24 March My Technical Analysis
$BTC
- In the last analysis, I mentioned 43350 and 44130 targets. 43350 arrived ✅
-As of today, the needles thrown on the 43350 look a bit of a trap, although the 44130 is still on the target board, there is a bit of indecision here.
-I think the fix will start soon.
As long as the closures continue under -43176 M/O (monthly open), they can gradually reduce up to 42 and 40.5.
If there are closes above -43176, let's look at 44130 and if we see weakness, let's proceed according to this chart again. - On the long side, I have reduced my position size up to 20%. My criteria for switching to short will be as above. If the closings on the trend and M/O are satisfactory, I will continue with 20% until the first correction.
$ETH 3081 seen intermediate target 3044 completed ✅
-We can't reach the main target 3148 yet, but if $BTC completes the 44130 movement, then we will successfully close this target as well.
2764 -> 3081 (12%) 🎯👊
Our -2950 support. 2860 is our level that should be protected on a closing basis. It's okay to hold this position as long as it's protected and defended.
- Considering that $BTC is at a critical point and the correction is near, I think the long position size here should be around 25% to the initial rates, and 75% should have been realized. Our starting level was 2764.
-It is necessary to wait for a fix for adding or zero costing.
$AVAX
Price fluctuated in the gray area. It is not yet reasonable to add to the long side without leaving here. A daily close below 84 gets us in trouble. It can push it up to support.
To add in alts, $BTC, which is the major, would do well to see a slight correction. If there is no correction, then it is best to wait for a close above 90.8 to add to $AVAX.
$SOL 102 USD seen ✅
Our target was the 98-106 range. We hit the middle ☺️
Here we accompanied an increase of around 16%🎯👊
Wait for $BTC to correct for the addition or zero costing I will say about altcoins in general. I have given $BTC retracement levels in $BTC analysis.
In addition, since the target has come, you must realize at least half of the position and put a stop to your cost so that you have taken all kinds of profits and carried a zero-risk position because you deserved it by taking the risk below. Use your right 🙂
If $SOL correction comes in, the 90-92 range seems reasonable.
We said $DOT 18.89 followed by 20 and 22.66. We found the middle today ☺️
18.89 -> 21.24 (13%) seen 🎯👊
-22.66 I will continue to follow.
-If the fix comes now, we need to find support between 20.16 and 19.40.
I copy and paste the same text as in other analyzes:
Wait for $BTC to correct for the addition or zero costing I will say about altcoins in general. I have given $BTC retracement levels in $BTC analysis.
In addition, since the target has come, you must realize at least half of the position and put a stop to your cost so that you have taken all kinds of profits and carried a zero-risk position because you deserved it by taking the risk below. Use your right 🙂
Good luck with,
It is not investment advice.
Graphics Source: Tradingview
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