Cryptomarkets
Crypto Total Market Cap Update- The market is back above 1.5t$
- The structure looks solid and the range has been broken too
- I think we can surely see more infusion in the market very soon.
- BTC and all other alts can easily double triple or quadruple your whole Portfolio
1 Inch Swing Long Setup Update- Inch followed my path and it exactly moved the way I had anticipated
- My overall expectation out of 1inch remains the same and I am still bullish
- If you already have 1 inch in your bag or accumulated it in the dip then you can keep adding more and more size in every retracement you see.
- Do not start cutting your size until the overall market turns bearish, the only key to compound your gains is by adding more to your winners and by holding them for long and the opposite goes for your losers.
- IMO you can hold this and do not square off before the first quarter.
ETHUSD AnalysisConfirmation for this long trade:-
1: Market is taking pullback from support area
2: taking rejection from trendline
Technical Analysis: DYDX/USDT - Token Unlock in progress?
When analyzing the DYDX/USDT chart, it becomes evident that the token is currently positioned at a robust resistance level, accompanied by an increasing selling pressure.
For traders considering selling positions, the recommended selling area for DYDX/USDT is within the range of 2.200-2.250. This range presents an opportunity to capitalize on the ongoing consolidation and potential downward movement in the market. Traders should closely monitor price action to identify optimal selling opportunities within this range.
Based on our analysis, we anticipate the price of DYDX/USDT to decline towards the range of 1.700-1.800. This potential downside provides traders with a target range for profit-taking.
However, it is important to remain alert to a potential breakout scenario. If the price breaks out above the 2.200-2.250 range, it could indicate a shift in market dynamics. In such a scenario, we might witness a move upwards towards the range of 2.700-2.800. Traders should carefully evaluate the market conditions and consider adjusting their trading strategy accordingly.
By incorporating these technical indicators and employing a well-defined trading strategy, traders can make informed decisions within the DYDX/USDT market. Stay updated with price movements and market developments to optimize your trading outcomes.
1INCH1inch is looking good for a long trade
Buy - 0.4570
SL - 0.4380
T1 - 0.5
T2 - 0.55
Mange your risk properly.
Only for educational purpose!!!!!!!
