The 3 Crypto Coins that will Survive a Bitcoin Bear Market in 2022
Hello and a huge happy new year to everyone 2022 new crypto year lots of big articles coming out this year, so it's a fair bit more planning to do and I hope you guys have also got your goals set for 2022.
Even if this crypto market goes quiet for a little bit it's going to be a perfect time to get yourselves set and that's what we're going to look at in today's article looking at potential altcoins which would survive a bear market.
As you know if bitcoin and crypto go a little quiet over the next weeks to months looking at those chart patterns as we always do as they tend to give us the information before the news does all right. So I don't need to drag on with the fear and greed too much, we're at 21 yesterday 28 back down to 22, so extreme fear and we're mixing between that fear and extreme fear at the moment.
Even though Bitcoin and Ethereum are at some of the highest prices that they have been in their entire history, it is what it is, that's what happens in the markets. One thing I'm noticing with bitcoin is this load of volume that's coming in we are on a coin base and the market isn't pushing up any higher.
We've failed to get back above the 50 percent you know we've had the daily close we've had weekly close earlier this week we had the monthly close and we had the yearly close just yesterday and so we've seen this volume.
none of this has actually pushed the market back above 49k which is the first safe level as you can see we've got these targets up here 54 is that number that I am still waiting for so I've said that number since the 4th of December if we can get above that I think we're going to see a lot more energy and all of this excitement come back into the market.
But until then I think we're just going to keep tracking around these levels and potentially even break down past this 42k level but I'm not concerned the bull market is still intact until we break the 28k low but the first level we don't want to see broken for you know a prolonged period is that 39k low.
which came in on the 21st of September so the total market caps at the moment are sitting at 2.2 trillion so we're still at pretty high levels considering where we were a year ago but of course, we're in extreme fear looking at some of these markets which will hold out during a bear market.
Of course Ethereum I think that should go without any say I think Ethereum is here to stay and it has the potential to still flip bitcoin when the market is quiet you know maybe bitcoins down for this next half of the year 2022 maybe it's not bitcoin's turn maybe it's Ethereum's turn and uh you know this is one of those markets which will probably continue to hold up as well and that's why it's one of my major holdings and a pretty good beta play on bitcoin.
Now it has fallen underneath the 50 levels and you can see that the noise in the excitement the energy has really been pulled out of the market I don't see as many youtube videos being done you know just looking at the market sentiment.
I don't see as much getting pumped out there at the moment people are obviously taking holidays the volumes are down over the break at the moment hopefully in the next week to two weeks we'll start to see where people are looking for uh where they think the market is going to go in the next sort of month to two months because right now it's just treading water until people come back from holidays and start to throw their money back into the market or pull it out of the market.
We'll have to wait and see Ethereum is at least just playing around with its higher 50 levels because if we drag this back down to the lows of 1700 it's at 32 to 3 300 and we're currently sitting at 3 700. The pivot point down here on the weekly is uh 2600 so we've still got a bit of room to go before that one breaks down as well so Ethereum is still looking stronger than bitcoin.
Now before I look at these other cryptocurrencies which look like they have that strong holding to get us through any sort of sideways market a shout out from our sponsor that sponsor today is margex 20 bonus if you're looking to get a bonus on the cryptocurrencies that you deposit on the exchange.
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But the main thing here is that you want to see a sideways and accumulation and then the higher lows and the breakouts so you probably will hope you're getting sick of me saying that because it's something that I just look at time and time again for an altcoin trade and for a good potential for a mooning cryptocurrency.
Now it doesn't mean it has to happen that next week or next day or whatever but as long as you're finding this sort of patent in your markets then you've got a much higher probability of that cryptocurrency surviving any sort of bearish you know sentiment that's thrown at the market so where are we seeing that on some of these cryptos cosmos has been one of those which I've gotten in you gotten into a trade and then gotten out of and at the moment it's starting to climb its way back.
