Bitcoin / Tether forum
BTCUSDT "This is our next target. Follow us for updates and accurate insights."tradingview.com/x/9Liqq0xU
BTCUSDT can we go to ATH before new year?
BTCUSDT I often compare trading to playing the quarterback position in American football. You can be a master at your craft watching price action, indicator systems, and execution of entries/exits. However, you are still relying on your teammates to do their part too. In the markets, your teammates are either the bulls(buyers) or the bears(sellers). You can make the perfect throw(A+ entry setup), and still your team can drop the ball. Your offensive line(support or resistance) can get you sacked(stopped out/liquidated). Many things can go wrong that are outside of your control no matter how good you are. It's always important to remember that no matter how experienced.
BTCUSDT looks classic inverted H&S in 2H TF.BTCUSDT Critical 4 hour close as well as the daily close is soon upon us. Simple price action analysis says what was resistance is attempting to be established as support. The number is rather arbitrary. The only thing that really matters is the reaction a buyer and a seller is having in an area of conflicted value. Indicators give you valuable information, but they can also distract from what really matters. The way that price is moving in real time. There are times basic naked chart price action analysis will keep you from entering a bad trade that your indicators are suggesting you should take.I will add that in order to get the most out of an indicator you first should be able to see value in the photograph I posted even without the line drawn. The wicks, bodies, opens, closes, and amount of times a candle changed from green to red(this can't really be backtested and is why live spectating/trading is critical) is extremely important.
BTCUSDT Currently, the market is showing signs of a potential downward movement. Please stay cautious and adjust your positions accordingly."follow my professional profile to be updated about next trades.
BTCUSDT.P I had called 105k the peak for this cycle. We had a wick to 108k and now we’re down. I still think this cycle is over for BTC. Price will move down towards 75k for the start. And ofcourse we have a CME gap at 77k that needs to be filled sooner or later. Can price go back up to even around the previous ATH before going down?Maybe, i’m not a magition to predict the market maker. But considering the bigger picture, it will go down anyways. Forget moon and 🚀 and parabolic for now. We’ve had enough.And, one more fact, anyone trying to give you signals here or anywhere and you open a position without knowing what you’re doing, you’ll definitely going to loose your cash.💰
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BTCUSDT feels like this altcoins will rise and BTCDOM will cool off