Multi Format Thursday - Volume 13

NEW BITCOIN ALL-TIME HIGH

Welcome to Multi-Format Thursdays where we analyse the cryptocurrency market in both text & video formats.

Bitcoin

Ether

ETH has rallied perfectly from $3,200 towards $4,200 and rejected the resistance. We'll need to see a new daily highly closure before talking about price discovery - nonetheless it isn't too far away and we do expect it within the quarter.

DOT

$40 holding up as support for DOT which maintains the same target of $50 next - followed by price discovery.

SNX

No changes to SNX with interesting once again arising at one of the following conditions:

• $7.50 test
• $14.10 weekly reclaim

RUNE

No changes, interest at:

• $5.75 test
• $11.50 weekly reclaim

SOL

Great performance by SOL relative to the rest of the market which is setting it up for a test of $200. Things get heated and very bullish once again is the latter is broken, then the doors to $300 would be next.

SRM

Incredibly boring price action as we await a $8.50 reclaim and until that happens we're likely to see a test of $6.40.

MINA

$4.90 as resistance indicates that $3 is still next unless reclaimed.

FTT

Breakout from the [$50-$60] range which now sets the stage up for a run into price discovery once again wit a $100 target.

DYDX

For further upside, $21.50 must get reclaimed.