Friday, August 20, 2021

8 e-coin RSI recommendations for 2021-08-20

8 e-coin recommendations for 2021-08-20, 7 of which are RSI sell-recommendations. We'll be analyzing $ADA, $SOL, $LUNA, $RVN, $QTUM (which has risen in price over 27% since it was last recommended), and good ol' $ZRX today. 

Recommendations

  • BUY: $ZRX 
  • SELL: $ADA, $SOL, $LUNA, $RVN, $QTUM

First up, $ZRX BUY-recommendation. $ZRX has a rising price-trend but sell-pressure. HODL. 


$ADA. Buy pressure and a rising price trend on a sell-recommendation. No. HODL. 


$SOL. The 1-day chart looks bumpy, but there's an upward price trend on the 1-week chart and buy-pressure. HODL. 



$LUNA. Terra, seemingly appearing out of nowhere, has become the 3rd largest #cryptocurrency placed right after $BTC and $ETH. Sell recommendation? Nah. I'm not selling any of the top three, thank you. The 1-day chart is "trippin', mang," but the 1-week chart is okay. HODL.


$RVN experienced a dip in the middle of this week (albeit not much of a dip), but from one that it recovered nicely, and its 1-day chart is strong. HODL. 


Finally, $QTUM. The 1-day and 1-week charts are noisy, but look at this trend over the 1-month chart (even with some settling toward the end). BUY. 

Day-after Results

Today's day-after results are a bit of a mish-mash. I am pleased, however, that I bought $QTUM yesterday, and HODL my $SOL. 



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