ApeCoin – APE Avalanche – AVAX Bitcoin – BTC BNB – BNB Cardano – ADA Ethereum – ETH Fantom – FTM MultiversX – EGLD Polygon – MATIC XRP – XRP Market Update (June 28) – Consolidation – BTC ETH ADA APE AVAX BNB EGLD FTM MATIC XRP Hello everyone let’s have a quick run through the charts so I did not get filled on my Bitcoin long orders down here and the liquidity was tapped once already I’m still keeping the orders in the system in case we get a retrace from here I mean Bitcoin after the liquidity Tap has been consolidating it’s either going to to this move and then run back up higher and if that’s the case I I think um this will be broken and flipped the next time and then maybe continuation towards 32.5 33k and if it’s just if it just is gonna Break and flip this um 31 170 level then I will have to look for buy orders by opportunities higher up but for now I’m still patiently waiting down here eth um is holding 1850 quite nicely and just a second Um let me see what the Atma is doing yeah it’s been has hold has been holding the atma2 but uh for now I’ll just keep my my orders down here and because if Bitcoin corrects down to the area which I had marked and where I placed my buy orders I think the youth orders should also fill and from there we will see for now we can have an eye or keep an eye on the Wicks up here so if price breaks through the wigs I think a lot of short liquidity or short stop losses have been accumulating here And if that gets grabbed then we have to see the reaction if it will continue just further up um or if you will get the correction after that and get filled on our buy orders for now it’s just a wait and see game Ada so Ada failed to break out as I Mentioned last week I’m already out of my short in hindsight okay it’s I exited around 28 6 I think and now it’s a little a little lower but um either way until the 30 cents level is flipped I’m not interested in Longs anymore or if we get Another revisit of this lower level here around the week maybe all the way to the bottom maybe just around half the week but at around for 24 cents I would be interested in in Longs as well so I will set an alert right there and just wait until either of these Alerts gets triggered and then we will see what’s going on BMB so I had set one short order at 256 uh 257 dollars which hit on binance but unfortunately I’m not trading on binance so on my exchange it not it did not get filled if you got filled on um On your short congratulations I think uh moving the stop loss to break even now is is good because um price has already dropped sufficiently and it it’s now just a waiting game partial profits can also be taken because it’s already like 50 percent down to our goal and then uh We will see next waiting for the Longs down here and um let me set an alert two and then we will see once this gets triggered get triggered ape ape is on its way to the area where I have my short orders um placed uh I mean The high Wicks on the top I think a lot of I don’t know liquidity is already getting distributions here um yeah selling is taking place so I do not know if I still want to short it once it reaches this place I I have to See what the price action will be like I think for now I’ll just um take my orders out of the system and then wait and see yeah avex yeah AVX same as Ada so did not manage to break through and flip the to the key level or the key area I’ve Been watching so it’s just uh kind of doing a U-turn right now I’ll see reset alerts down here and up there and then we will see it’s it’s just been a slow last few days especially in Asia not not much is happening during the Asia trading sessions so um Not much to update yeah I did the right choice when I tped my e-gold while it was barely in profit because as I said the strength was a little more than I wanted to see so that was the right choice um obviously this one is not gonna be working out anymore right now Um not interested in any equal positions I mean if you want to Long then a retest of this area maybe the Gap here a little lower yeah so between um yeah 31 and 32 dollars 36 Cents uh long entries could be taken and then um probably it’s fair to aim at the Liquidity out of these relative equal highs and um but I do not see like else taking off 24 or 25 percent all of a sudden especially not in one day um but there is always the possibility so areas for lungs would be the 31 32 dollar area stop loss just under these Weeks here because I don’t think there will be another sweep it already got um pretty much to the the low point at this point it’s more likely that price will dip into this fair value Gap and then revert to the upside from there but I’m not going to to enter this long Phantom Um Phantom is already actually looking better than a ofax and Ada it is in the process of retesting the resistance for support and we will see Maybe I’ll set myself an alert on this one and if it breaches 31 5 then I’ll keep an eye on candle closes These Wicks do not matter to me but the candle closes will be what’s going to be telling to me that the flip could be real and continuation towards these Wicks over here I mean there is liquidity above these that’s where I would aim and a little bit higher in this area But first we have to see this area the 31.315 area flipped and then I will look for lungs so we can get rid of these now magic yeah I mean I’ve moved my my stop loss to break even as I mentioned in the last update and since then I mean we could Argue that this is like a bull flag so a lot of short liquid Short Stops are probably in the area where I have mine placed but at this point I’ll just stick to it you can always take partial profits if you also enter the short To secure at least at least some some of the profits but I still think another drop could be in the cards especially if the Bitcoin scenario I mentioned or I’m looking for plays out they will take the alts down into these regions too so maybe you could already TP like here I think I’ll either TP at around 56 cents or maybe even a little higher at 59 maybe um tp1 at 59 cents and 10 tp2 at 56 cents or so the position is risk-free so at this point um yeah we are flexible xrp xrp has dropped out of the bare flag did not Do a bearish retest yet but this whole area could be turning into resistance so I’ll keep an eye on that maybe narrow this down a little bit um so I would definitely keep an eye on the retest of 49 cents to 50 cents and if it rejects there again then probably We are going to grab the sell side liquidity either down here it’s actually should be under the Wicks a little bit towards 40 cents or just another retest off of this low and then make equal lows at around 45 6 either way for now the bullishness seems to have faded for xrp Um I mean if there is like a positive result of the case it can always suit up then it will not care about technicals at all but for now the path to the downside looks clearer to me than to the upside all right that’s it for today and see you again In the next update bye 23 June, 2023 Friday Market Update Consolidation continues.Featured Crypto: BTC ETH ADA APE AVAX BNB EGLD FTM MATIC XRP I trade crypto, stocks, indices, fx and commodities on BingX.Here is my affiliate event link for some $$ goodies if you decide signing up with it: https://bingx.com/en-us/act/template/4333?ref=E11JS3&randomId=5834104006 —Event Details— Sign Up Reward: – The first 100 new users that register a new BingX account will share the $10,000 reward.– New User Welcome Bonus ($100 Trading Bonus (max x5 leverage).No min.
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