Members Breakdown - 29 July 2021

BTC

Bitcoin's movement over the last few days is nothing short of monumental. However, we must state and be aware that Bitcoin remains right at resistance at this price (i.e. under $40,000). There is still a chance that BTC retraces towards $35,000, which only gets invalidated by a daily closure above the resistance.

ETH

The entire market is dependent on BTC and where it moves next relative to this resistance. From a technical perspective, purely based on ETH, it remains en route towards $2,500. Double Bottom Update: We have not yet seen a daily candle closure above $2,350. Once the latter occurs, the double-bottom activates.

DOT

DOT is yet to reclaim $15. This depends on BTC; if it crosses resistance, then so will DOT.

SNX

Wish we could be giving a new update, but nothing has happened, and SNX remains in mid-air between two critical levels.

RUNE

Hacks and attacks reduce the price down into desirable, attractive prices, which we have seen here. Price now is back at the $5.85 level of resistance.

SOL

Also, no changes regarding SOL as the price is being very indecisive on the next move. It will need a good voluminous move in either way to show where the next direction will be.

SRM

For the love of God... $3.79...

FTT

Almost at the $35 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.