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Fundamental-analysis

NZDUSD - The USD Will Continue To Fall!Analysis: Upwards trend (bullish confluence factor) Retest of an old support level (bullish confluence factor) 61.8% fib retracement level (bullish confluence factor) Upwards trendline touch (bullish confluence factor) NZD is the 5th strongest major currency whereas the USD is the 3rd strongest major currency (bearish confluence factor) 2K short position increase for the NZD (bearish confluence factor) 8K short position increase for the USD (bullish confluence factor) Comments: Despite the strength of the US, the USD has been pretty bearish for a while now and it looks as if this could continue. We're pulling back into a strong area which we expect to hold as resistance for the DXY, meaning that we could then see a continuation to the downside which in turn would favour our idea on NZDUSD. Whilst we don't have all of the confluences pointing to bullishness, we still have the majority showing bullish signs. With the confluences we have on NZDUSD along with the technicals we have on the DXY we expect to see the USD continue its bearish move to the downside, pushing price higher on NZDUSD. This is what gives us our bullish bias. Stay Safe - The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Long
by jpeacockfx
16
EURJPY - Will The Bullish Rally Hold?Analysis: Strong upwards trend (bullish confluence factor) 50% fib retracement touch (bullish confluence factor) Upwards trendline touch (bullish confluence factor) EUR strongest major currency (bullish confluence factor) JPY weakest major currency (bullish confluence factor) 40K long position increase for the EUR (bullish confluence factor) 27K short position decrease for the JPY (bearish confluence factor) Comment: Price has been heading higher and higher for ages and now we finally have a chance to enter. Lets see if this bullish rally will continue. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Stay Safe - The JPI Team Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Long
by jpeacockfx
4
EURGBP - Will The EUR Stay As Top Dog?Analysis: Breakout of downwards trend (bullish confluence factor) Break and retest of previous resistance (bullish confluence factor) Fib "golden zone" level (bullish confluence factor) Break and retest of downwards trendline (bullish confluence factor) EUR strongest major currency (bullish confluence factor) GBP 2nd strongest major currency (bearish confluence factor) 40K long position increase for the EUR (bullish confluence factor) 24K long position increase for the GBP (bearish confluence factor) 18K short position increase for the GBP (bullish confluence factor) Comment: Whilst we don't have all of the confluence factors pointing in our favour, the most important ones that we may most attention to are. The EUR looks stronger then the GBP currently as this is what the statistics tell us, which is why we are bullish on this pair. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Stay Safe - The JPI Team Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Long
by jpeacockfx
4
GBPNZD - A Breakout Of The Range?Analysis: Taking a look at the charts we can see that price looks slightly choppy and like we're stuck in a range, however a trade has setup that is in accordance to our plan so we're taking it. Although price is in a range we can see that price is still heading to the upside slightly. We also have an upwards trendline which confirms that we are actually in an upwards trend. This means that we're only looking for long positions. We had some news that came out for the GBP this morning which was slightly negative causing an overreaction and price pulled back to an area that we're interested in. Whilst this news was negative we don't see this news event as that important and we also have a lot of other confluences pointing to bullishness so we don't really care about this small thing going against our idea. Whilst the area that we have marked out might not seem like an obvious level, to us it looks like a great place to enter at. We've seen this level hold in the past so we expect that it could hold again making it a possible support level, however this isn't the main reason why we like this level. The driving factor for why we have this area that we marked out is because of the added confluences which are lining up with. Firstly we have the 50% fib retracement level which we expect buyers to be sat at wanting to push price higher meaning that this favours our bullish thesis. Another confluence that we have is the upwards trendline. When we've seen this trendline be touched before we've seen it be respected and price has then made a move to the upside. Trading is all about history and patterns as they repeat themselves, so if this has happened in the past then its likely that this will happen again giving us another reason to be bullish especially from this area. The final technical confluence we have is the candle that we saw on Friday. We saw strong bullish momentum and we were expecting this to continue this week however after the news came out, price dropped back to our area of interest. Like we've said already we think that this is an overreaction so we expect to see the bulls step in again and push price higher, going in favour of our bullish thesis. Fundamentally as well the GBP is the 2nd strongest major currency whereas the NZD is the 5th strongest major currency so this massively goes in favour of bullishness on this pair. Taking a look at the COT data as well we saw an increase of 18K short positions and an increase of 24K long positions on the GBP, which is bullish, again favouring the long side. For the NZD however this is the opposite. We saw a decrease of 100 long positions and an increase of 2K short positions, indicating possible bearishness for the NZD, which goes in favour of our overall bullish thesis. We have the fundamentals pointing to bullishness and we have a strong place to enter from which is why we are bullish on this pair and expect to see a continuation to the upside. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Stay Safe - The JPI Team Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Long
