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Market Analysis

Members Breakdown - 15 July 2021

Updated: Jul 25, 2024
Published: Jul 16, 2021
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BTC

Bitcoin's price is still in this extremely boring range that we can't wait to see a breakout out of. $30,000 is support. A breakout will be imminent, but the road there is bumpy.

ETH

Great reaction off of the $1,950 level of support which is now being tested once again. On a key levels basis, the next level is $2,150, and these are trades with good R:R - it remains choppy ground, though and hence oversizing is a bad idea.

DOT

DOT is still under the $15 level of support, and as long as that's the case, we'll remain hedged here.

SNX

SNX broke the $11 liquidity area, and hence the next level would be $7.50 unless the former is reclaimed.

RUNE

RUNE is under the $5.75 level of support which makes the next key level at $4.

SOL

SOL has reacted well off of the $28.50 level of support. Clockwork.

SRM

No changes. Death zone unless $3.79 is reclaimed.

FTT

FTT is still in mid-air between two key levels, with $25 as support and $35 as the target.
Disclaimer: NOT FINANCIAL NOR INVESTMENT ADVICE. Only you are responsible for any capital-related decisions you make and only you are accountable for the results.

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