Sirwin
Sirwin
AAVE, BTC, BAT, CAKE and... Breaking Bad?

BTC, AAVE, BAT and CAKE | Chart Analysis | WHAT. A. DAY. | 25 FEB

By Joao16 | The New Publish0x Times | 25 Feb 2022


I can't start this post without sending prays to ukraine, I hope this nightmare ends sooner than we expect.

 

Bitcoin Analysis

Because crypto markets have only been here for 10 years we never saw the impact of Pandemics or Wars or some other thing in this markets until 2019 when COVID hit and now what could possible be the 3rd World War. But what does that mean? Means we have to be carefull and today as a great example of that... When BTC hit 34k after the news of Russia invading Ukraine everyone would though that the crypto market would start going down like hell like Stocks on the 2nd World War. But what really happen as great recovery from 35k to 38k its still bellow EMA500 and 0.78 of the FIB retracement but still a good sign showing that even with a war people want to have Bitcoin. In the nexts few days BTC can test 40k again but let's hope Bad news don't f*ck everything like COVID-19 did when it appear.

d38e5504f2c68ed4133fd05bb4844140a9e94e3792c39c641f58b027ad78728e.png

 

 

BAT Analysis

BAT also got a good buying power which coould mean he is trying to get above 0.80$ but it's too soon to tell, because we have to confirm that with more buying power in the nexts few days.

dd479769ee54d3254c561ff4fb6a105690fb9e6fc8810db24755b2ce050b6615.png

 

 

AAVE Analysis

Still very Bearish i don't think right now Aave is a good coin to buy with all the things that are happening.

66b8ce2dd68472d5c0ba2a20c3c8f7b83149c5ff21cf805d7664cf7146ac7b50.png

 

CAKE Analysis

Also a good buying power but still very bearish, they are all depending o BTC if he fails they fail hard if not maybe they just go sideways and thats why i don't think these coins are good for now. Let's hope it gets better in the future.

36beebc459edf71c8a62b05e589eab2acdadbe1d4307bfce311bdc29567b2971.png
 

 

Are you a good gamer? Pipeflare is giving 2000$ per month to players who can get the best scores in their games Playing for 15 min, don't lose this opportunity!

 

 

Supertrend Indicator Daily and Weekly

 _____________________________________________
BTC |  Weekly chart |   Down Trend |                         
       |  Daily chart     |  Down Trend  |                         
 _____________________________________________
AAVE  |  Weekly chart |  Down Trend  |                      
           |  Daily chart    |  Down Trend  |                        
______________________________________________
BAT |  Weekly chart  |   Uptrend       |       
        |  Daily chart     |  Down Trend |                        
______________________________________________
CAKE |  Weekly chart  |  Down Trend |       
          |  Daily chart     |  Down Trend |                        
______________________________________________

 

RSI Indicator

All of them still bellow 50, but BTC is trying to find a support.

 

BTC

7643d2b1d5017e206731f22b23a63738da8dcf208d7f5fb28dba6aa14af0d9a9.png

 

AAVE8fb575d342ab64c28baa562f3664261e9c50329eac16b044e468fcb162cc971c.png

BAT

c0370e6cf2f66c88b5f95bf650017c78e17dd6a126faed89429186226ecdc621.png

CAKEc03fa78b371bdf1941ee3aaca9af6a2d0eb6fee900bf139a2872eba6ab274faf.png

 

 

Suports and resistences

 _____________________________________________
BTC |  Suport ->  36.8k and 30k                      
       |  Resistence ->40k and 45k                    
______________________________________________
AAVE |   Suport  -> 125$                    
           |  Resistence -> 150$                        
 _____________________________________________
BAT   |  Suport  ->  0.65$
         |  Resistence -> 0.75$                     
______________________________________________
CAKE |  Suport  ->  6$
          |  Resistence -> 8$                     
______________________________________________

 

 

Volume (in the last 7 days)

 _____________________________________________
BTC | 37k->44k Bigger, but still low.             
______________________________________________
AAVE |  88k->100k Bigger.                     
 _____________________________________________
BAT  |  11.2M->12.3M Bigger.
______________________________________________
CAKE | 2.2M->2.3M Bigger.                  
______________________________________________

 

If you like this content tip me if you can and leave in the comments if you want me to bring some other indicator. thank u :)

How do you rate this article?

36


Joao16
Joao16

A simple guy that writes about everything


The New Publish0x Times
The New Publish0x Times

Daily Chart Analysis

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.