by jpeacockfx
14
DOTUSDT 1DInterval ReviewHello everyone, I invite you to review the DOT chart in pair to USDT, on a one-day timeframe. First, we will use the yellow line to mark the uptrend line, from which, as you can see, the price breaks out at the bottom. Moving on, we can move on to marking support areas when we start a larger correction. And here the price stays ahead of the first support zone from $5.16 to $4.97, then we have a second very strong support zone from $4.79 to $4.53, and when the price goes lower we have support at 4.20 $. Looking the other way, we see price bounce off the $5.27 resistance, then $5.60 resistance, a third resistance at $5.94, then a fourth resistance at $6.39. Please look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, the RSI is moving around the middle of the range, while the STOCH indicator indicates crossing the lower limit, which can give a temporary sideways trend for the price or a rebound.
by cryptodailyuk
LTC/USDT 1D ReviewHello everyone, I invite you to review the LTC chart in pair to USDT on a one-day timeframe. We will start by marking with the blue lines the uptrend channel in which the price is moving, and locally we can mark the yellow downtrend line. Using the Fib Retracement tool, we can check where the price should have support. And here we can see that the price is in front of the support at $86.63, then we have a second support at $77.80 and then a third very strong support at $68.97. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is currently facing strong resistance at $98.41 equal to 0.618 Fib, the so-called fibon gold point. We continue to have strong resistance at $114.13, once the price breaks it, it will move towards resistance at $134.29. The CHOP index indicates that there is still energy to continue the movement. On the RSI we have a visible rebound, we can see that there is room for the price to go lower, however, taking into account the STOCH indicator, which indicates that the energy is exhausted, we can see an attempt to increase the price.
by cryptodailyuk
XAGUSD - Silver Continues To Rise?Analysis: Taking a look at the chart we can clearly see that price is in an upwards trend. We're forming higher highs and higher lows which helps confirm this as well as the upwards trendline that is present. Price today has pulled back to an area of interest to us as this level previously held as resistance. As we know resistance often becomes support when broken so this previous area of resistance looks like a place where we could see buyers step in and push price higher. Looking at our extra confluences we don't have a fib retracement level of a trendline that lines up with our area however both of these confluences are close by, but this isn't why we took this setup. We took this setup now as we're at an area of possible support and we have the fundamentals in our favour. Fundamentals are what drive the markets so if we have a strong fundamental bias then that is more of a reliable signal then any technicals would be. Fundamentally recently we've seen the USD become weaker and as of the most recent report for COT data we saw an increase of 7K long position but we also saw an increase of 8K short positions on the USD so this is bearish for the USD, meaning that this is a bullish confluence for our bias. Overall we have a strong fundamental reason to be bullish on this pair and we've seen an opportunity present itself on the technical aspect as well. This is why we are currently bullish on Silver. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Stay Safe - The JPI Team Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
OANDA:XAGUSDLong
by jpeacockfx
8
MKR 1D Review Long-TermI invite you to review the chart of MKR in pair to USDT. Here the price stays above the uptrend line After unfolding the trend based fib extension grid, we see that we first have a support zone from $ 1067 to $ 1008, then we can mark the second support zone from $ 950 to $ 867, but when the zone does not hold the price, we can see a drop to the area of strong support at $ 763. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price has rebounded from the beginning of the $1265 to $1349 resistance zone, then it needs to break through the second very strong zone from $1442 to $1569 and then it can move towards the resistance at $1729. When we turn on the EMA Cross 10 and 30, we see that the MKR is moving in a local uptrend. The CHOP index indicates that the energy has been used, the RSI is moving in the upper part of the range, which may result in a larger price correction, and the STOCH indicator shows that there is a lot of energy, which, combined with the RSI, may result in a price correction.
