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Members Breakdown - 14 April 2021
Updated: Jul 25, 2024
Published: Apr 15, 2021
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In the very short-term, there may be a short-lived pullback IF the Coinbase listing dumps at the start but as stated in the Coinbase IPO journal, it is mid & long-term bullish BTC/ETH/DeFi
BTC
Clear break, heading to new ATH, $74,000 coming up next. ๐
We would NOT be shaken out by this!
Honestly getting shaken out over $60,000 would be a bit worrying โ given this thing was trading sub-$10,000 for the longest time.
ETH
Current Price ($2,421)
$3,000 on its way!
Remember our $1,430 (swing trade) buy though? All it took was guts to buy the dip. May seem scary in the moment however, look at how rewarding it has become. ๐
DOT
Subtle changes go unnoticed by many.
Nevertheless everyone FOMOs in when the inevitably undergo large movements. The $40 flip from resistance to support may seem very shallow. However, that is exactly the type of subtle change one should always be looking out for especially in such a bullish market structure.
SNX
The new SNX buyers are so weak-handed. With that being said, the change in market structure and the higher low is all that matters on this chart.
Patience pays.
RUNE
Rune is currently in its own world! ๐
$15 ACHIEVED
Are we planning on selling? Most Definitely not! We have a target.
As amazing as these price are moving we have our eyes on only one thing. $90 - Short-term fluctuations or not, we don't care! $90 is where we will be selling a portion of our bag.
FTT
Exchange tokens (FTT & BNB) have been rising because of two reasons:
- Massive transactional volumes leading to more token burns and hence price = UP
- Coinbase listing anticipation
Now if COIN dumps on listing day, that would affect FTT & BNB
We have a lot of FTT from way lower but if we didn't we'd set some stink bids between $30 and $45 and hope COIN d umps at the open to fill us. Will they fill for sure? No - However, that would have been worth a shot. We will be not doing it though since our average buy-in is under $10 anyway.
SOL
We are back at support ($25.50) Consolidations may be boring however, they set up bases for further price upside discovery.
SRM
At support, been rising a lot these past days & SOL SZN hasn't even started yet! Let's not forget that it is a Bluechip token in the Solana space.
OXY
We saw some uptrend traction in the beginning of the week. $3 is a psychological level - may provide support however, looks like a retest of $2.8 is more likely to happen here.
XRP
XRP on a uptrend run. We are getting super-close to $2 where we will be selling another 1% into profits.
RAY
Still no daily closures above its previous ATH $12.50. Once we get that, RAY will begin a significant uptrend in our opinion.
Disclaimer: Not financial advice nor any sort of recommendation.
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