Disclaimer: This is a Newbie analyses with no past Experience!
Don't get me wrong, I love everything about Crypto and appreciate being alive to witness this astonishing technology.
Some people have made fortunes, others lost fortunes and salute to those STILL HODLING. 2020-2021 was INSANE, everything was hitting the roof, people invested pennies and got rich. But...
Disclaimer: This is a Newbie analyses with no past Experience!
Few Points Supporting a BEARISH scenario for Bitcoin and the rest of coins:
-The Chart above shows the total Cryptocurrency market cap, which hints to a similar crash of 2018 being repeated (Green Rectangle /Red Rectangle ).
-Recession, which it has started already (low GDP growth, High interest...
Disclaimer: This is a Newbie analyses with no past Experience!
Few Points Supporting a BEARISH scenario for Bitcoin and the rest of coins:
-The Chart above shows the total Cryptocurrency market cap, which hints to a similar crash of 2018 being repeated (Green Rectangle/Red Rectangle).
-Recession, which it has started already (low GDP growth, High interest rates,...
Disclaimer: This is a Newbie analyses with no past Experience! so please Take it Easy
Axie infinity technically looking neutral at the moment. At least, until early/mid May.
The 4hr Candlestick chart suggests the same pattern could be repeated with a fake high in few days maybe, then early/mid May we breakout bullish probably UNLESS the 45 support level is...
Disclaimer: This is a Newbie analyses with no past Experience! so please Take it Easy
Sandbox has fallen since march to reach important support level. However, end of this month could be bullish due to several factors
1- SAND fell to the important level of support 2.67, then bounced back up strongly.
2- The RSI indicator showing SAND has been oversold by reaching...
Disclaimer: This is a Newbie analyses with no past Experience! so please Take it Easy
The candles have almost formed a bearish head and shoulder pattern suggesting a bearish rally to 2.65 strong support level.
This is not a financial advise!
Please comment your ideas about the analyses as I am new and want to learn from your experience and knowledge.
Appreciate...
Disclaimer: This is a Newbie analyses with no past Experience! so please Take it Easy
The candles have almost formed a bearish Raising Wedge Pattern during the last three months, hence similar to last years (2021) MARCH-APRIL-MAY period we might fall to 31000-32000 support level.
Breaking the 37500-37000 level could be a confirmation of the down trend.
This is...
Disclaimer: This is a Newbie analyses with no past Experience! so please Take it Easy
The candles have almost formed The Cup and Handle pattern which is a bullish continuation pattern.
This is not a financial advise!
Please comment your ideas about the analyses as I am new and want to learn from your experience and knowledge.
Appreciate your constructive comment...
