The atr is very low right now, which means crypto is going to be very volatile in the coming weeks... I'm a little bullish on the crypto market because i'm bearish on DXY. The best way to profit is not future but crypto option and volatility derivatives on FTX
Hi guys don't forget we're still in the middle of a bear market! But since merge of ETH will be in next month, if you want to short, making sure you only use a small porpotion of your funds!
I assume that BTC has entered the bearish flag And this is how it migh move in the future weeks
Here're two most possible ways of the movement of BTC in the short future. After it reaches 35000, another round of dumping might take place
Now I believe we're in the middle of bear market. There're more and more money leaving the market. Rebound in bear market is very strong so don't be fooled and long above 35K
As descruibed in my prior charts, BTC has break the most important resistance for now. So I'm switching to ONLY-LONG mode. I'll try to long around 46500 with a small stop loss to increase my leverage. Though I'm not so sure, I'm sensing a short bull run. Control your risk so you won't lose all your money before bull market.
The chart can show you there's a great opportunity to short NIO, only a very small stop loss needed. This idea is only based on technical analysis, I haven't read finnacial statemtents of NIO nor had any deep insights on this industry
Hi according to my analysis another pumping is very likly coming soon. You can long now and put your stop loss point around 37500. The total loss would be around 2%*your leverage.
You don't need a prediction to trade, you need a strategy. I'll probably short around 45800 stop loss at 46200 If btc could break the resistance I'll continue to long
Now I think it is the temporary bottom. You can buy everything now with a very now leverage (1.5 - 3 times)
For example, now, we already tested resistence and support. So all we need to do is to long when btc drops to support and short when it rises to resistence. Never forget to put a reasonable stop loss point and make sure everytime you trade your target profit is much larger than your target loss. So right now I choose to long btc, stop loss when it breaks the...
There're 2 possible movements in near future. I'll observe the market around 51.5K then I'll decide whether to long or short, though right now I think that BTC will rise to 51K-51K then fall again
After weeks of dumps, I think now BTC will finally have a recover. But I'm not sure how high it'll be. Say 51K perhaps ?
There're 3 possible ways how market will move in the short future According to me and indicators I chose, the possibility 2>1>3 But this may change over time since market changes all the time
This is my prediction for BTC. It is very possible BTC continue to rise in the short future. But would it have enough energy to break resistance to reach new ATH ? I'm not sure. What do you think ?