Bitcoin&Bitcoin Cash&Total 2 Analysis/13.02.22-Right perspective
**The posts on this page are not investment advice .I am not a financial advisor. Just sharing my thoughts.**
Hello everyone!
My motto is Keep things simple.
Follow the Trendlines, not the Headlines.
I will try to show you what I see.We will look at many altcoin analyzes.
Today,
*We will examine 3 charts.*
**Let's start with Bitcoin**
**Market Cap**
**801,802,184,785$**
**(**https://coinmarketcap.com/currencies/bitcoin/)
Currently Price
**42,298.000$**
Our purple zone works well, doesn't it? :)
But unfortunately, the expectation of the Fed statement and the tension between Russia and Ukraine scares the market.The market is very risky right now because of these reasons.Anyway let's examine the chart.Price continues to hold quite nicely in the purple support zone.If we want to rise, the price must pass the 44 levels as soon as possible.It is very important how the market will react after the Fed meeting that will be held the second US Federal Reserve meeting of the year will be held on March 15-16.
As I say every day, if the price goes down,39.000 strong resistance will be waiting for us.Let's watch and see.
**Next is Bitcoin Cash (We all love this don't we :)**
Market Cap
**6,236,245,265$**
**(**https://coinmarketcap.com/currencies/bitcoin-cash/)
Currently Price
**329.73$**
Please check my previous posts. I've been saying level 315 for days :)
Bitcoin cash seems to be waiting for an attack from bitcoin right now.Region 328 is important to us, we must continue above it.After that we can talk about 350 region but now we want 350.Moving average can act as resistance again.If I had to say briefly we are waiting for the gray zone now.
**Next is TOTAL 2**
*****What is Total 2 ?*****
****TOTAL**** shows the top 125 cryptocurrencies by total market cap.
TOTAL2 shows the total market capitalization of the 125 top cryptocurrencies excluding BTC. OTHERS shows the total market capitalization of the top 125 cryptocurrencies, excluding BTC and some other top cryptocurrencies..
**Please do not confuse these two.**
Our SUPPORT zone worked very well.You can see how well both the horizontal green zone and the bottom blue line work.We must quickly cross the orange resistance zone then the red resistance zone.We have to come to the "important" purple area.
Btw I'm thinking of increasing the analysis of altcoins day by day.
Those were my market comments today, thank you for reading.
See you again soon. I will be here after this.
**Respects.**
Bitcoin&Bitcoin Cash& Xtz(Tezos) 12.02.22-Right perspective
**The posts on this page are not investment advice .I am not a financial advisor. Just sharing my thoughts.**
Hello everyone!
My motto is Keep things simple.
Follow the Trendlines, not the Headlines.
I will try to show you what I see.We will look at many altcoin analyzes.
Today,
*We will examine 3 charts.*
**Let's start with Bitcoin**
**Market Cap**
**806,652,802,778 $**
https://coinmarketcap.com/currencies/bitcoin/
First of all, our orange support zone has turned into a resistance zone. Why?
America made statement about Ukraine and bitcoin continued to fall hard..As you know, there are Fed statements on February 16.This is very important.If bitcoin manages to stay above 39000 on these explanations, nothing can stop bitcoin :) but if we think badly,if the thing between ukraine and russia continues.And if the Fed makes a surprise announcement on interest rates... I don't want to talk about this right now :)
Anyway let's get back to our chart.41,400 our initial support points.Horizontal resistance and also the Fibonacci 0.5 level.If bad explanations come in, as I said 39000 will wait to defend us.Finally attention, 55 moving average can work as support.I will update the chart if there is anything extra in the coming days.
**Next is Bitcoin Cash (We all love this don't we :)**
Market Cap
**6,086,426,266$**
**(**https://coinmarketcap.com/currencies/bitcoin-cash/)
We are still above 315 support level.Actually not bad.Like i said if bad explanation come, 290-270 very strong support.They will want to keep this place.We don't need to panic for now.If we go below this zone we may need to talk about this again.If we go up, we need to cross the 350 zone with a strong candle.Let's see what is going to happen.Finally, I want to show you why the **290-270** support zone is so strong from a different perspective.
Do you understand now why this zone is so strong? :)
**Next is Xtz(Tezos)**
Market Cap
**3,610,033,741 $**
This friend has a hard time holding on to the support zone.If bitcoin drops a little more,3.8, the orange support zone, will be waiting for us.I deleted it so that the graph would not look confused, but the c at the a-b-c point is exactly at the fibonacci 705 level.(this is known as the nice turning point). Let's see if the price will want to go to the orange zone.
