Technical Analysis of the Cryptocurrency Market Today

I have conducted a thorough technical analysis and want to share it with you. This market is going through a phase of global psychological manipulation. The goal seems to be to reduce the greed index and liquidate leveraged positions, generating fear among non-professional traders and novices to close at a loss.

Key Recommendations

1. Avoid leveraged trading: Traders looking for quick profits are often liquidated, delaying market upswings and creating volatility.

2. Hold: Buying and holding is the safest strategy. Even if the market falls, you do not lose your long-term investment. Trading, on the other hand, can wear you out emotionally and lead to irreparable losses.

3. Think long-term: Do not trust promises of instant wealth. Patience and strategic investment are the keys to success in cryptocurrencies.

Market Forecast

Bitcoin may fall again, and altcoins could drop by up to 50% this week, but those who buy and hold their positions could see significant growth by the end of December and January. Remember that the best thing is to hold; leave your greed for leverage behind.

Investment Opportunities

These cryptocurrencies have potential:

$THETA : Projection of $35-$56.

$APE ApeCoin and Fetch.ai ($FET ): Available on Binance.

KLV and Joystream: Available on Bitget; long-term gems. But they are worth the wait to see how your portfolio rises, and many people who follow me have made money thanks to my advice—all completely free. Remember that when money starts to flow, these are cryptos like KLV and Joystream that will receive large amounts and will rise like beer foam.

In my next post, I will name another cryptocurrency that I assure you will also rise a lot. Remember that here I only talk about cryptocurrencies with good fundamentals.

The market rewards the patient. Buy, hold, and avoid falling into the greed of leveraged trading.