Alpha Zone PRO #1
Alpha zone PRO, first premium newsletter edition.
Welcome to Alpha Zone Pro about crypto portfolios! Here, we will discuss practical ways to manage our cryptocurrency portfolio wisely. Discover our tips, strategies, and insights for you. But remember, it's not financial advice, and do your own risk.
MARKET PROJECTION
Chart : BITCOIN (BTC/USDT) Forecast this week
On the daily chart, bitcoin is currently still in a sideways state.
Bitcoin price has been on a slow decline, starting from a peak of $31,804 on July 10, 2023.
Technically, bitcoin's price can touch the $28,250 area, which is the 50% Fibonacci zone, this week.
Conversely, if the bitcoin price pullback rises, it will potentially return to a price of $31,000
If the price of Bitcoin goes down, then altcoins will also go down. For that, let's take a look at Bitcoin this week.
Chart : ETHEREUM (ETH/USDT) Forecast this week
On the Ethereum daily chart, the price of Ethereum was still sideways last week.
According to technical analysis, Ethereum has the potential to decline to reach a price of $1,700. Currently, the seller is still more potent than the buyer.
If Ethereum succeeds in pulling back up, then it will touch the resistance area at $1,935.
Opinion
In this edition, we share info about the Benner Cycle
"The Benner Cycle" refers to the theory developed by a market analyst named William J. Benner. This theory predicts market movements by identifying repetitive cycle patterns in historical market data.
The theory is based on the belief that the stock market has a recurring cycle pattern, and by understanding these patterns, investors can use that information to make better investment decisions. In other words, "The Benner Cycle" seeks to find long-term economic cycles that can help identify peak times and valleys in the market.
However, it is essential to remember that stock market predictions have a high level of uncertainty and are complex. Wise investment requires consideration of more than just relying on a single theory or cycle.
🎦 You Won't Believe what This 150-Year Chart PREDICTS for Stock Markets by Alessio Rastani
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Disclaimer:
This AlphaZone Pro contains various information and opinions and is not a financial recommendation.
Investing and trading in digital currencies or ICOs are highly risky. Always conduct research or analysis before engaging in trading or investment activities.
Price information is always subject to fluctuation and may change anytime.
We cannot and do not guarantee the accuracy, validity, timeliness, price accuracy, or completeness of the information provided to you. Although analytical parties have selected the information or data for accuracy assessment, we strive to provide information as accurately as possible.
We are not responsible for any losses, damages, or losses you experience if there is a failure or error from the information sources or insiders.
We aim to provide unbiased information according to readers' needs and not to be partial to any party.
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