Btw I'm thinking of increasing the analysis of altcoins day by day.
Those were my market comments today, thank you for reading.
See you again soon. I will be here after this.
**Respects.**
Thank you so much to my newest sponsor @BCH_LOVER !! Thanks for the support and for your comments and help at every opportunity...
@Talecharm honored me today. Thank you very much for your great support.
I will not forget this...
Thank you so much @GarrethGrey07 for the support from you. I am so happy to see you on my sponsors block.You are my first sponsor and you will have a special place for me.I am grateful.
Bitcoin&Bitcoin Cash and Total 2 Analysis 10.02.22-Right perspective
**The posts on this page are not investment advice .I am not a financial advisor. Just sharing my thoughts.**
Hello everyone!
My motto is Keep things simple.
Follow the Trendlines, not the Headlines.
I will try to show you what I see.We will look at many altcoin analyzes.
Today,
*We will examine 3 charts.*
**Let's start with Bitcoin**
**Market Cap**
**855,448,181,467$**
**(**https://coinmarketcap.com/currencies/bitcoin/)
As you see bitcoin these days is very volatile.We managed to stay above the 43500 orange support zone but unexpected data from America today made bitcoin go down fast for a short time.We're quickly back at our red 45800 resistance level.This is the area where there are many sellers.They quickly brought the price down to 43200 and scared a lot of people.Then the price went up fasterWhales know their business very well :) price will try this zone again, if we don't pass, 43500 will be waiting for us. Let's see what will happen.
**Next is Bitcoin Cash (We all love this don't we :)**
**Market Cap is 6,559,445,878$**
**(**https://coinmarketcap.com/currencies/bitcoin-cash/)
let's get to Bitcoin Cash.We are in a critical area right now.If we pass this place with the support of bitcoin, we will have approved the third wave movement then if the price wants some rest, this time 355 will work as our support zone.If this place works, we will be open for the 5th wave.
**I want to show you from a slightly broader perspective so that your point of view may change.You will better understand why resistance zones are important.**
***TOTAL 2***
I want to tell you a little bit about Total 2. Total 2 is very important for us when analyzing altcoins.
***What is Total 2 ?***
TOTAL2 shows the total market capitalization of the 125 top cryptocurrencies excluding BTC. OTHERS shows the total market capitalization of the top 125 cryptocurrencies, excluding BTC and some other top cryptocurrencies.
Our green support zone you see here worked fine 2 times.I hope we pass the purple zone without the need for the 3rd. :)
Btw I'm thinking of increasing the analysis of altcoins day by day.
Those were my market comments today, thank you for reading.
See you again soon. I will be here after this.
**Respects.**
Xtz(Tezos)&Bitcoin Cash 09.02.22-Right perspective
**The posts on this page are not investment advice .I am not a financial advisor. Just sharing my thoughts.**
Hello everyone!
My motto is Keep things simple.
Follow the Trendlines, not the Headlines.
I will try to show you what I see.We will look at many altcoin analyzes.
Today,
*We will examine 2 charts.*
*XTZ(TEZOS)*
**Let's start with XTZ(TEZOS)**
Market Cap is **3,990,297,788$ (**https://coinmarketcap.com/currencies/tezos/markets/)
Let's look at the 4 hour chart,we are at 4.5 which is our resistance zone.The price went down after trying this zone 2 times.So for us this is an important resistance zone.We are in an ascending channel.**Where the price is now??** **the resistance point of the channel and our horizontal resistance zone are in the same place.What a coincidence :)**
If we can get past this, I expect it to rise to 5,300.While bitcoin dropped a little and the market was hit hard, xtz stood strong compared to most other coins.
**Next is Bitcoin Cash (We all love this don't we :)**
**Market Cap is 6,559,445,878$**
**(**https://coinmarketcap.com/currencies/bitcoin-cash/)
Let's take a look at the 4 hour chart now.If the price does not exceed 350 again, 328 close support first, if it passes there, strong 315 support will be waiting for us.If the price continues up without falling, we can see that the 4th wave is over and we are now in the 5th wave.
If you want to take a closer look at the chart, I leave it here for you.
If the price pulls back, I wait for it to come to 339, which is the fibonacci 0.382 first.Price tested there several times.
Don't forget ! Week end will be important.
Btw I'm thinking of increasing the analysis of altcoins day by day.
