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Not sure if it'll have any price or that sort of thing. But I did accumulate some TWT back in the day and it now has a price, so it's not a good idea to overlook these sorts of things.

Now let's get into the analysis!

BTC

We had a pretty choppy day with BTC, except for a mini dump to touch the 200EMA before bouncing up.

Structure wise, BTC is range bound. There's no clear winning side (ie bull or bear), but hopefully there will be soon.

No huge movements today, seeing as it's the start of the weekend and most whales are probably partying.

That said, there were a few tether prints that went ignored, and it's important we watch those.

Equally, BTC has been correlated with legacy markets, most especially US stocks and gold. Watching those as well could give a glimpse of what may be to come for BTC.

Seeing as legacy markets are closed right now, it's only natural for BTC to have no clear direction coming into the weekend.

However, there are usually small scam pumps that I wish to take advantage of personally. Therefore, I longed a little BTC at 10860 to ride the scam pump. Not a big position or anything.

ETH

Ethereum is to Bitcoin as bitcoin is to stocks. In other words, Ethereum is correlated with bitcoin.

Ethereum fell to the moving average cluster below which helped it stay afloat, however there is resistance above, which was my major reason for not longing at the cluster.

I feel we see one more rejection at that level before a big move up.

However, I may be wrong, seeing as the Ethereum network is getting congested going into the weekend. This usually causes price to scam pump as well.

No position on ETH yet. Just watching .

BAT

BAT was going to follow the squiggly line to the Tee, until Bitcoin came in and ruined the fun.

Anyone who followed this analysis would have gotten a free 10% with 10x leverage, which is pretty swell considering current market conditions.

I'm not currently considering any positions in BAT, given the current state of the market. Altcoins shouldn't be on your radar right now.

That said, a lot of you asked me about the BAT replacements I mentioned in today's post. I will create a separate post for that later today, so do not fret!

BNB

BNB burnt us in the first issue of this week's analysis, however there is a shot at redemption currently.

BNB is trading within demand as we speak, and I am long BNB currently.

BNB to me is one of those coins you don't dare bet against, simply because of the backing it has.

It powers one of the largest, if not the largest crypto exchanges in the world. It's also locked up currently and being staked to farm tokens. 

Everyone wants to farm BEL and WING, so more than 5% of BNB's total supply is locked up.

Long and strong on this one.

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