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$LTC
is forming a decent pattern here, where price is sitting near the local support zone. If all goes as planned, we might be seeing a good buy entry, so we wait!
#LTCPriceAnalysis
More in-depth info is in the video—enjoy!
LTC Price
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LTC
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$AAVE had a clear trend switch earlier and since then price has been trading inside a clean bullish structure. Right now we are sitting just behind the EMAs, which is the main area to watch in the short term. If buyers manage to break and reclaim the EMAs, then we look for continuation of the bullish trend inside the current range. As long as price holds within these borders, the game plan stays the same. #AAVEPriceAnalysis
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$AVAX just broke a smaller local support, but so far sellers are not really showing strong pressure. The move down looks more like a quick liquidity sweep rather than a clean breakdown and control. If sellers manage to secure this breakdown and the price accepts below the broken support, then we will likely see another dip toward the local bottom. But as mentioned before, nothing is confirmed yet; we look for a recovery and once we see that, we are open to a good long setup! #AVAXPriceAnalysis
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$LINK is still stuck inside that sideways range and price is sitting right on the support zone again. Looking at the last times we had liquidity sweeps into this area, price gave a decent bounce, so that’s the main thing I’m watching here. Ideal entry for me is once buyers break and hold above the ~$15 area. Optional entry is from current price if you’re fine taking it early, but the clean confirmation is that break — then we aim for the upper zone as the main target. #LINKPriceAnalysis #CryptoRally
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After a slight moment above the 200 EMA a week ago $ETH , the price failed to maintain that area and since then we have been basically moving lower and lower, eventually breaking the breakout area at $3000. What we are looking for now is a recovery of that $3000 zone, which is mandatory before aiming for the $3600 area. If we do not see it, then most likely we will see another dip to local lows, but we are more into the breakout scenario here! #ETHPriceAnalysis
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After the bloody Monday on $BTC (which did not let the price fully fill the bullish CME gap). Now that price had that deep sweep, we might be seeing a similar playout like before. Price had a decent market structure break, which might lead the price towards the bullish CME gap (which is our current major target). Markets are in a deep downside trend currently so we will be looking for the break of the current high on the candle, where the stop loss would be at around $85K. #BTCPriceAnalysis
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