Here is a simple chart HODL/Longterm traders can use to find the best buying zones. Hopefully you can use this to help you find the best buying opportunities possible.
Thanks for your analysis. So, you haven't re entry yet, have you? What's the range you plan to re entry to?
Popwwe123
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@ingenierom83, So because of the fact i sold everything around 58k i am in a good spot to re-enter. So the thing for me is now that everyone is in fear and the market crashed harder than expected due to increased FUD, to me buying in now such has strong Alt coins would actually be a good move in my opinion. Do you really think banks and institutions would really not touch the market at these prices, Even some data has come out that some whales who sold at 58k rebought the dip at around 33k. Again the market is in a very critical stage RN so i understand all the fear but again the Fundamentals have not changed one bit.
mahatango747
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@Popwwe123, What fundamentals are most critical to you? Inflation, Federal Reserve?
Popwwe123
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@mahatango747, So if the DXY continues to go on a downtrend, Cryptocurrency is general will have more buying pressure overall and will have more buyers and money getting flowed into the market. Another thing that makes me bullish whatever the Federal Reserve said's something do the opposite and you will make gains, So when the Federal reserve talked about cryptocurrency is a negative way while also saying expect the stock market to underperform thats a buying signal to buy in now. And if your new to crypto this is the best time to buy if your willing to hold longterm and i consider this near the bottom or bottom because of the fact the whales bought the dip and some good FUD is already coming out about Cryptocurrency
Popwwe123
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Just to let you know i bought into DASH a Alt coin that dropped from 600$ all the way to 150$ because to me i believe in the project and i value it has being very very very undervalued.@ingenierom83,
mahatango747
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@Popwwe123, Any other Alts that interest you besides DASH?
Popwwe123
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@mahatango747, To keep it simple, ADA, Vechain, Link, and ICP.... To me those are other solid projects that will be huge this bull cycle while ICP is just interesting and may be a stronger investment if your thinking long long term. Lisk is also considered a hidden Gem IMO and most likely will not move much during this bull cycle but next bull cycle Lisk will most likely be a top 10 Cryptocurrency...
ingenierom83
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Thank you @Popwwe123 for taking your valuable time to respond. And let me tell you. I'm following you because it was actually amazing the way you saw this crash coming. I saw your previous analysis. I mean, it was on the sight that this was coming, but you detailed with a lot of precision and it did happen the way you told us.
Thanks again
Popwwe123
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@ingenierom83, No problem i will be trying to post daily ideas everyday for my followers glad that i can help out... 😊😊😊
mahatango747
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Do you see BTC hitting the BEST buying zone in the near future before a blow off top?