Chill Out and Trade.
Yes, i know it seems easy to say just Chill out... But...
WHAT ABOUT MY INVESTMENTS? My Friend told me that invest my money and i will earn more!!!!
This is something that very often happens when people enter to a new market without knowing more than the "Neighbor" has mentioned about it. Allow me to share with you my opinion, i believe that the "Markets pump" has ended, now we are living the reality, now we are investing in real projects and technology that could change the world, we have to be patience because something that could change the world is not allways easy to assimilate for the people something like this it must take time and this is not bad, if you are in this market you must know that many countries are researching and assimilating the blockchain technology and this is something very good for the market... Of course, i beleive that not all the criptocurrencys will be good, but something its for sure
Only the great proyects will survive for long
Bitcoin, está sufriendo? o tomando fuerza para el objetivo de 10.000 usd?
Must of the traders and analysts on Bitcoin are expecting a rise of the price between 9,500 to 10,200 Usd as a next target. If we see the market structure we can see why they are expecting that, but still we are under a bear trend, so we have to be carerull about it.
In the mid term, the price seems to "consolidate" around the last minimum, this could be something good if the price reach strongly the price of 7,500 Usd and stay above it. If the price does not sustain above 7,200 Usd with a strong movement, the price could continue fall trying to reach teh price to 6,800 Usd.
Key Lvls
RS1 : 7,147 Usd
RS2: 7,527 Usd
SP1: 6,900 Usd
SP2: 6,722 Usd
DASH, between suffering and mass adoption.
Dash seems to be hit hard cause of the lower capitalization of the market, since the last "Maximum" price back in 19/07/2018 the price it's been "depreciating" almost 32%, decreasing since 297 Usd to 204 Usd at the momment of the writhing of this analisis.
For the midterm, the price must climb hard above the 215 Usd, this could mean tha the price will reach de price of 225 USD, but if the price continue to fall and break the 200 Support, we can expect that the price will rach the 180 Usd support.
Key lvls.
RS1: 215 Usd
RS2: 225 Usd
SP1: 200 Usd
SP2: 196 Usd
Have a great day!!!
Thank you.
Saul Q.