching too.”
BTC is trading for $23,029 at time of writing.
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