Bitcoin and Altcoins, where will we buy? The best place to buy!
Over the past two days, the cryptocurrency market has seen $1.5 billion in liquidations.
During this time, bitcoin corrected by more than 15%, while altcoins corrected by 20-40% at all.
Now it is hard to say: will this volume stop the price, is this the end of the correction or will the price continue its decline. We are still without any positions starting from 56K. And we continue to wait for signals from our trading indicators.
In this idea we want to highlight one of the possible scenarios and show the fundamental value zone where the best place to buy bitcoin and altcoins is.
The highlighted cloud below is the fundamental value zone. Historically, this has been the best time to buy. Right now this zone is in the $24,000 to $18,000 range.
That doesn't mean that the price will fall to those levels tomorrow or that bitcoin can't fall even lower. You can use that in your trading. Write + in the comments and we will give you 1 month free access to this indicator.
💚 Please like and subscribe to us to get more ideas like this.
During this time, bitcoin corrected by more than 15%, while altcoins corrected by 20-40% at all.
Now it is hard to say: will this volume stop the price, is this the end of the correction or will the price continue its decline. We are still without any positions starting from 56K. And we continue to wait for signals from our trading indicators.
In this idea we want to highlight one of the possible scenarios and show the fundamental value zone where the best place to buy bitcoin and altcoins is.
The highlighted cloud below is the fundamental value zone. Historically, this has been the best time to buy. Right now this zone is in the $24,000 to $18,000 range.
That doesn't mean that the price will fall to those levels tomorrow or that bitcoin can't fall even lower. You can use that in your trading. Write + in the comments and we will give you 1 month free access to this indicator.
💚 Please like and subscribe to us to get more ideas like this.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.