The market is about to crash, but this is the final drop and the perfect time to buy on the dip because after that, the bullish market will begin.
Since October 15th, 2021, ETH has shown a divergence, and the drop began on November 11th, 2021. For those who have already closed their positions in profit or who trade with a stop loss and have cash on hand, now is a good opportunity.
BTC is expected to decline between $60,000 and $59,000, while ETH could fall between 4330 and 3900, causing Altcoins to fall even more.
I just want to give you some recommendations on which currency will provide you a better return than BTC or ETH. The first step is to calculate the standard deviation of prices, which indicates which currencies are the most volatile and have the potential to fall further and recover faster. Second, we should find the trend of market by using channels. Among currencies we found that FTM is one of the best options for us and the second could be HNT. Also there are the other currencies such as ONE, RUNE, ADA, MATIC, SOL, AR, and LUNA.
The limit orders which we can set for FTM could be from 2.2 to 2 and HNT around 40~39.
Please leave a comment below if you have any questions concerning the approximate buy limit orders for the other currencies.