Is The CRYPTO CRASH Finished? [Watch Before You Do Anything]
Crypto Banter
Bitcoin and Crypto Market Analysis
The crypto market is experiencing a whipsaw effect, with Bitcoin back above $100,000. The chances of the crash being over or continuing towards the downside are being assessed.
- Bitcoin's daily chart shows half of the coins starting to come back strong, with volatility persisting in the crypto market.
- The market is waiting for the FOMC (Federal Open Market Committee) meeting, which may impact the crypto market.
Stock Market Analysis
The S&P 500 futures chart shows a potential bottom forming, with the market waiting for the FOMC meeting.
- The Dow Jones Industrial Average is relatively strong and may challenge prior all-time highs.
- The tech stocks, including Nvidia, are experiencing a massive sell-off, which may affect the crypto market.
Trade Opportunities
Potential trade opportunities include:
- Long trade on Bitcoin: With a stop loss below $100,000 and a target of $107,000 to $120,000.
- Short trade on Bitcoin: With a stop loss above the breakdown level and a target of $100,000.
- Long trade on Ethereum: With a stop loss below the downsloping trend line and a target of $6,000.
- Long trade on Solana: With a stop loss below the 50% level and a target of $259.
- Long trade on Goku: With a stop loss below the 1.618 level and a target of $27 million market cap.
Crypto Coin Analysis
Various crypto coins are being analyzed, including:
- Brett: Showing a falling wedge pattern and potential for a breakout.
- Pepe: Similar to Brett, with a potential falling wedge pattern.
- Land Wolf: Showing a similar pattern to Brett and Pepe.
- Bird Dog: Attempting to hold a level and potentially breaking out.
- Trump: Attempting to hold a level and potentially breaking out.
- Checks: Not looking good, with a potential drop to $0.80.
- Poll AI: Showing a trend line and potential for a breakout.
- Nassana: Sitting at the yearly open and potentially breaking out.
- IXBT: Not looking good, with a potential drop to $1.53.
- Mantra: Showing a bull flag pattern and potential for a breakout.
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