by cryptodailyuk
ETH/USDT 1DInterval Hello everyone, I invite you to review the chart of ETH in pair to USDT, also on a one-day interval. First, we will use the yellow line to mark the uptrend line above which the ETH price is staying. Now let's move on to marking the places of support. We will use the trend based fib extension tool to mark the supports, and as you can see, we can first mark the support zone from $1784 to $1670, then we have support at $1559, and then another very strong support at $1399. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we will similarly mark the resistance zone from $ 2034 to $ 2160, the price of which has no strength to break through, but when it does, it must overcome a very strong resistance at the price of $ 2291. The CHOP index indicates that there is still energy to continue the movement. On the RSI we see a rebound and a place for the price to go lower, while on the STOCH indicator we see that the energy has been consumed, although we can still see the price fall.
by cryptodailyuk
Bitcoin Weekly UpdateHi Friends, This week, in lieu of a video, I'm going to give the update via static post. Bitcoin is still ranging as I stated it might continue to do in my last video and the accumulation in this range is extremely bullish IMO. Now, I know there are many analyst who want to claim this is a Wyckoff distribution with the potential being down at this point. Although, this could be the case, I don't think so. I'm more inclined to believe the potential remain upwards at this point vs. down. Of course, a break below my 29,900 level of support could mean I am wrong. And though, we have closed a candle or two below that level a couple of times, the market has never followed through with confirmation on the next. Indeed, ranging on this fence line has made many of my subscribers and followers nervous. And really, isn't that the whole point. The market movers are very aware of these psychological levels and will play traders until exhaustion sets in. I believe that is what is occurring rn. Many nervous longs may exit during this period. It is then that the prices could move swiftly up. That green level that we're flirting with rn btw ...that marks (approximately) the body high of the June 10th candle of 2022 right when everything went to hell in a handbasket and BTC crashed from our price today of around 30,000 all the way down to 17,500 in just over a week! This is why it is so significant. The fact that we made it through and are sitting above that orange major resistance area is a very positive sign for the bulls. I know, I know. Just barely. Still the accumulation up here has lasted almost a month now and I am thrilled. This is a huge win for the bulls. And checkout that bull flag on my RSI chart! Really, at this point though, to know more about what Bitcoin is actually going to do here, it's better to ignore Bitcoin. Not completely. As you can see, I am still tracking indicators from it's chart. But our macro-econ picture here in the U.S. is a great help. I have predicted for the last year that the market would become irrational, acting out against all fundamental indications regarding the longer-term economic picture which shows recession and long term stagnation on the way. I have stated that regardless of the clear picture that this is where we are eventually headed, before that, a blow-off top would occur. And that is exactly what is taking place right now. The dollar is crashing, the VIX remains at 2 year lows, and stocks are blowing up. These events are more significant to understanding where Bitcoin will go than anything. Until next week, best on all your trades! Peace y'all. Stew
INDEX:BTCUSD
by stewdamus
XAUUSD:Short-Term Focus 1970-1985 Yesterday was negative, so the short-term is a stagflation rhythm, but if it goes directly to V and reverses the decline, the price should rebound again at the key support. The high point of the second rebound is lower than the previous high and then falls again. It can be confirmed that the stage top appears, which is consistent with the structure formed by the previous bottom. The short-term price focuses on the 1970-1984 range More analysis and signals will be updated in time, and interested friends can keep up.