This is on the dollar chart and you can just change this over or add in the BTC pad you can see the yellow line here the gold line it's starting to trend similar to what we're seeing on what we saw on eth BTC you can see this accumulation sideways high low higher lows more high lows and if that's too much information for your eyes to take in drop it back to a monthly chart.
You're Now on a bigger time frame which means the moves will be much bigger now if the volume's getting in the way you just remove the volume and you can really start to see that pattern playing out over a longer span of time so adam on this is it using the bar chart so you can see it here really just starting to wind its way up and get those higher lows.
So let's use this open this one up here and then use this here you've got one low the next lows and then it looks like this is the next load that's been put in so that's looking good so far it just broke its 50 levels and is attempting to close in the next couple of days above that level thereof 59 59 000 on the BTC.
But one thing to keep in mind is the next 50 level but it's going to be the rejection 50 level or the let's see if we can get through the resistance so that's downrange and you can see that the next level is 73 and it's just starting to hit that at the moment so we've just dropped back to 72. so currently the high is 72 nine you know seven thousand seventy-two thousand nine hundred.
It's attempting to break above that so hopefully at the end of the week it does do that and then you would really have a good solid project that's it started to push its way above all of these resistance levels onto the next one, this was starting to break out and we definitely saw this nice and early it was another one that I was buying up earlier down here.
But then sold out because you could see that this was potentially about to break down so always have your stops in place as well you'd probably get that feeling from the market this year if you haven't ever taken profits to make sure you have uh have that in your plan and then also have your stop loss just in case the market goes against you, you never want to be holding these things as they tank all the way back down. but you can see now while the market bitcoin is not doing too much.
The sentiment is down there it seems like a lot of people have left the markets especially retail you can see something like curve against its bitcoin value it's just pushed to new highs new recent highs at 1200 or it should be 12 000 looking at these numbers here so as it pushes above the rest of the market's down that to me is saying we've got quite a lot of build-up here higher lows and it's breaking out of these tops.
So looking forward, I do think the curve is it's got some big things to come for a curve when I look at a chart like that after so much accumulation over the last year and a half it's as if it doesn't take off big then something's wrong with the project fundamentally and it's got to absolutely crash.
I think it's ready to do that now and one final one of now I've talked about d5 potentially getting a nice big bumper run maybe in 2022 maybe later but it didn't have its run in 2021 a lot of these peaked out in mid-2020 and they went on a huge bear market while everything else was going up and this is because d5 was building out a lot of different things they were getting themselves set up ready for that next stage and wi-fi is one of those big projects that took everyone by surprise.
It was a few hundred bucks and then ran all the way up to uh close to a hundred thousand dollars if you look at it on the USD chart here so yeah it was it started much lower than what it was here this is just a few thousand dollars but it was even cheaper than that and it ran up to close to a hundred thousand dollars because the supply is so small.
There are only about 30 000 wi-fi uh tokens, uh if we go back to the wi-fi btc chart you can see that similar sort of pattern it's been dumped get some higher lows involved and then start to make the next higher low and so we've just seen it bounce off this little level here at 0.36 to 0.43 and within the news to wi-fi, they're changing up the Tokenomics and so as they do that it looks like they are potentially taking some wi-fi off the market every month which means it's going to have a supply shortage and there really isn't that much supply of you.
So this could be one of those big ones to watch as well uh going into 2022. now if all of that is not your cup of tea and you want to just take things easier check out one of our other sponsors on the channel today and this is Invictus capital we've talked about them quite a lot of times and the reason being is that they have their crypto 10 hedge fund and what you can do is just own one of the c10 and within that c10 you have a piece of all of these cryptos and USD and what it does is trade between your crypto.
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So that's a look at the altcoins which I think will have a pretty good run even if bitcoin goes stagnant and quiet reason being is that their bitcoin charts are looking really solid and the accumulation looks like it's taking place over a long period of time curve is already showing that it is looking like it wants to break out and I think if this was in a strong bull market this would have taken off pretty quickly already but the nice thing that we aren't in a strong bull market just yet because it gives us more opportunities to be entering into the market.
Thank you .
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