ANALYSIS OF BTC, BNB, TON. ALL OR NOTHING

ANALYSIS OF BTC, BNB, TON. ALL OR NOTHING

20 June 2024, 09:44
Sergey Batudayev
1
370

Now there is a very interesting situation regarding a number of cryptocurrency instruments 

In particular, BTC and a number of other first-tier cryptocurrencies are in the short-term oversold zone and are showing a buy signal. 

Specifically BNB.

BNB/USDt


As we can see, the asset does not fall into such an oversold zone, but this is exactly what happened the last time in December 2023 and February 2024.

BTC/USDt

But this is the situation for BTC

Bitcoin gave us similar oscillator signals more often, but nevertheless, the last such one was in the month of January. 

TON/USDt


True, with this instrument it is worth mentioning that it behaves very ambiguously and often shows an inverse correlation with other cryptocurrencies, however, levels around $5 and $6 should definitely be regarded as good entry points for long-term investing. 

This is not a direct trading recommendation and you should conduct your own analysis as well. 

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If you'd like to try automated trading, consider a number of my advisors.

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