I am Charting Altcoins And Thanking POW-POW For Sending Bitcoin To 100K

in LeoFinance11 days ago

Hey Guys

Today since we Bitcoin broke again 100,000$ I am going to chart different coins I am looking and what I am looking at each chart.

NEIRO/USDT

I would wait for a resolution here, a re-test of the support level is possible

GRT/USDT

On its way to the 0.50 USDT resistance. That will be the acid test for the chart

BNB/USDT

On ATH and looking for a consolidation of the breakout. Looks really bullish

PYTH/USDT

PYTH is breaking the SR (Support Turn Resistance level) keep your eyes on it

After a breakout I will consider some entry in it

ETH/USDT

Ethereum is in the bullish mode now. Broke the marked resistance TL (Trend-Line)

In my opinion, buying Ethereum is better than buying Bitcoin for now. Growth potential is still bigger

ARB/USDT

ARB is heading towards the main Supply level of Daily TF

I am Keeping my eyes on the marked level. After breakout of this level you can consider some entries in it .

INJ/USDT
Price is continously marking Higher high & Higher low

Once it breakout the 34.8$ level I can see good upside movement in it

ENJ/USDT

Once it flip the marked resistance level (red line) I can see more upside movement in it

PNUT/USDT

Marked horizontal Support level is acting as a resistance now for Pnut

Safest entry in it is after the breakout of the marked resistance level

Trump And Powell

So, Trump is pro-crypto?. It seems so. And he’s not the only one, as there’s been another development that gave the crypto market a solid boost. I’m talking about the appointment of Paul Atkins as the new head of the Securities and Exchange Commission (SEC).

Atkins is also a crypto advocate and will replace Gary Gensler, who was known for his strict stance against the crypto industry. As you can imagine, this leadership change at the SEC sent a strong signal that the U.S. is entering a new era of more positive attitudes toward digital assets.

In fact, in a post on the Truth Social platform, Trump stated that Atkins understands the importance of digital assets in making America “greater than ever.”

But that’s not all! There’s one more thing. So, Jerome Powell, the Federal Reserve chairman, made an interesting comment about Bitcoin:

“People are using Bitcoin as a speculative asset. It’s just like gold, except it’s digital. People don’t use it as a form of payment or to store value. It’s extremely volatile. It’s not a competitor to the dollar; it’s really a competitor to gold.”

And this propelled BTC to brake 100,000$

Posted Using InLeo Alpha

Sort:  

nice analisys, i not an investor because i dont in which altcoin invest but for the moment hive is the best for me :D

Thanks mate!