Another Buying Opportunity

in #crypto5 months ago

Hey my friends. Crypto just had a correction.

Hive

Hive is currently trading at $0.3410 on binance.

We probably gonna see some recovery in the next day or so. Buying some today wouldn’t be a bad idea! Let’s see how well this post ages.

Below, on the weekly chart, we can see MACD is indicating a downtrend, and RSI just crossed EMA downwards. I believe HIVE can touch $0.3280 in the next weeks.

ZEC

ZEC reached a minimum of $28.49 and now trades at $29 on binance.
The weekly chart is looking promising ! Take a look:

The 9 MA on the weekly is going upwards. After a long, long time falling down.

Of course there will be some ups and downs, but it looks we are seeing some reaction from the medium average. We have even touched the 50 MA for the first time. Some price consolidation is probably happening.

Bitcoin

Not bad at all ! I was expecting to see this correction since Bitcoin jumped too hard in recent weeks. 8, to be precise.

We are just beginning week 2 of the correction.
I am expecting at least 2 more weeks of blood until we start to feel greedy again.

Despite of the dump, I do not believe HIVE will drop below $0.30, but if it happens, I will be there to buy some more.

This was another great post by:

@xmauron3

The Future is Awesome

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Nice signal.. i must thinking to buy some coins

Thank you! DCA is always the best option

Really nice watching of the market. I am definitely not that involved these days.

Great outlook! And it sounds like you are right from what the charts say.

Thank you very much ! I am expecting bitcoin to drop even with the etf approvals. Crypto has mysterious ways to grow haha cheers !

Yeah the entire market is controlled and rigged!

However yes with the recent inflation Bitcoin hasn't went up it's just that the dollar has went down!

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