Could we see another flash crash in the crypto market, similar to the one we witnessed this past May? There's no such thing as a crypto crystal ball, but the charts tell a story. In this episode of the Altcoin Series, we examine the relationships of ratio charts (specifically ETH/BTC), how it can affect the movement of altcoins, and how there may possibly be similar patterns forming to the ones we saw earlier this year. Using technical analysis with trend identification, we give insights into what occurred leading up to the previous crash, trade ideas and strategies for how to approach the market in these precarious conditions, and (not financial) advice on how to protect your investments.
If you liked the video, please let me know and of course share any feedback you may have.
Will be back with another video soon!
I hope you enjoy it :).
Make sure to leave a like and subscribe to the channel for more content.
Turn on notifications to never miss a live stream.
This edition of the Altcoin Series in partnership with Delta Exchange!
http://delta.exchange/Mayne
Get 10% off in fees and up to $30,000 in trading bonus!
Follow: @Tradermayne and @delta_exchange on Twitter.
This edition of the Altcoin Review is also brought to you in partnership with ‘SnowSwap’.
SnowSwap provides a decentralised exchange featuring multiple liquidity pools for swapping between yield farming assets of similar worth, namely: yield bearing stablecoins and different flavours of wrapped tokens including wrapped Bitcoin and wrapped Ethereum.
Right now users have the opportunity to earn $SNOW the native token of the SnowSwap ecosystem by providing liquidity to the general pools, $SNOW/USDC pair pool or simply staking their $SNOW tokens with these options offering APYs up to 625%!
You can check out SnowSwap by clicking the weblink in the video description and by following their Twitter account @snow_swap
Nothing contained in this content constitutes financial advice and you should always do your own research before engaging in any kind of trading and/or investing.
0:00 -Intro
3:41 - Bitcoin Analysis
6:10 - ETH/BTC Analysis
9:44 - Outro
0 Comments