CryptoAnalysis
@iCryptoAnalysis
A source of creative and unbiased analysis of cryptocurrencies and blockchain. We're not financial advisors.
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John McAfee - Anti-virus creator and Cryptocurrency pioneer found dead in a prison cell in Spain. Rest in peace, John. @officialmcafee #BTC
TA Tips: Bollinger bands is a volatility indicator. When the bands pinch together, it means that we're in a period of very little volatility. It indicates that we're in a long period of consolidation and a big move is about to happen in either direction.
#silver is extremely undervalued and oversold right now. Historically silver tends to dip in July. If the price drops under $26/oz around July, you could put your money to work for you while crypto like #BTC is consolidating and unstable.
TA tips: Moving averages record the average closing price for the past number of days they’re assigned to. The most common ones that are used are 20MA, 50MA and 200 MA. Practice your moving averages until you become an expert.
Investing in ALT coins is always a risk, but there's some pretty solid projects out there such as #MATIC (now known as Polygon). It's a gem and it would be in everyone's advantage to hold a bag.
#BTC could be having a double bottom, so watch for it. Could go either way really.
Every Alt coins are down. If you didn't get it before, now you will understand $BTC dominance. Perfect textbook example. Bitcoin is down, everything else is down. Why ? Because #BTC is KING of the jungle, and there is only one.
Learning technical analysis could be life changing. The best time to learn it is now. Start with the fundamentals, master each one of them and start practicing, whether in the forex or the crypto market. However, unlike forex, crypto is open 24/7.
#CAKE has now reached the estimated $10/USD per $CAKE. The market is currently highly volatile and it might be safer to hold on a little bit before getting into any new trades. Things are still slightly uncertain at the moment. #BTC
All crypto is on sale, what a good time to be alive. In 5 years from now, most people will wish they bought the dip in 2021. #BTC #ETH #ADA #LTC #BNB #DOGE #XRP
If I had to chose to buy only one cryptocurrency, I would chose $BTC (Bitcoin). I love many Alt coins, but reality is that #BTC is King. Which is why every investors should hold at least 10% of their total portfolio (crypto & non-crpto) in bitcoins.
$HYVE (Hyve) is now available on KuCoin. Very interesting project involving the freelance and workforce market. They also have a solid team working on it.
"Be fearful when others are greedy, and greedy when others are fearful." - Warren Buffet. In other words, buy the dip.
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