Those were my market comments today, thank you for reading.
See you again soon. I will be here after this.
**Respects.**
Bitcoin Cash-BTC-AAVE-Cardano Analysis 08.02.22-Right perspective
**The posts on this page are not investment advice .I am not a financial advisor. Just sharing my thoughts.**
Hello everyone!
My motto is Keep things simple.
Follow the Trendlines, not the Headlines.
I will try to show you what I see.We will look at many altcoin analyzes.
Today,
***We will examine 4 charts.***
**Bitcoin Cash**
**Bitcoin**
**AAVE**
**Cardano(ADA)**
**Let's start with Bitcoin Cash**
**Market Cap is 6,111,349,946$**
On the bitcoin cash chart I shared the other day, I mentioned that the 350 level is resistance.We are in that area right now.If bitcoin continues to rise as it did for a few days,We can wait for it to reach the 390 level, which is our other resistance area.if bitcoin wants to drop a little, 315 support will be waiting for us.
**Bitcoin**
After spending 2 days in the 41,300 region,continue to rise.It quickly passed the previously resistance 43.300-44.300 region but stuck in the strong resistance area of 45,560. As you can see in the graph, this is the region where it tried 6 times before.I'm waiting for profit sales from bitcoin here.Let's watch and see what happens..
**Let's continue with altcoins**
**AAVE**
**Market Cap is 2,550,609,299$.**
It is making good moves with the rise of Bitcoin.If bitcoin drops a little , I think aave will get a reaction from the supportzone (C).For Now we can say that it has bounced back from the resistance zone.When it starts to rise again, this time we will wait for it to pass here.
**Cardano (ADA)**
**Market Cap is 40,338,119,051$.**
This coin has a lot of investors.You can see this in many forums.Let's look at the chart.
1,250 resistance zone worked well.I'm waiting for a response from point c now(1.160).At the same time, moving average(55 I am using this) of will strengthen this level.After that we will fight to pass 1,250 again.I hope we win this time :)
Next zone of resistance (1.415), before it came here, **trend based fib extension (1.333)** They can take profits in the region of 0.618 and the price may go down a little.
Btw, for @Ling01's :)
I want to talk a little about myself.
I'm 29 years old,I live in the balkans.I got married 3 months ago.I met crypto one and a half years ago and pulled me in :) Since then, I have tried to improve and research myself on this subject every day.I have received many paid and free trainings.I sleep 6 hours a day when I open my eyes, I have to get in front of the computer and see what's going on :) I saw read.cash a few days ago, decided to share my work and ideas here and started.None of them are investment advice and just my opinions :) I hope to see you often guys, have a good day everyone.
Btw I'm thinking of increasing the analysis of altcoins day by day.
Those were my market comments today, thank you for reading.
See you again soon. I will be here after this.
**Respects.**
XRP&CRV Analysis 07.02.22-Right perspective
**The posts on this page are not investment advice .I am not a financial advisor. Just sharing my thoughts.**
Hello everyone!
My motto is Keep things simple.
Follow the Trendlines, not the Headlines.
I will try to show you what I see.We will look at many altcoin analyzes.
Today,
**Let's start with XRP (Ripple)**
Let's look at the 4 hour chart,we are at 0.75-0.76 which is our resistance zone.Price dropped from here.So for us this is an important resistance zone.As you can see after 2 good candles here the price has stopped.It can linger here a bit.But if bitcoin continues to rise like this, I expect our journey to 0.80 to accelerate.If passed there strong 0.8650 resistance zone will be waiting for us.
Let's take a closer look at what might happen in the near future.
CRV (Curve DAO Token)
If bitcoin pulls back a bit, and after that it continues to rise The xrp.0.80 resistance zone and the Trend Based Fib Extension 0.705 are coming to the same place and I can expect a move towards there, showing the same zone for pause.
**Next is CRV ( Curve)**
Market Cap is 1.546.952.034 $. Not bad..It's a defi project and I think the defi projects will go up nicely this year.Let's talk about the chart.
Examining the 4-hour chart, we see that we are currently in the exactly 3,570 resistance zone.We can get some reaction from here It's okey.As long as bitcoin stays strong like this, I expect good attacks from Crv.If we can get past the purple resistance fast, I can say that we can easily go up to 4.1. But At 3.8 people can take profit and make that price spend some time at those levels.If bitcoin drops a little, Our 3,250 support zones will defend us.
**On the left side of the graph you can see how they defended it, that's exactly what I trust :)**
If you want to take a closer look at the chart, I leave it here for you.
