$USUAL is giving a breather to investors who bought it during its significant rise in the first weeks of its existence. Is it time to return to seek higher points?
Shall we take a quick look at the recent drops in $USUAL ?
In green: drop in recovery of the currency. USUAL is a recent currency, with less than 10 weeks of existence. It is expected that every recently launched asset will have a significant rise in the first few days, and then retreat to shape a new average price, since it is customary for buyers to sell at a significant high.
In cyan: drop caused by the recent drop in Bitcoin. Bitcoin directly and indirectly influences the price of other assets, after all, it is the most secure crypto we have today. It can indirectly influence by causing buyers of other assets to sell these assets to buy Bitcoin at a low, causing an even greater cascade effect.
In pink: normal behavior this week. We can see that it is already possible to see a reversal in the chart, going from a sequence of several red candles to a green hammer-type candle, which, for now, indicates a possible reversal and possibly a rise in the value of the asset.
What to do from now on?
It is still too early to say whether this reversal will continue to behave in this way throughout the week, until the beginning of next week on January 20th.
Speculators say that there is a possibility of a major movement in crypto assets precisely on the 20th.
Continuing as a suspect to talk about an asset that has everyone's hair standing on end, I believe that Friday of this week is the best possible time to buy at a low, or now, if you are willing to take greater risks.
Speculation about the possible sale of several billion in bitcoins seized by the US government. Concerns about the flow of US interest are also contributing to the loss of value of all coins on the network.
I listen to the critics, and that's why I try to explain what's going on. You have to differentiate between short-term and long-term investing. That's what the market is made of.
My investment calls are only, and simply, short-term. When I talk about short-term, you should look at the hour/minute I made the call, make your entry and act consciously.
All long-term investors in $USUAL are safe, they just need to understand that investing in crypto at a significant high is not the end of the world. Welcome to the crypto world, selling at a loss is not the best solution!
It's already proven that Bitcoin is the guiding currency for everyone who invests in crypto, and if there's one thing to be considered, it's that all currencies are linked to Bitcoin. A rise in Bitcoin means a rise in Ethereum, and the entire network benefits.
Back in 2019, they told me to buy Bitcoin at $3,800.00 and I did. Since then I have become a lazy person with lots of money so that I can write this and share it.
The rest is up to you, I don't insist on psychological support.
A lot of confusion with what I've been passing on about chart analysis here, from $USUAL ? I'm explaining everything in the red business in /watch?v=wpCjBkMfIZ4&lc
All my calls are short-term, that is, for those who basically want to get into day trading cryptos. While the market melts, I help you use recovery analysis to make profits!
You, investor who bought USUAL at the high, just wait, but before you think that you're already at a loss, see what I sent you to watch right above.
$USUAL is the key piece for success in a few years.
After hitting the low on December 18, $USUAL seems to be giving investors a break, reducing its 24-hour loss to 1.5%. Crypto is like that, days of glory, days of chaos.
For those who are conscious investors, buying at the low is the best bet. I'm going with USUAL again!
I confess that I made a mistake this time, but only in indicating the correct time. The chart does not lie and came to deliver the green candle above expectations at $1MBABYDOGE
Wait for the coin to touch or drop below the key point at 0.0026676 to initiate any buying action.
Criptonelson
·
--
$1MBABYDOGE touched its support point on the 4-hour chart, but indicates a possibility of market confusion. The forecast, according to the 15-minute chart, is that around 10:00 p.m. it will return to today's flow that made the currency rise from 26 to almost 29 cents! Stay tuned from 9:00 p.m. onwards, as a reversal may occur again between then and 10:00 p.m.
$1MBABYDOGE touched its support point on the 4-hour chart, but indicates a possibility of market confusion. The forecast, according to the 15-minute chart, is that around 10:00 p.m. it will return to today's flow that made the currency rise from 26 to almost 29 cents! Stay tuned from 9:00 p.m. onwards, as a reversal may occur again between then and 10:00 p.m.
Nothing to do for now, since for safety, I buy low when it touches some support point. $1MBABYDOGE is looking for support at 0.0026677, it may be a good bet for 22:00h
It seems that $SUI is not at all concerned about this comment. Unlike the other assets, such as the one in image 1, being $USUAL , $SUI continues in a weekly bullish flow, making its corrections and continually pointing its direction to the top. Which one would you enter?
Those who bought at this low and sold at the high, after many days of declines, made money! Pay attention to the calls correctly, in none of my posts did I indicate long-term buying.
Marcel Pallone cripto
·
--
Nelson Nelson, you must be kidding us by saying something like that.