The_Trading_Wizard_

Bitcoin started a more significant correction recently, which is scaring many people, and there is already a lot of talk about the beginning of the Bear market.In my view, the upward trend is still intact, and this could very well be a healthy correction to prepare for a more significant rise in the coming months.We have an important support level at $75K which has confluence with the 3D SMMA which has already proven to be strong in the past, I think there will be some reaction and that could very well be the end of this correction, but as long as the price manages to stay above $70K I will remain bullish and looking for Longs.It is important to note that the Fear and Greed indicator is at 21, with Bitcoin at $84K.

TAO has hit a key support level at $365 and is now reacting, and it could very well be the bottom.I will wait for confirmation, but it is a great level to DCA in spot if it is a project that interests you. To trade, I will wait first for the price action on smaller timeframes.

Bitcoin is currently consolidating in an ascending parallel channel after a very sharp rally.The most likely scenario is that it will remain in this channel for a while longer, until it ends up breaking up with the approach of Trump's presidency.If it breaks the channel downwards, there are chances of a slightly deeper correction, and we could visit US$90K.

FET has formed a symmetrical triangle on higher time frames, indicating that a breakout is coming and which will help us understand whether bears or bulls will dominate in the near future.The price is reacting to the weekly SMMA and due to the confluence with some previous supports, the $0.80 level is very strong and can support the price, the RSI is also in the oversold region.If the price breaks the triangle to the upside with confirmation, I will open a long trade, I think this is the most likely scenario, with the first target at $1.48.However, be prepared for both scenarios, because if the price breaks the triangle downwards, it is because the downtrend is still strong and it will be a bearish setup.

Jupiter broke the downtrend line initiated on April 1, making a bullish divergence in the RSI on the daily time frame and piercing the MAs with some bullish strength.Jupiter has immense potential, and I believe in US$ 1.30 in the short term, and US$ 1.80+ in the medium term, I will update the analysis over time.I will close my jupiter long if we lose our daily SMMA (red line), but will hold my spot position for long term. Bitcoin showing some bearish strenght after have tested the 70K area, and altcoins will be affected by this in short term

Bitcoin finally gained bullish momentum after forming a bullish divergence on the daily timeframe on the RSI and breaking the downtrend line (and SMMA), I believe we may see a correction of this movement in the short term, but most likely we will reach 70k again in the coming days/weeks.The German government has completed the sale of all Bitcoins, leaving this asset free to return to its Bull trend. (less selling pressure)

No one can be sure when the US SEC will approve the spot Ethereum ETF registration statement, which is expected to be in next few weeks. Now it's just a matter of how long the SEC wants to delay.Ethereum has been trading within a parallel channel since the beginning of the month, and is currently using the daily SMMA as support, if we break out of the channel with confirmation, I believe we will easily see Ethereum return to $4,000 or close to it in the short term, that will be bullish for the Altcoins.We have got no confirmation of channel breakout, currently rejecting support marked in redBullish

Vite broke the down trend line on the 3D timeframe that was holding the price since April 2021, and is now trading above the MAS, which is bullish.The upside potential is high in this setup, but I will be even more bullish when the price manages to break out the resistance at 0.038 and use it as support.

Bitcoin has been consolidating inside the box (red rectangle) since February 14th.We will have to wait for price confirmation at this point, whether the price will break upwards or downwards.

ONDO is at an all-time high, after breaking resistance at 0.32 with a lot of bullish momentum.I believe the price will make a correction that could reach the support marked in red, or the trend line, before making another leg up.Nailed it