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Mantsa888
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Guess the word of the day and earn points. I have already guessed two
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Mantsa888
@Square-Creator-72fe14e037f9
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When I was looking at the chart yesterday evening it was the nice steady rising wedge towards 100k. This morning I was suprised (but not really) to see the effort of the big players not to release this crypto giant higher. Today we can see two scenarios. Or another push down to the trendline (orange) to 97k or crawling between 97600 and 98600. Do you think Monday will be bullish and we will bump into 100k or bearish and #BTC will dump again? #CryptoReboundStrategy
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Christmas is time of joy and optimism. Perfect day to see green again. Will this be just a short breakout or bullrun everyone are promising? Santa Claus will bring the answer and, as with christmas gifts, you have to wait until morning 😉🎄 #MarketRebound #ReboundRally
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The drop yesterday was not unexpected since the trend on all crypto is downward. ATH was on December 8th and market needs some cooling down. Only the exact dates for the pullbacks are not available. Depending on when you entered the market you get the results. If you entered your positions on December 6th you hade a very painful experience right now. Hoping that after a month of more than 50% growth this will continue withoit down time... it is expensive hope but valuable lesson. When in doubt zoom out. Always check the environment you are entering. Check the trend and look the weekly and daily chart. You will have much clearer insight than on hourly chart. There are many good writers on Square. Do your research, find the ones who are not using AI to write their post and are on the market far longer than you. They usually made same mistakes in their beginning than you are doing now. They are also the proof that patience, learning and determination pays off. At least on the long run. #MarketPullback #NewinCryptoWorld #2024WithBinance #ChristmasMarketAnalysis
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I have learned that every long wick gets "another visit". I don't bother so much with understandig why it is so but I do know that sooner or later it will happen. If you look at the graph of a BTC you can notice one wick from the December 9th that is waiting for a visit at 90.000. When? I don't have a crystal ball but that doesn't mean that I am not ready 😉 What about you? #BTCNextMove
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What goes up, eventualy comes down. If you entered your positions last week in hopium for bigger gains you got just the opposite. The bigger the expectation deeper the fall and disappointment. Beware of the trading traps and stress related volatility on the crypto markets. If you have patience you will now wait. Market are cyclic and maybe prices will crawl back over a month or maybe they will rise like a pohenix in couple of hours. This is the risk. If you don'like risk then it is better to invest in some something more solid and sure. As always - do your research, follow the mentaly sane, emotionaly stable advices and leave crazy hopium sellers alone. #MarketCorrectionBuyOrHODL
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