Hi Inleo community.
Bitcoin:-
If we look at the crypto market at this time, we are not seeing much interesting things because at this time holidays are going on all over the world and everyone is enjoying the holidays and here we are also seeing less volume in the market at this time. Because people who are converting money to cash to enjoy the holidays, this trend will continue for two or four days until the new year starts.
He is 91 92 is at 92 thousand support and going up then 96 is going up to 97 so that's a good sign it's in consolidation phase now if it closes us above 98 which is candle for few days then it once again we will see a move towards our all-time high and if it closes below its candlesticks of 91, then it could see us moving up to 82,000 and 86,000. So reading candles every human needs ego without it we can never learn crypto I hope you will learn some new things from my post as I have eight years of experience in this field.
At this time if we talk about the RSI of Bitcoin on daily time frame then it has reached where Bitcoin was at 60 thousand then it is also making a double bottom at this time and those who are in this market. If they have been around for a long time, they will know that this sign can make the market blush, and next month Trump will be the ego in the White House and take charge of everything. So it will be good enough and we will see that this time bitcoin we see going to 1.5 million if there is more bullish news then it will go higher but it is better to always take profit from the market people who have 40 thousand they must make a 60 percent profit here.
Looking at the market story at this time, I would say that bitcoin should not be invested because it is currently overvalued, so after investing here, if its price doubles from here, then your money. If it doubles then it is better to think about Altcoin at this time because their prices are not so high now and will be more in the future so it is better to invest in Altcoin.
AltcoinSeason and Bitcoin Dominance:-
Right now everyone in the market is worried about whether the altcoins they currently hold may or may not increase in value in the near future because whenever Bitcoin consolidates, its volatility is high. So we see that the altcoin prices are going down and that's where gold is happening in the market right now, so people are worried. Took it matters a lot because last time exactly the same thing happened, just after Christmas, altcoin started losing money and Bitcoin's dominance started to fall down. It has moved above its support and it has also closed candles above one of its resistances, so in this we are seeing a slight increase in Bitcoin, dominance again.
As it starts to increase, so the prices of altcoins decrease. 54.76 What's next in the market we'll see a lot of altcoin growth when bitcoin dominance starts to drop down from here always in the bull market we should see big time frames all these consolidations and things like that for the short term. This keeps happening, which causes this small user to panic and sell off the market, so people who are currently buying and holding altcoins now have a good opportunity again, DCA.
Ethereum:-
This time we don't see ethereum performing well compared to bitcoin so people are worried but I would like to tell them one thing at this time if we see big investors who are buying ethereum and bitcoin we saw exactly the same thing happening before the price spike, so I will say right here that I see Ethereum in a pretty good position and in the next few months we will see it. 7000 will be seen and my target for this cycle is 7000 to 10000 and here I would like to say that people who bought it at 1300 or bought it at 800 Here you should sell 60% of your ethereum.
This is the only way to profit from the market. This is the white method. Otherwise, we will never be able to make a profit from this market. Speaking of support and resistance, this is also looking like a stick and here at this time we have a good chance that we can scalp here and we can definitely get some daily profit. Now we are seeing that the monthly closing is coming and the closing of the year is also coming, so these two to four days will be very special for the whole market and we will see a lot more of that utility,
So its support and support. Speaking of which, here we have seen that after 4100 it got rejection and it has come up to 3100 few days back so here I would like to say that if its If we get monthly closing above 3600 then this will be a bulge sign for it and we will see its price increasing again and if we talk about its support here then 3200 and half is a special support for it. It must not go down from here.
Hive:-
First you have to go and see my post from 10 days ago when it was 70 bucks I told people to buy it here it's over 30 cents buy it till it goes down Until then, it's the police and from here the price will go up and there were chances to go to 70 cents and the price has now again crossed one of its resistances from 45 cents to 47 and a half cents. It has resistance till now and from there the ego is starting to come back. What I share is my experience, so I tell you all these things.
Right now it's pumping and we hope that in the next two or three days it will give us candles from 46 to if above 50 cents. If it gives It will be the next bid for him to start bullish Sonrio and then he will see us going higher. It's in the eyes of investors right now and its next target is if it gives us candles above 50 and then a few days after that it gives us candles above 61 cents and 66 cents then it gives us 96 cents.
This thing will be seen to be gone. People have to see once again where the candles close. Candles should be seen by every human being. Only then can trading be done. I hope that You guys must have bought it on my call and you will be in a good profit right now so here again I would say take profit and once again if it goes down in few days then buy. All things should be dependent on candles at this time.
People who bought it last week should do some DCA in it because it is an index up to 80 and then it goes back up so this coin is also something to bring us. It will definitely be pumped up in days because its team is very strong. This was the first project of Metaverse which had developed a lot in the previous bull market and people liked it a lot, so this time also we are like this.
Just doing it So my targets for my bill cycle are $15 to $30, that's what I'm seeing going here, so if there's a purchase here, we all need seven to 10x. Get it and take profit, otherwise we will never be able to get profit from this market. Now talking about its resistance and support, 1.80 is a very good support, so buy here.
As soon as the market for gaming coins rises, here are their coins that we will see pumped up the most, and their remaining two coins at the moment are looking at their bottoms, one named A. XS and the name of the other one is SLB, so we can definitely invest in them here, then we will see all their coins going 7 to 10 X in the next six to eight months, so we all people.
That's a pretty good opportunity to buy now because if we're thinking that we're going to buy when it comes down, we're never going to be able to buy in the market like people thought that Bitcoin was here. They will come down and buy, so they are waiting till today.
Who is djbravo?
Djbravo real name is Asad-chughtai and i am from Pakistan. Asad-chughtai is an writer, blogger, crypto trader, and nature lover. My goal is to share these special places and natural sights with all of you.
Read my latest blogs.
https://ecency.com/hive-120586/@djbravo/ebfpygjcmy
https://ecency.com/hive-153850/@djbravo/a-15-year-friendship-ended
Posted Using InLeo Alpha