BTC + Altcoins are bouncing...
But are the bulls back in control?
My Top 5 charts for making money this week🧵:
BNB
The best opportunities here will be breakout longs with the first cautious entry at the break of $1,020.
If you missed the 0.382 bounce trade, I would not try to catch the second test of that level. The 0.618 level is the same:
Any level that has been chopped through or has not seen a strong market reaction isn't a level people psychologically care about.
SOL
Shared the 0.618 Fib bounce scenario in advance last week. Reason:
Price sliced through the 0.382 level, and the probability of a bounce at the next Fib level significantly increased.
I don't see any immediate levels on SOL. Instead, I'm focusing on BNB, ETH, ASTER or BTC
Just shared my full analysis on ASTER + LINK
Both setups expire in 24 hours here:
17.59K
63
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.