Beside the possibility of making cash once it is launched, I enjoy the education embedded in the interphase of the coin. Novice will learn so much from mining the coin

I mine hamster kombat.

Join my team by using the code

https://t.me/hamster_kombAt_bot/start?startapp=kentId5242442711

Quite straight forward.

#Write2Earn! #write2earn🌐💹

I made a post on the rise of #RSR/USDT . it has finally got the point of profit.

did you profit or you were just observing?

#Write2Earn‬

So, How much will $10 #RSR fetch you in the recent upward swing?

A look a the #RSR shows that the price of the coin is going to touch $0.003501. in other to maximize profit, there is a need for a safe entry.

I consider a safe entry to be at the price $0.002792 because of the following

before price began to swing up, two spectacular things happened.

the first was a bullish divergence where the Relative Strength index resumed an upward trajectory but #RSR price maintained a downward trajectory.

the second was a double or triple bottom where price tries to break a support twice or thrice by testing the support frequently.

once these were spotted, I preferred to enter at that price because side given room for retracement, it's an absolutely nice spot to milk in profit.

So, I bought $10 worth of #RSR which grants me access to 3581.662 amount of RSR

calculation

$10{amount I invested} / $0.002792 {my entry price}

= 3581.662 worth of RSR

since I am speculating based on my analysis that the price will hit previous resistance at 0.003501 which will also be my exit spot. at this exist spot, after selling all 3581.662. I will be left with $12.5394

Calculation

3581.662 {the amount of RSR coin I have} * $0.003501{the price I would love to exit the trade}.

= $12.5394

I have made $2.5394 from that swing.

You may not like this example because of the low profit but you should understand that the more the profit you anticipate, the more the amount you should invest. it's not rocket science.

I will however call your attention to he volatility of the market so it's advisable to invest what you can conveniently dispose when spot trading.

#Write2Earn

✌️

#RSR update.

the target is the purple horizontal line ahead.

do you notice the trend line is still active?

this is a daily timeframe so reaching the goal is going to take days.

let watch it unfold.

#Write2Earn

On the #RSR daily chart, a bullish divergence was spotted. for non technical traders, a bullish divergence is a situation where price action keeps heading down while indicators (RSI in this case) is moving up.

Price action and indicator move in opposite direction

the bullish divergence has been sealed with a double bottom which is also another signal of a rally. the uptrend has commenced as seen in the image below.

Don't miss out.

#Write2Earn

Hold fast to your #SHIB tightly, if you don't have any, buy thousand if not millions of the coin. The downtrend on the daily time frame has been broken and price has been expected to visit the previous high.

A look at the monthly timeframe shows that the coin has been oversold. Relative Strength index is already gaining an upward momentum. All that is expected now is for price to follow suit.

#Write2Earn

I come across coin analysis here and what I can say is "there are expert and there are experts"

kudos to every creator doing wonderful job here.

#Write2Earn

#BTC has crossed $49,000, as it stands the king of cryptocurrency is headed towards its prehistoric high - $69,000, no doubt. BTC investors would need not to bother about what I am about to post since they are holding for a long time but for the traders, come over here.

Daily BTC chart showed the Relative Strength Index being overbought. so, I decided to see what the 4 hrs traders were doing. the figure attached should the formation of a bearish divergence on the 4 hr TF and the point of relevance is denoted by a purple horizontal line. it's around $47,000.

I expect the bears to force BTC price down to $47000 before the rally continues to form a new all time high. if you trade BTC, pay attention to this.

#Write2Earn

These four coins are in my radar

#Doge #RSR #BONK #SHIBA

which coin are you looking at?

#Write2Earn

Using Dimension coin (DYM), here is a reason why you should focus more on alt coin less than $1 if you are new to crypto.

I noticed DYM coin last night on @binance while scouting for coins. The chart you are looking at is a daily timeframe and it's obvious with the two candlesticks that DYM is a new coin.

The opening price of the coin is $.2;
The current price as at the time of writing this is $4.99; and the all time high of the coin is $6.321

The main reasons you have to focus on Alt coin < $1 is the ease in acquiring more at a reduced price.

Buying a $10 worth of DYM will give you 50DYM as at the time of it release.

Wondering how I came about that?

Divide $10 which is the amount spent on purchasing the coin by the opening price which is $0.2

$10/$0.2 = 50.

Upon release coin moved to an all time high of $6.321, if you sold your coin at this point you would have made $316.05.

How?

The 50 DYM you have multiplied by the all time high DYM price, $6.321

50 * $6.321 = $316.05.

You have made about $306 in profit.

$316.05 - $10 = $306.05

If we assume you missed selling at that price and decided to sell at the current price $4.99. you will make $249.5

50 * $4.99 = $249.5

You can see the importance of looking at the coins with smaller price if you don't have much money to invest in the top coins for now. You can cash out, rinse and repeat.

Please note that my illustration are hypothetical and base of historical data. While investing in crypto, do yourself a favour conducting your due diligence. The illustration I made now was for educational purpose and should not be taken as an investment advice.

✌️

#Write2Earn

Daily #Doge dose.

The doge coin has not chosen a significant path for weeks now. it has maintained a sideways movement after a downtrend as seen in the image below.

with the look of things, the current support is quite formidable and there is a greater likelihood of an uptrend afterwards.

share your thoughts on this.

#Write2Earn