Cardano bounced from 0.382 Fib level and grown to the resistance I marked as the main target for this swing move. This is a strong resistance that also match 0.5 Fib level. That means that chances for a pullback are high. If that won't happen and the price breakout higher such a strong resistance breakout should give a nice bullish impulse that should take the price up to $1.68. Still, I feel that the current price is bad for new entries so if you don't hold ADA better wait for the next swing down before buying. 


Bitcoin re-tested 49500 SR during the weekend which was well expected and bounced. Christmas weekend lacked volume but that is logical and ok. Now that we enter the last week of this year be ready for some action. Month VWAP range is between 46700 and 52500 so both sides can be easily touched. Since last week closed with bullish engulfing chances to see BTC at 53-57k within the next few weeks are very good. But remember that even candles closing bullish have lower wicks at the beginning of the move so we may see a short-term pullback to 49-50k too. The most important days for New Year will be Thursday-Friday.






MATIC reaches new highs! 


Polygon has been in a strong uptrend, although bears posed a stiff challenge at $2.70.  Are we going to $3 from here?





Some big-name cryptos saw a ton of trading volume this week! 



Tether was yet again the most traded cryptocurrency, seeing $412 billion in volume. Bitcoin and Ethereum also got a ton of attention, rounding out this week’s three most traded cryptocurrencies!


Crypto listed in order: US Dollar Tether, Bitcoin, Ethereum, Bitcoin Cash, Binance USD, USD Coin