Blue-Sapphire

Why is this an important level? The weekly trend line is a major long term trend line that everyone was watching (and hoping) would hold in '22. As soon as it broke, price collapsed creating large amounts of Eth bagholders (May22 Eth Bagholders). You can expect that once this $2580 price is reestablished, there will likely be volatile action over the next few hours with price going slightly higher, possibly up to ~$2700 level, and definitely lower as the May22 Eth bagholder gets back break even, and most likely out with a small profit causing near term selling pressure. This may all happen over the course of a few hours. #Ethereum

Keep it simple. Seeing no real turbulence 'til 45K. 45K-53K is the next level up where things can get explosive in both directions. See my Monthly for more ideas.

Bitcoin, cup sans 1st handle, means it is likely going much higher near term than most people think. Recent price action suggests that sellers aren't able to knock it back down into the 1st handle area. Upside targets of 45K-53K are now in the cards near term.

LINK has been showing strength relative to many alt coins which shouldn't surprise anyone if they've been trading the space and paying attention to the coin since 2019. Expect high volatility but with an upwards bias.

Possible target areas on ADA Cardano for 2025 beginning with current cup+handle, if successful. This may take (much) longer to play out than indicated in chart.

1. Clear weekly cup+handle 2. 12EMA on verge of crossing 26EMA 3. Entry now, and as low as backtest of SMA50 at handle 4. Warning: Many prior cup+handles failed, stops are generally a good idea