Take the $ASTER chart on the daily timeframe, draw a line from the most recent ATH area, and monitor it. I think waiting is not a wrong choice at all.
X mucaN
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when $ASTER was trending and trading at $2.3 I bought some Aster with about $5,800 and now i am down badly, i have no plans on selling but i feel i should have waited for the hype and trend to go down.
Take a look at these meme coins
• $WIF down -91% • $MOODENG down -88% • $GIGA down -94% • $PNUT down -96% • $Chillguy down -98% • $Zerebro down -96% • $GOAT down -97% • POPCAT down -95% • $MICHI down -99%
All these were meme coins that once had a billion dollar market cap and some over $600M market cap and here we are today, if you invested a $100K into some of these meme coins by now you will be having about $10,000
Like we always say, do everything possible to protect your Capital in this space, don’t chase quick profits and avoid buying coins( meme coins and Altcoins) that are currently trending.
First of all, I want to say that I couldn’t take advantage of the upward move I had drawn on the chart.
Now, $ZEC has made a very nice rally against the market, and no one was expecting this because of the movements in the rest of the market. For this reason, I unfortunately avoided taking long positions on $ZEC
The price has formed a nice ascending channel and is currently approaching the resistance of this channel, which is also the mid-range level. On a pullback, I would like to take a new long position around the $480 level.
MicroStrategy continues to buy $BTC regularly and has reached a level where it can be considered the largest institutional asset holder.
I don’t think it’s right for $BTC to end up so heavily in the hands of institutional companies.
As long as they hold such large amounts, they will always be the biggest manipulators, and the market will continue to move at their whim. As $BTC drifts away from the community, is it turning into a toy for the wealthy?
The HYPE trade is currently progressing profitably, and a sharp drop tonight would be very good.
Additionally, the project announced today that there will be a new token unlock in mid-January, and of course this move should create selling pressure on the price.
huseynmdv
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$HYPE has formed a nice sideways movement in the area. There isn’t much open liquidity in the lower region; it has mostly been cleared with minor moves, but some open areas still remain.
$HYPE In my view, the price is forming a good structure for shorting. If the movement occurs as I described and gets confirmed, I plan to trade down to the range low.
$HYPE has formed a nice sideways movement in the area. There isn’t much open liquidity in the lower region; it has mostly been cleared with minor moves, but some open areas still remain.
$HYPE In my view, the price is forming a good structure for shorting. If the movement occurs as I described and gets confirmed, I plan to trade down to the range low.
On the $BTC side, the boring price structure is still ongoing, and for those who don’t actively scalp trade, taking positions in these areas is almost impossible.
The box could not be broken with strong volume, and price pulled back from that area. During yesterday’s upward move, price once again faced selling pressure from the same level and moved lower.
As long as this box is not broken, I currently have no trade idea for $BTC In the long term, the price is still in a cheap zone, but without confirmation, it doesn’t mean much.
I had already stated my expectation for $DOGE (the move shown in a faded color), but the price made a new upward breakout before reaching the lower zone.
Therefore, I’m also sharing my second plan.
$DOGE If the price follows the movement I drew with the green zigzag line, I’m considering entering new trades from the correction zone.
The biggest mistake here was already on the team’s side. Yes, the market performed poorly, but they caught strong hype in the same period as $XRP and went up; afterward, $ADA experienced a very sharp decline.
Especulador financeiro
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Отговор на @Huseyn Mammadov
ada não atrai mais usuários, não atrai investidores de grande porte, é uma moeda sem novidades sem inovação, competindo contra sol eth e outras bem mais chamativas
$ADA is probably one of the most underperforming coins by now. Honestly, I didn’t expect it to fall this far, and even its main investors no longer expect much.
The main reason for this is that there has been almost no innovation from the team. That’s why it’s extremely important to pay extra attention to the team when making investments.
At the moment, the long-term outlook for the altcoin market is not very negative.
$BTC The reason is the ETH/BTC chart you see on the graph. Yes, this may not be reflected in the current short-term view, but we can clearly see that the chart is in a zone where it can start gaining volume.
$ETH For this reason, I am continuing my spot buys gradually. Since these amounts are small and won’t affect me in case of a possible drop, I don’t need to manage them in a stressful way.
Last month was one of the worst months in ETF history for $BTC and $ETH
We already saw and understood the impact of this process on price, and it became clear that ETFs are very, very important for a bullish price movement.
Therefore, before anything else, what we need to see is an increase in global volumes that is, rising demand for $BTC from U.S. institutional investors.
Today, the Base app sent everyone a $15 $USDC reward, and there was no requirement to make any investment for it. I believe we can earn even more rewards in the coming period.
If you need further help, you can ask me on Telegram t.me/huseynmdv
Even though $BTC has dropped by as much as 30%, it is currently the world’s 8th most valuable asset. Even this visible data alone shows that, at this stage, the most correct long-term investment appears to be only $BTC
Yes, there are many altcoins and plenty of options, but which one can withstand a truly long-term cycle?
This is exactly what sets $BTC apart from the rest. Its long-term and reliable nature also paves the way for adoption by governments.
$XRP is perhaps one of the top 3 most potentially promising projects in crypto, but both legal issues and global obstacles have always tried to hold it back.
Despite this, $XRP is currently at a very good price level. For a short-term move, it now needs to break above the $1.90 level.
Global markets broke record after record this year, and investors who focused on the U.S. stock market had a very productive year.
So why is the situation different in crypto? As institutional interest has declined recently, ETF volumes have also dropped significantly in proportion. Institutional buying, and especially the U.S. legal process supporting $BTC are very important for a sustainable rise.
#bitcoin The first manipulation of the new week has arrived, and now the real move is starting. Prices have swept the liquidity below Monday’s low, and the next target must be the higher liquidity levels.
An increase in buying on the $BTC side and positive statements on the global front would be very beneficial for this target to be reached earlier.
$ETH has broken market structure right now, but the latest move is still not happening with volume, and the price is unable to leave an FVG on the coins, so we need to be cautious.
It should not be forgotten that large, high-volume moves are Market Maker moves, and the real move only starts when they want it to.