as we see has been in range for like 4 years and now on this year has reached out of that rectangle. If you see deeply you gonna notice some years of this range the dominance got dumped like Sep/Nov- Dec and got recovered up fast. so I guess 2021 gonna be different we gonna have a bull rush at least to ATH and then maybe one more fake breakout and bullrush up to...
As you see I have marked different spots both for sells and buys. it's about how much risk you gonna take.
every movement near support and resistance lines has to be checked out, suddenly bears wanna change direction but if you are a mid-term or long-term trader have not to think about it.
I think under 4-5 it's undervalued. has nearly 134millions coins that every last of them has been released, it's very good. and the project is working about to get fast transferring with zero fees etc. I would choose this one as 5 % of my portfolio. my long-term target is nearly 25-30.
As my last analysis about REEF, REEF reached the 49 easy and gave us about 69% profit if you bought on 30. there are few analyzers that speak sure and safe. But every, once REEF wanted to fly, has been rejected by market reformation. but now has created many signs if don't crush with bitcoin correction.
I do not have read about the token but I just analyzed that from technical seem, can jump high again. if someone has time to read the whitepaper or good kinds of stuff can share it here and we buy it together. I have bought Hardbtc but my target is not too high.
as I have marked on my idea if breach down 53k we gonna roll down to 52 but after that, it's 51 waiting for us. if you see my rectangle after one breakout, it gonna go down sharp but, there is no reason for it and as I imagine, bitcoin gonna range max one day between 53-55,5 until one good break that shows the future bitcoin days. there is no reason for a fall so...
Ripple has proved himself to us. ripple has 4th place on the crypto market and has a market cap at 60B right now. half of the supplies have been released. if they gonna release more supply it gonna get the way to 4$ harder, I mean it gonna need more time. but otherwise, it's easy for ripple to break the ATH and up to 4$.
I feel the bearish market is nearly over. but until the next USA movement about the tax or whatever it can be a fallback again. as we see it's on a descending channel and is following it down until a good break. right now has good support on 47. If Biden or whoever came with bad news or whatever I think bitcoin price not going more than 39 down. try to but in...
I see the trend of the market ascendent for now, but as you see it breaks down from the channel so ganna falls forwards to Support lines. IF the market keeps growing up it's good for both BTC and alt traders. Holders have just to hold. bad and good fundas are important on these days.
it growing well now and have good support around 50-51k afterward is around 47-48k. I don't see any dangers but now it's all about the news. the worst that can happen once more is one sharp dive to 44k.
for now, I think this support line is very important for Doge. if breaks with a 30min candle downward so we have to wait to see what's next for it. otherwise, if reach the support line and got a pullback or it shows not gonna go any more down, there is the time to buy or long on futures.