ETH follow up and break resistance will it push strongly up.

Jake
TOP Trader

BTC:
INTRO: BTC retesting 68.000$ as resistance.

Technical analysis for the BTC/USDT chart:

Key Levels:

• Resistance: $68.000,$69.500
• Support: $62,000, $63,000

Strategy:

• Long: Buy at $60,100 with a stop loss below $58,000 and a target price of $69,000.
• Short: Sell at $65,000 with a stop loss above $67,500 and a target price of $60,000.

Range Description:

BTC/USDT is currently trading in a range between $60,000 and $65,000. The pair has broken into this range during the day. However, there are signs that the pair is ready to make a move with a possible retest of support.

On the upside, BTC/USDT is facing resistance at $63,000. The $63,000 level has been tested today, and if the price holds above it on the daily close, it will be confirmed as support. A break above $63,000 would signal a bullish breakout and could send the pair higher to $65,000.

On the downside, BTC/USDT is facing support at $62,500. This level was a previous resistance for the day and now holds as support. A break below $62,500 would signal a bearish breakdown and could send the pair lower to $58,000 or even $50,000.

BTC1D chart TW: https://www.tradingview.com/x/a0oP3QUQ/

ETH:
INTRO: ETH retesting 3550$ resistance.

Here is a technical analysis of the ETH/USDT chart:

Key Levels:

• Resistance: $3800, $3550
• Support: $3200, $3350

Strategy:

• Long: Buy at $3200 with a stop loss below $3000 and a target price of $4000.
• Short: Sell at $3600 with a stop loss above $3700 and a target price of $3000.

Range Description:

ETH/USDT is currently trading in a range between $3300 and $3600. The pair has broken into this range during the day. However, there are signs that the pair is ready to make a move with a possible retest of support.

On the upside, ETH/USDT is facing resistance at $3500. This level hasn’t been tested today, and if the price holds above it on the daily close, it will be confirmed as support. A break above $3500 would signal a bullish breakout and could send the pair higher to $3700.

On the downside, ETH/USDT is facing support at $3300. This level is a previous swing low and has been tested multiple times in recent weeks as resistance. A break below $3300 would signal a bearish breakdown and could send the pair lower to $3000 or even $2800.

ETH1D chart TW link: https://www.tradingview.com/x/99l4Sh1l/

XRP:
INTRO: XRP retesting 0.6$ support.

Here is a technical analysis of the XRP/USDT chart:

Key Levels:

• Resistance: $0.70, $0.67
• Support: $0.62, $0.64

Strategy:

• Long: Buy at $0.67 with a stop loss below $0.62 and a target price of $0.78.
• Short: Sell at $0.72 with a stop loss above $0.74 and a target price of $0.62.

Range Description:

XRP/USDT is currently trading in a range between $0.62 and $0.72. The pair has shifted into this range during the day. However, there are signs that the pair is ready to make a move with a possible retest of support.

On the upside, XRP/USDT is facing resistance at $0.70. This level has been tested today, and if the price holds above it on the daily close, it will be confirmed as support. A break above $0.70 would signal a bullish breakout and could send the pair higher to $0.72.

On the downside, XRP/USDT is facing support at $0.67. This level is a previous swing low and has been tested multiple times in recent weeks as significant support. A break below $0.67 would signal a bearish breakdown and could send the pair lower to $0.62 or even $0.60.

XRP chart TW link: https://www.tradingview.com/x/wxhBaHUU/

LINK:
INTRO: LINK retest support at 17.5$.

Here is a technical analysis for the LINK/USDT chart:

Key Levels:

• Resistance: $20
• Support: $17.6

Strategy:

• Long: Buy at $17.6 with a stop loss below $17 and a target price of $20.
• Short: Sell at $20 with a stop loss above $21 and a target price of $17.6.

Range Description:

LINK/USDT is currently trading in a range between $17 and $20. The pair has shifted into this range during the day. However, there are signs that the pair is ready to make a move with a possible retest of support.

On the upside, LINK/USDT is facing resistance at $20. This level has been tested today, and if the price holds above it on the daily close, it will be confirmed as support. A break above $20 would signal a bullish breakout and could send the pair higher to $22.

