Hello everyone, it's me again. Today is the day I return to my writing work with many things bothering me so I can't write fully. I'm sorry everyone. Return to technical analysis of coins.
First we come to btc as you can see the price of btc is still at 57000. In the figure, btc, after failing to break through the resistance, turned around and fell sharply because the buying power was gone.
BTC had a sharp drop from 62,000 to 57,000, causing many other coins to drop sharply. Most coins have split 5 and 7 compared to the peak, which is not good at all. I had some comments before but I did not sell my coins and did not add more coins at the time before.
So have you entered yet? My answer is no. Currently, we need to know that BTC has 2 support levels, 55,500 and 56,500, and we need to have a few daily candles that close firmly so we can buy more.
As for hive, we have lost 50% compared to the price range of 0.33, which is not good at all. This makes everyone scared and not knowing what to do at this time, including me too hehe.
There is no certainty that hive during the uptrend season can rise to x10 or maybe x5 but it is very likely that it will return to the price range of 0.3. I will buy a little more next time.
The coin that I'm paying attention to is arkm, it's also at a pretty low price, which is 1 dollar, which is pretty great for a technology coin, it's really quite good at this price.
Arkham is one of the on-chain data tracking and analysis platforms. Arkham simply synthesizes and provides information about organizations, companies, investment funds or individuals in the cryptocurrency market for all. Everyone knows what they are and have done to have transparency in the cryptocurrency community. It's like a media site.
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