May 1, 2024

How to make money on cryptocurrency in 2020 (BTC, ETH, XRP, BNB)

Throughout 2019, we have seen a deep correction that is already approachingto the end, which means it's time to considerpurchases.For BTC, we observed an impulse from the end of March until the end of June; a similar picture was observed for ETH, as a correlating instrument. For BTC, the momentum ended at 13346, which is the 0.618 Fib level. Afterwards, a correction of this impulse began and now we have stopped at approximately the level of 0.618 and are near the level of 0.786, which passes around 5800. I allow punctures to the level of 0.786 and below, down to 5000. You can open purchases now. The minimum zone where you can fix part of the profit in the medium term is 13350-16100, which is the levels 0.618/0.786. Rationally, the stop can be placed at the level of 4230, which is a fairly strong level. For Ethereum, growth targets are 1100 and 900, part of the profit should be fixed at these levels, the rest should be held. A stop can be placed beyond the psychological mark of 50, 47-49. Buying zone 80-200. I also have high hopes for Binance Coin, open purchases in the 12-16 zone, set a stop at 8. The expected target is 50.

Attached graphics below to make it more clear. Also, subscribe to our NOMO Trade channel in a telegram to receive more analytics and trading recommendations.

Chart for #BITCOIN www.tradingview.com/x/zRJYyuSl/ / (Dynamic idea)
How to make money on cryptocurrency in 2020 (BTC, ETH, XRP, BNB)</p>

#ETH chart https://www.tradingview.com/x/hn0QyPRD/ / (Dynamic idea)
How to make money on cryptocurrency in 2020 (BTC, ETH, XRP, BNB)

#BNB chart https://www.tradingview.com/x/i8beIIuO/ / (Dynamic idea)

How to make money on cryptocurrency in 2020 (BTC, ETH, XRP, BNB)</p>