doyourownanalysis
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#askSensi $MKR #technicalanalysis
Weekly time frame:
* Support - $998, Resistance - $2017.
Buying pressure is created at $998.
Resistance is in narrow range. Red zone indicates fluctuation. May not be directional movement in that zone.
Next resistance - $2379
Stand: Neutral until close and cross $2018.
#doyourownanalysis #cryptocurrency
Disclaimer: Never believe anyone when it comes to trading, educate yourself and understand what you are doing. My intention was to share my experience in technical analysis. So, take my ideas and do your own analysis, back test as many times as possible. Never blindly go with my idea alone.
Weekly time frame:
* Support - $998, Resistance - $2017.
Buying pressure is created at $998.
Resistance is in narrow range. Red zone indicates fluctuation. May not be directional movement in that zone.
Next resistance - $2379
Stand: Neutral until close and cross $2018.
#doyourownanalysis #cryptocurrency
Disclaimer: Never believe anyone when it comes to trading, educate yourself and understand what you are doing. My intention was to share my experience in technical analysis. So, take my ideas and do your own analysis, back test as many times as possible. Never blindly go with my idea alone.
#askSensi
Cryptocurrency is a volatile instrument. Bring the money which you guys don't need for the rest of your life. You can see a number of people in online preaching like i doubled my investment, i made a huge profit, so and so like that.
As you can see if everyone is making a huge profit, then who is paying for that?
There is always something that needs to be paid,you shouln't be the one who is paying.
Trading drains your psychology deeply rather than making you strong. Very few will make such returns, everyone is expecting a same outcome but we deeply know that the chance is in 1/100th.
So, be happy with small profits, accumulate that. One day you will reach your goal. Cultivate your habit like that, instead of focusing on big returns.
Never chase so many things, pick very few and follow that.
Know your risk and know your reward.
Have a happy day.☺️
#happyday #doyourownanalysis #dyor #cryptocurrency
Cryptocurrency is a volatile instrument. Bring the money which you guys don't need for the rest of your life. You can see a number of people in online preaching like i doubled my investment, i made a huge profit, so and so like that.
As you can see if everyone is making a huge profit, then who is paying for that?
There is always something that needs to be paid,you shouln't be the one who is paying.
Trading drains your psychology deeply rather than making you strong. Very few will make such returns, everyone is expecting a same outcome but we deeply know that the chance is in 1/100th.
So, be happy with small profits, accumulate that. One day you will reach your goal. Cultivate your habit like that, instead of focusing on big returns.
Never chase so many things, pick very few and follow that.
Know your risk and know your reward.
Have a happy day.☺️
#happyday #doyourownanalysis #dyor #cryptocurrency
