STONKS Market Overview
Market overview from the STONKS team.
Since the last market overview, the situation has changed quite significantly, but not for the participants of Stonks Alts, as they continue to receive daily overviews of both Bitcoin and other interesting coins.
At the moment, we have removed the compression from the previous overview and are expecting the top compression to be taken out.
So far, liquidity from below has not been removed, but we are getting a reaction from the STB zone and seeing some very uncertain growth.
Short-term targets:
• Compression removal in the 30077-30465 zone
Long-term goals:
Here it gets more interesting. To continue the full-fledged growth, we need to enter the Growth Discount zone from 24700. Inside this zone, we have the IMB 12h TF awaiting us, where we can look for a reversal with a target towards a new high.
The main news of this week will be the CPI on 10.08 and the PPI on 11.08. We hope to finally see some volatility after this.
Good luck and profits to everyone!
Since the last market overview, the situation has changed quite significantly, but not for the participants of Stonks Alts, as they continue to receive daily overviews of both Bitcoin and other interesting coins.
At the moment, we have removed the compression from the previous overview and are expecting the top compression to be taken out.
So far, liquidity from below has not been removed, but we are getting a reaction from the STB zone and seeing some very uncertain growth.
Short-term targets:
• Compression removal in the 30077-30465 zone
Long-term goals:
Here it gets more interesting. To continue the full-fledged growth, we need to enter the Growth Discount zone from 24700. Inside this zone, we have the IMB 12h TF awaiting us, where we can look for a reversal with a target towards a new high.
The main news of this week will be the CPI on 10.08 and the PPI on 11.08. We hope to finally see some volatility after this.
Good luck and profits to everyone!
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.