TVC:GOLDLong
by Dylan-Jones
XAUUSD:Chasing high has no advantage Yesterday, I analyzed that gold will fluctuate and rise, gold buy1972 tp1980-1985, and finally reached the target point of our attention near 1984. This position is an important suppression level in the early stage. With strong pressure, today's hourly line closes below this position, which will bring a certain callback. Since looking at the bottom in 1920, it has been bullish until around 1984. The overall rise has eaten up most of it. I will not be blindly bullish in the future. I will wait patiently for the daily level to fluctuate at a high level before making further plans. Many people will definitely say that this is the time It's not easy. It's bullish with the trend. It's true that the trend is so, but under the strong weekly line of 4 consecutive positives, there is no advantage in chasing higher. gold sell 1984-1989 tp 1980-1975 Share this point of view with my friends, I hope you can make more money and realize your dreams. Friends in need can keep up . Continually updated
TVC:GOLDShort
by Dylan-Jones
xauusd:The support level 1965 has a huge upside Gold formed a big positive line yesterday and rose in volume, confirming the stable situation after stepping back to 1946 the day before. It broke high again the next day, closed at a high level, and continued to stabilize at a new high level. It hit a recent new high of 1985, getting closer and closer to the 2000 integer mark. There is a little room for release today, and it is expected to touch the 2000 mark. At present, the daily line closes at a high level, and the short-term will continue to rise moderately. Judging from the K-line shape and the moving average indicators, gold has formed multiple divergent patterns, and with the upward moving average indicators, it has formed a supportive upward trend. The breaking high of 1963 has also been converted into a support level. Overall, gold continued its upward momentum, breaking highs became support. Continue to be bullish today, and it is expected to gradually break through the 2000 mark. gold buy 1968-1973 tp 1990-2000
TVC:GOLDLong
by Dylan-Jones
2
ETH/USDT 1D Interval ReviewHello everyone, let's look at the ETH to USDT chart on a single day time frame. As you can see, the price is based on the uptrend line. After unfolding the trend based fib extension mesh, we see that the first support is at $1869, and then the second at $1825. Now let's go from the resistance line, as you can see the first resistance is $1942, if you manage to break it, the next resistance will be $1975, $1998 and $2029. The CHOP index indicates that there is energy for further movement, the MACD indicates the transition to a downward trend, and the RSI is rebounding to the middle of the range, which may result in a further price drop.
by cryptodailyuk
Canadian Dollar To All Time Lows???CAD/CHF is currently sitting at a key level and a big test. Today is also the day of the Canadian Interest Rate decision. Forecast is for Canada to increase their rate from 4.75% to 5% which would be an increase of 0.25 points. However, this same prediction was made for the RBNZ last night and they decided to keep their rate the same. If the BoC do keep the rates the same, or increase the rate I don't see how either could be positive for the CAD, simply putting it the country is not in the best of positions. We also had the worst CPI report in almost 2 years not too long ago and an increase in Unemployment rates last month, despite adding jobs. I don't see how any Canadian led pair could be considered bullish, given the state of the country and my bias is for a short here.
Short
by SJFXT
ETC/UST 1D ReviewHello everyone, I invite you to review the ETC chart on the one-day interval. As we can see, the price did not manage to stay on the downtrend line and was quickly reversed. After unfolding the Fib Retracement grid, we see that the price is holding just below the support at $19.19, the next support is at $16.69, then the third support at $14.84, and when we go lower we have a fourth very strong support at priced at $12.57. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the first significant resistance is at $21.67 with the downtrend line, then resistance at $24.15 and then the price will move to resistance at $27.26. At this point, it is worth including the EMA Cross 200, which indicates that the ETC attempted to return to a strong uptrend, but it was a false break and a quick return. The CHOP index indicates that there is a lot of energy for the upcoming move, the MACD indicates the continuation of the downward trend, while the RSI has approached the middle of the range, so the move will be based on BTC price jumps.
by cryptodailyuk
99 Next for DXYHey Traders! 👋 For Day 44/100 of our challenge, we will look at where the bearish Dollar will go to next Technicals: - 190-day range broken to the downside - Closure below support - Next key level is 99 - Expecting 99 this coming week but can potentially struggle to close below it Fundamentals: - With a soft inflation print last week and also highlighting decline in inflation across the board, it gives the Fed less reason to follow through on their "two more rate hikes" plan. This will cause the market to reprice "some" of the hope built up on this statement by the Fed and may even continue to reprice the rate cut bets this year. We're bearish on the dollar for the week ahead. Have a nice Sunday ☀️
TVC:DXYShort
by rob_WRLD_
