19 e-coin recommendations for 2021-08-24. We will be analyzing:
- BUY: $ALGO, $MANA, $ZRX
- SELL: $ADA, $SOL, $LUNA
Let's analyze the recommendations. First, from the buy-recommendations, we have $ALGO. We have buy-pressure and 1-week price-growth, but the 1-day chart shows $ALGO is going on ... sale (?). I say: BUY.
$MANA buy-recommendation. No. Sell-pressure and an ambivalent 1-day price chart, even with a (slight) price-increase over 1-week. PASS.
$ZRX buy-recommendation. No-ish. Sell-pressure against a generally-rising price-trend. HODL.
On the sell-side, first up: $ADA. ... and, with these price-charts: are you crazy? No. Buy-pressure and a rising price-trend. HODL (I'm also thinking: BUY).
$SOL sell-recommendation. Eh. No. Buy-pressure and a level price (non-)trend. HODL.
$LUNA sell-recommendation. This is a two-parter. Why? One set of charts scream BUY! BUY! BUY! ... but
... but, with the more fine-grained chart, we have this recent action going on. Now, I'm not a day-trader, but, ('BUT'!) seeing the recent price-drop, I'm going to hold off $LUNA until the price trend turns positive. HODL (and if you want to sell: SELL).
From the above analysis we have:
- BUY: $ADA and $ALGO
... but with which coins? Candidates in my portfolio are:
- $LINK, $LTC, $ATOM, $XTZ, ...
All these candidate coins to convert hurt, because they all are doing well
(Good problem to have)
Putting all these charts together, they look the same, with the caveat that the buy-recommendations may even be fairing a bit worse in this dip, so: HODL
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