Crypto analysis (BTC,ETH,SOL,SHIB)

in Steem Alliance8 months ago


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Hello friends, How are you all? Hope you guys are doing well. The Crypto is alive again. All markets are doing great. BTC on its all-time high level.


Today's morning BTC was in 68.6k USDT. It's around 500$ away from the all-time high. I hope It will break its own record in a few days.


Today I will talk about top-ranked coins. What can be their next move and where is their support or resistance? So Let's begin.


First of all the mother of cryptocurrencies. BTC has been doing such a great performance for the last 12 months. On January 2021 BTC was on 16k. Within one year it pumped around 4.5x. Which is such a great performance.


We might see some consolidation on that zone. After the consolidation ends it will make another high. I hope all altcoins will show a great performance as well.


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Screenshot from trading view


Now let's talk about another great coin ETH. We all know ETH and BTC are the most popular cryptocurrency in the world. ETH is doing great too. It is on around 3.7k USDT.


It has a resistance on around 4.6k USDT. Although ETH might be consolidated here for its next pump. This is not obvious to consolidate here but I think the RSI is on high. It needs a correction.


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Screenshot from trading view


If you talk about high gainers for a year. Then Solana should be top of the list. Within one year it gains around 14x. That's huge. However, Solana has a resistance on 140$ level. If BTC continues goes to the upside I hope Solana will break the 140 level.


SHIBA INU. One of the greatest meme coin ever. Hope you noticed that SHIB just made 4.5x within 8 days. YES, the year read it right within 8 days it pumped around 4.5x.


Now it's actually hard to predict the next move of SHIBAINU but I think it has a resistance on 0.00005000 cents. I think it will not break the resistance for now. It could to consolidation here. I don't think it will pump sooner.


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Screenshot from trading view


Let's discuss about my last prediction which was on BTC/USDT. On the last chart analysis post I mentioned that "BTC will make a higher high as it is on an uptrend" . And here we go, It pumps exactly where I guessed it would pump.


The trade was on of my greatest trade.

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Screenshot from trading view


I'm not a professional trader. You can say I'm still learning. I write posts about what I think and what my prediction says to me. Also, I just post for a learning purpose. Hope enjoyed my today's post. Thank you for giving it a read.

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