Cryptocurrencies and Market Psychology (long Review)How do we determine whether the Cryptomarket will rise or fall, at what point of the trend? I will share my past experiences, thoughts and information I have compiled and evaluate the subject in terms of market psychology. While explaining these as much as I can, I will make use of a lot of data and resources. Roughly speaking, market psychology is the whole of the phenomena that we feel emotionally in the face of the movements experienced and enable us to make decisions in line with them. In other words, it is what we feel in response to price movements. Hence the enthusiasm we feel in response to rising prices in the market and the anger we feel in response to falling prices and losses. Crowds, masses, groups, whatever you call them, act on emotions and impulses. They have a common collective behaviour, separate and distinct from what they feel individually. This is whatever the direction of the market is. Except for exceptions and a certain minority, it is not possible for investors to get rid of this and think differently. You can sense this both from yourself and from your surroundings. When the markets are at their peak, investors are very happy, they invite everyone to join them in this happiness, their faces are smiling, and they believe that they will earn even more in time. ''After an event is repeated two or three times in a row, the "arterior cingulate" and "nucleus accumbens" parts of the human brain automatically expect it to be repeated. if it is repeated, a natural chemical "dopamine" is released and your brain is covered with a soft happiness. So when a stock goes up several times in a row, you expect it to continue, and your brain chemistry changes as the stock goes up, making you feel very happy, so you become addicted to your predictions. But when stocks fall, the resulting monetary losses activate the "amygdala" part of your brain - the part of the brain that drives fear and anxiety and activates the famous "fight or flight" response that occurs in all cornered animals. Just as you can't stop your heart rate from rising when a fire alarm goes off, and you can't stop running backwards when a snake crosses your walkway, you can't stop being scared when stock prices fall.'' behavioural economics after an event is repeated two or three times in a row, the "arterior cingulate" and "nucleus accumbens" parts of the human brain automatically expect it to repeat. if it repeats, it is a natural person. This period of making easy and fast money makes people feel very good. People think that they are very successful and that this will continue. But this is an illusion. The reason why the masses make big and fast money during this period is not their own success, but because the market allows it. The end of these events is usually full of bitter experiences. The 2001 nasdaq crisis, the 2008 crisis, the cryptocurrencies in the last months of 2017, the 2021 bitcoin rally, and the current Turkey's stock are examples of this. Of course, before evaluating these, it is necessary to know what the stock market is, who wins, what is its real face. One of the biggest misconceptions about the stock market is that the new entrant or the less experienced person makes the evaluation only within the period he entered. This is a mistake, what should be done is to analyse the relevant market with its entire history. You've heard the saying, "It's increased 30 times in 2 years, if it goes another 10 times from here. Probably not. This 10 times more thought has been formed in line with the above-mentioned and is not rational. ''If we had bought that coin or stock in time, we were rich now.'' This phrase is also very familiar. Those who invest uninformedly with the discourses of others, people who think that they are distributed free of charge on the stock exchange, crypto, those who think it is a place of easy fast money folding are always in the last link of the chain and are doomed to lose. What has invited these people to the stock market recently is the enthusiasm experienced in the markets. Think about the motivation of people jumping from the top of the shares. It's going up, so let me get in and win. From Daniel Kahneman's book Thinking fast and slow: ''People have the illusion that they are 'making accurate predictions'.'' One of the relevant chapters is below: "So the success of a buy-sell is not due to skill, but to luck. And even when they are presented with evidence of this fact, they ignore it and continue to live the same way. The rest of the story is even more interesting. Algorithms that use only 2 parameters in predictions that largely depend on luck are more successful against people who are fed with more parameters/information. Because human thoughts vary too much according to their body chemistry, and as they are fed with more information, their self-confidence and therefore the risks they take increase and they lose more easily. That means this, For example, when betting between teams x-y, a simple algorithm that calculates the probability of team x winning based on x's score in the last 5 matches and the score in the last 5 seasons against team y, In the long run, it is more successful than a person who knows these two pieces of information and the number of injuries, the weather, the number of fans and who the referee is in that match. Therefore, algorithms using Markov chains make money, while amateurs who are influenced by the sunny weather and make more optimistic choices lose money all the time. Another conclusion to be drawn: Machines are more successful with less information. This makes them superior to humans. Humans are still incapable of comprehending - accepting - even the statistical facts that are shown to them. we are still prisoners of the illusions that our minds play on us.'' People are psychologically influenced by their environment. Explanation: when the stock market was at 1000 points, no one was interested, but now everyone has the desire to become an investor. The same goes for bitcoin. People who I could not convince to buy in the $ 3000-5000 USD range started to ask if it would go between 50-69k USD. The same people now think that bitcoin should never be bought at 16 thousand. All these are not calculated thoughts, they are purely impulsive