#BANANA'S CONTINUATION OF ITS PATTERN: WHAT'S NEXT?
Before that, let me tell you something...
So a trader asked me. Why don't you do trades a week before and after the closing and opening of a month?
Simple answer is.
Monthly buying happens if the month closes bearish and monthly selling happens if the month closes bullish.
These normally happens a week or more in the crypto market.
Even when you hype me up with major news on major resistance, it won't make me budge.
Since I know for a fact that it will just follow the same traditional way of trading (but with slight twist called volatility).
Opportunities aren't given, you open them.
Now, let's talk about BANANA.
BANANA has been consolidating from 41-77 which has caused many to be trapped in between these shakeouts. Although, scalpers wouldn't likely get caught by these traps since scalping works like a charm on a market that's just ranging. Just like what we did with our long trade, we immediately took the 3.98% profit when we've realized that the next support level will be tested by BANANA. So, with a market scenario like this. It would be best to continue looking out for potential ranging movement.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
