Welcome to the crypto site. My name is Victor, and today: Entry to the Crypto, buy Token, 20-05-2024. Join the discussion on the CryptoViktor
Entry to the Crypto, buy Token
Entry points to the Crypto, buy a Token
Greetings. My name is Victor, and today we will conduct a technical analysis and give a forecast on the course of cryptocurrencies, in particular Bitcoin. Please note that this is not a financial recommendation and you should make your own decisions. I wish you successful crypto trading and investments.
Main points of discussion:
📈 Technical analysis of Bitcoin
- Monthly timeframe: A possible decline to the red line 57 is expected, but there is a chance of a green candle. A trend reversal in the summer is predicted with a possible reach of the next high.
- Weekly chart: Consolidation in the reversal phase, potential rise to 85 after accumulation phases.
- Daily chart: Rates are in the zone of preparation for a breakout. The week will be interesting with potential movement in a narrow range.
💹 Forecasts for altcoins
- Arbitrum: A great place to buy with a buy button. There is potential for growth.
- LEO (Bitfinex): The middle zone, a slight decrease is possible before growth.
- ADA (Cardano): Attractive places to buy, strong growth is possible.
- TRX: Useful for transferring large amounts. There is potential for a move to 25.
- BNB: Middle zone, expected to grow in the future.
- ETH: Forecast to rise after the accumulation phase.
- XRP: Strong growth phase, possible to reach 30-50.
- ATOM: Interesting places to buy, potential growth.
- LTC: On hold, may start to grow.
- Uniswap: Potential two Xs, but it is recommended to wait.
- DOT: A mini-growth phase is expected.
- LINK: Working out the “buy” button, probably an accumulation phase.
- EOS: On a platform with a potential decline, it is recommended to refrain from buying.
- CAKE: Completion of the accumulation phase, growth is possible.
- MATIC: Long-term accumulation, 5-6 Xs are possible.
- AVAX: A slight decline before growth is possible.
- SHIBA: Calm platform, possible growth phase.
- STELLAR: Long platform, continuation is predicted.
- DOGE: Possible start of growth.
- SUSHI: Expected to rise after the accumulation phase.
- SOLANA: A powerful project with two Xs, waiting is recommended.
- 1INCH: Great potential for growth.
- EXCIT: Attractive prices for entry.
- TRUSTWALLET: Three potential Xs.
- NEAR: After significant growth, a downward phase is likely.
- VET: Potential for growth after an accumulation phase.
- APT: Recommended to wait for better prices.
- FTM: After the rise, a slight decline is possible.
- FLOKI: After a significant rise, a slight decline is possible.