behaviours. The result of these behaviours is to lose. As long as people and markets exist, these cycles will always continue. There will always be new winners and losers. This is the purpose of the stock market. Now, what are the above-mentioned things useful for us? With all this information, we are trying to find out where we are in the market relative to the peak and when we should exit. In other words, when to buy and when to sell, to find the time to sell. When does the bear market (bear period) start? It starts 1 candle after the peak candle. It is the best selling place. That is, the peak. We use technical analysis, the internal dynamics of the market and the psychology of this market to identify the peak areas (i.e. the best selling points). Remember, we are not trying to analyse point by point. We are just trying to more or less predict the zones and maximise our own profits. Trying to find peaks and troughs is unnecessary and foolish. Buying at average cost and selling at average cost will give you the most effortless profit. Some wrong moves and behaviour patterns that prevent winning: -Rushing to win. -Not having information about the market, not learning. -Being hopeless and negative due to constant losing (not looking objectively). -Looking for back doors, trying to pull the gain forward (emotional or sentimental trade, or margin) -Constantly listening to others without doing enough research, losing and blaming them for mistakes, -Excessive enthusiasm at the top, excessive fear and anger at the bottom. Those who follow the whole market only news-oriented. These can multiply even more. People with these behaviour patterns cannot make money from the market. You have heard it everywhere: "The stock market is a means of transferring money from impatient people to patient people". You will realise the truth of this saying as your experience increases. Of course, this alone is not enough, there are many factors such as the right timing, the right stock coin selection, the moves you will make in the uptrend. But one of the basic disciplines you need to have is patience. Let's go back to psychology and emotion. The masses in the stock market (small investors); are guided and manipulated through emotions. In other words, it is to get your consent on an action that you will not do and to make you take that action. Manipulation is to persuade you for a transaction that is to your detriment. Through various methods, the money in the hands of small investors is collected in the hands of large investors, capital groups, new rich people. In other words, wealth transfer takes place. Thanks to many stock exchanges, commodities, cryptos, parity in the world, these wealth transfers are taking place at any moment. Examine all world markets from past to present, it will be more understandable. Why am I telling so many negative things? Because in order to win the game, we need to know what the game is, what the rules are. You can get away from the news, fuds, psychological attrition movements, manipulations, knowing the rules of the game. It's a kind of self-protection. Once you lose, it's hard to overcome the psychology of it. Emotions come into play. You can be a prisoner of ambition and anger. So you can know these and try not to lose from the beginning or try to get out with less damage. The stock market is an environment where the right information is very valuable, because we come across the most information pollution, ignorant comments, and directive content on the stock market. Even twitter alone is enough for this hollow content. I mentioned the part about the peaks. Enough of this negative information. I apologise that the topics may be a bit intertwined. If we come to the bottom points, the opposite of these are experienced. I have talked about them at length before, they can be read. Let me make a few recommendations. Choose the people you care about carefully. No one has a magic wand or secret information that will make you 100x. Stay away from dishonest people, ignore duplicate scam accounts. There are plenty of paid and unpaid trainings (stock market, crypto) on the internet, spend time on them. Browse books written about the stock market. Try to fill yourself with knowledge. On fundamental and technical analysis, investor psychology, Try to learn about behavioural economics (economics), about the basics of the stock market. Don't depend on anyone, but try to get information from everyone. Also, get to know a little bit about what you are investing in. Do not jump in with gas, with a moment of excitement, just because someone said so. Give importance to past experiences. A lot of experience is important in the stock market. Think medium and long term, not short term. It is not important to earn in a month in a week. It is important to be able to earn and protect it in a year or two years. Consider it as investment and accumulation, not gambling. What needs to be done to win is plain and simple, what is difficult is to apply them.
CRYPTO:BTCUSDEducation
by Cryptollica
4
Matic/Usdt 1D ReviewHello everyone, I invite you to review SOL in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range. Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $22.38, the second support is at $19.68, the third support is at $17.44, and then we have a strong support zone from $15.20 to $12. Looking the other way, we see that the price has reached an important resistance zone from $ 27.14 to $ 32.34, which so far has no strength to break. However, if it manages to exit the descending channel upwards and break through the resistance zone, the next resistance will appear at the price of $38.89. Please look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, MACD indicates that we are in a downtrend, while the RSI has a rebound and we are moving at the downtrend line, which may indicate a larger correction.
M
by cryptodailyuk