ALTCOIN REVIEW by Artem Shevelev — 12 August 2021
Hey guys, in this review we will look in another important altcoins which extremely popular among crypto holders 👍
1. DOGE
2. THETA
3. HBAR
4. ADA
And lets start from DOGE coin
which is forming some interesting pattern, which I will cover more detailed in next reviews. Price located in between DMA100 and DMA200, still in bullish shape, but now price might wanna reach 0.5 Fib level at $0.34 - 0.35. From these levels I will expect pullback in bearish side.
Another altcoin for today is THETA token
It gave holders good profits on last move carrying almost x2 from last swing low. But now price seems like heading south again, facing resistance in the zone of $7.0 and downtrend as well as DMA 200 and DMA 100 death cross.
Take a look at flat-surfaced HBAR
It seems to me it is some kind of distribution going on, I've seen this manner last year and surprised by seeing it this year happening again. Looking south for this token on next period.
And last for today is ADA (cardano)
Have to admit, price of cardano made significant profits for holders, especially for long-term buyers who holding since 2020-lows.
Right now price stuck at 0.618 Fib zone from last ATH, and seems to me it is quite exhausted for another run upside. I bet on bearish outcome for mid-term, so for coins which left in portfolio I will try to fix in this zone to avoid unnecessary risks.
Thanks for your time, stay safe
Best regards
Artem Shevelev
1. DOGE
2. THETA
3. HBAR
4. ADA
And lets start from DOGE coin
which is forming some interesting pattern, which I will cover more detailed in next reviews. Price located in between DMA100 and DMA200, still in bullish shape, but now price might wanna reach 0.5 Fib level at $0.34 - 0.35. From these levels I will expect pullback in bearish side.
Another altcoin for today is THETA token
It gave holders good profits on last move carrying almost x2 from last swing low. But now price seems like heading south again, facing resistance in the zone of $7.0 and downtrend as well as DMA 200 and DMA 100 death cross.
Take a look at flat-surfaced HBAR
It seems to me it is some kind of distribution going on, I've seen this manner last year and surprised by seeing it this year happening again. Looking south for this token on next period.
And last for today is ADA (cardano)
Have to admit, price of cardano made significant profits for holders, especially for long-term buyers who holding since 2020-lows.
Right now price stuck at 0.618 Fib zone from last ATH, and seems to me it is quite exhausted for another run upside. I bet on bearish outcome for mid-term, so for coins which left in portfolio I will try to fix in this zone to avoid unnecessary risks.
Thanks for your time, stay safe
Best regards
Artem Shevelev
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