On the downside, LINK/USDT is facing support at $17.6. This level is a previous swing low and has been tested multiple times in recent weeks as significant resistance. A break below $17.6 would signal a bearish breakdown and could send the pair lower to $17 or even $16.

LINK chart TW link: https://www.tradingview.com/x/qvdbfiid/

SOL:
INTRO: SOL retest 190$ resistance.

Here is a technical analysis of the SOL/USDT chart:

Key Levels:

• Resistance: $135, $126
• Support: $120, 107$

Strategy:

• Long: Buy at $120 with a stop loss below $100 and a target price of $130.
• Short: Sell at $100 with a stop loss above $ 107 and a target price of $90.

Range Description:

SOL/USDT is currently trading in a range between $120 and $140. However, there are signs that the pair is ready to make a move to push against strong resistance at $150.

On the upside, SOL/USDT is facing resistance at $135. This level has been tested today, and if the price holds above it on the daily close, it will be confirmed as support. A break above $135 would signal a bullish breakout and could send the pair higher to $150.

On the downside, SOL/USDT is facing support at $120. This level is a previous swing low and has been tested multiple times in recent weeks as significant support. A break below $120 would signal a bearish breakdown and could send the pair lower to $100 or even $90.

SOL chart TW link: https://www.tradingview.com/x/Yde5KKCG/

CRYPTO NEWS:

BLACKROCK IS LAUNCHING A TOKENIZED ASSET FUND 

BlackRock dropped a bomb yesterday… the $9T investment behemoth announced it’s launching a new tokenized asset fund.

Here’s everything you need to know:

• BlackRock is partnering up with Securitize, an asset tokenization firm, to launch it.

• It’s called the USD Institutional Digital Liquidity Fund (0/10 for creativity, btw).

• It isn’t clear what assets the fund will be ‘tokenizing’, but many are speculating it could be real-world assets (RWAs).

• The fund will be tokenized on the Ethereum blockchain. Blockchain sleuths pointed out that BlackRock sent $100M in USDC to seed the fund yesterday.

• There will be a $100,000 minimum investment. #BigBallersOnly

Why this matters: BlackRock is the world’s largest asset manager and has been leading the way for institutional crypto adoption.

Now it has its eyes on a new mission… tokenize everything. Larry Fink (BlackRock’s CEO) has even gone on a media tour to talk all about it.

Stocks, governments bond, you name it – BlackRock wants to tokenize it.

Well, it looks like the trillion-dollar asset manager just took its first big step in that direction.

Funny side note: Crypto degens have been sending a ton of meme coins to BlackRock’s address since it became public…

Including tokens like Shiba Inu, Pepe, Jesus Coin, and HarryPotterObamaSonic10Inu (yes, it’s a real coin).

The cherry on top? Some of them were sent from a wallet address named “big-d*ck-fink.eth” (named after BlackRock’s CEO).

FAST NEWS:

AI-related tokens are rallying while the rest of the market bleeds. Only two AI-related tokens out of the top ten ranked by market cap have experienced slight retracements.

Ledger announced it’s launching its new hardware wallet “very soon.” The new Ledger Stax will roughly be the size of a credit card and will support a wide range of tokens – including BTC, ETH, SOL, and NFTs.

Polygon Labs, King River Capital, and Immutable are teaming up to launch a new $100M gaming fund. The Inevitable Games Fund (IGF) has already identified a few investment opportunities – including Pixelmon and Guild of Guardians.

Solana has passed Ethereum in DEX trading volume over the last week. Solana-based decentralized exchanges (DEX) have seen a 67% increase in volume over the last week.

Grayscale added ETH staking to its ETH ETF application. The move comes after Fidelity made the same update in its application earlier this week.

BTC ETFs saw their biggest day of outflows earlier this week. On Tuesday, U.S. spot bitcoin ETFs experienced $326.2 million in outflows, the largest since their debut.

Final words:

Market break resistance and push-ups are now in momentum.

GROW BOT UPDATE:

Copy trade GROW 0.1->10k$ since 18.03.23 we got +219.0% PROFIT!

GROW CURRENTLY:

TRADING COIN: BTC/USDT

SETUP: SHORT

TAKE PROFIT: /

SAFETY ORDERS: /

Liquidation: /

Not Financial Advice!
Good luck with trades,
JAKE