Btw I'm thinking of increasing the analysis of altcoins day by day.
Those were my market comments today, thank you for reading.
See you again soon. I will be here after this.
**Respects.**
Ethereum & Bitcoin Cash Analysis 06.02.22-Right perspective
**The posts on this page are not investment advice .I am not a financial advisor. Just sharing my thoughts.**
Hello everyone!
My motto is Keep things simple.
Follow the Trendlines, not the Headlines.
I will try to show you what I see.We will look at many altcoin analyzes.
Today,
***Let's start with Ethereum and Bitcoin Cash.***
When we examine the 4-hour chart,we see that we are in the resistance zone right now.We are at the intersection of the blue line from above and the red horizontal resistance zone.If we don't get past this soon, the first place we'll go is the 2800 support zone.
If we cross the region we are currently in(3000), I expect the horizontal purple region (going to where the previous drop started).If we pass there, the strong 3400 resistance will be waiting for us.Let's watch and see :)
**Next is Bitcoin Cash**
We examine the bitcoin cash 4-hour chart.Gördüğünüz gibi 300 direnç bölgesini güzel bir şekilde kırmayı başardık.300 now our support zone.**(S/R flip :)** )
we have now managed to break above the blue striped resistance from above, unless we go back into the blue from here the price will want to push itself up.We can get a response from here.
You can see that, they tried to keep the price at the previous 345 point, but they did not allow it and managed to bring the price much lower, this time we must come strong and manage to break it. Let's watch and see :)
Btw I'm thinking of increasing the analysis of altcoins day by day.
Those were my market comments today, thank you for reading.
See you again soon. I will be here after this.
**Respects.**
Bitcoin Cash Analysis 05.02.22-Right perspective
**The posts on this page are not investment advice .I am not a financial advisor. Just sharing my thoughts.**
Hello everyone!
My motto is Keep things simple.
Follow the Trendlines, not the Headlines.
I will try to show you what I see.We will look at many altcoin analyzes.
Today,
Let's start with Bitcoin Cash.
We arrived at our first destination :) 315.
If we cross the descending blue line and the red resistance zone,our first target is 350!
I want to show you my article that I shared 2 days ago.
you can see it here
https://read.cash/@CryptoEd0/bitcoin-cash-analysis-right-perspective-5ba3711f
:)
I told you in my last post that the green area is a strong support zone.Worked perfectly.
See you again soon.I will be here after this.
Respects.
Bitcoin Analysis 04.02.22-Right perspective
**The posts on this page are not investment advice .I am not a financial advisor. Just sharing my thoughts.**
Hello everyone!
My motto is Keep things simple.
Follow the Trendlines, not the Headlines.
I will try to show you what I see.We will look at many altcoin analyzes.
Today,
Let's start with Bitcoin.
Not bad ? :)
Bitcoin made a nice rise today moved and over the green zone.If it closes above this zone today, the first place i wait is the red zone.Where the blue line and the red region intersect ( 41.300) the resistance zone we must cross next.
I will be here everyday.
See you soon.
Respects.
Bitcoin Analysis-Right perspective
**The posts on this page are not investment advice .I am not a financial advisor. Just sharing my thoughts.**
Hello everyone!
My motto is Keep things simple.
Follow the Trendlines, not the Headlines.
I will try to show you what I see.We will look at many altcoin analyzes.
Today,
Let's start with Bitcoin.
We have to break the blue resistance to rise!
With the close under 36.750, the first support it will target is 35.500.
I will be here everyday.
See you soon.
Respects.
Bitcoin Cash Analysis-Right perspective
**The posts on this page are not investment advice .I am not a financial advisor. Just sharing my thoughts.**
Hello everyone!
02.02.2022 I chose today to start.
My motto is Keep things simple.
Follow the Trendlines, not the Headlines.
I will try to show you what I see.We will look at many altcoin analyzes.
Today,
Let's start with Bitcoin Cash.
You can see that bitcoin cash is at the support level like it was a long time ago.
I just want to say that we are in the strong support zone right now.
The first point we have to overcome, Blue resistance. Next zones will be stronger but first we must beat the blue.
Looking at the rsi! We are under 30.
The price has dropped enough.I think we will come back from here, it can only be painful.When our hope is broken, the rise will begin.Don't forget this.
On the chart, we see that we are still at point 'C' in the short term.
See you again soon.I will be here after this.
Respects.
@CryptoEd0
