ADA is currently going through a mix of consolidation and accumulation for the next move.

By default, this shape of the accumulation is bullish but I like to wait for the move to happen and then wait for the test to enter.

With all the projects that are coming around this coin, we can't be bearish.

This could be the sign we were waiting for.

Waiting for this daily to close if it doesn't close above yesterday's daily opening, we got a bearish setup on Bitcoin that targets the previous low of $29 500.

XRP/USD is following our forecast and now with this close below the chart pattern, we have everything ready for selloff continuation.

Bitcoin is still bearish and targets $30k

1k drop just like that

The entire process of this drop was posted here on this channel.

All the way from consolidation level to forming this pattern to initial break of the pattern and lastly this drop we are currently in.

XRP/USD is going in the expected direction and one more amazing forecast in our Free channel 😘

Sell off continues towards our targets at $31200 and $29500.

Bitcoin reached the first target in this correction.

Our forecast is still looking amazing, everything has been reached as we said so far.

Bitcoin reached the first target but didn't go for a second one.

At this moment, I'm not bearish nor bullish on Bitcoin.

I do expect to see an attempt towards $40k but that's not the beginning of the next part of the bull cycle but just a continuation of consolidation in this area between $30k and $40k.

MATIC Technical Analysis

I got a lot of questions about this coin so here's my opinion.

This coin made an amazing performance in the first half of 2021 but it doesn't mean you should buy just because of that hoping that hopium will continue.

On the chart is marked safe entry zone.

It will be reached sooner or later.

Fundamentally Matic is very strong but the hype is what made this coin go parabolic and hype ends sooner or later and then bag holders start worrying and dumping their bags.

That's the moment when drops will happen and reach this area.

Be patient.

This is our forecast for the next few dаys.

Understand that this range will continue and we'll be in the ranging market for some time until we establish a new trend.

Update on ADA/USD

We're still in a bullish trend but in case we get daily close below $1.3, we'll get first lower low for months and that could spаrk the continuation of that drop.

Paul Tudor said Bitcoin is good for portfolio diversification. He want 5% in Gold, Bitcoin, Cash and commodities each. This is a good sign.

MicroStrategy completed the $500 million raise to buy Bitcoin. We will see an official announcement from MicroStrategy about how much BTC they aquired using these funds in coming days.

MicroStrategy looking to raise another $1 Billion by selling stocks to buy Bitcoin. MicroStrategy recently successfully raised $500 Million in bond notes to buy BTC. With $1.5 Billion, MicroStrategy can buy approx 37,000 BTC at average rate of $40,000.

Cardano (ADA) is currently in the safe zone even though it hit the resistance.

We're not expecting some big moves next 2-3 days.

The sideways market continues...

What a forecast!

Show me who is doing these things better than we do 😘