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CRYPTO MECHANIC
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Going to be a Big Day tomorrow. FED interest rate decision and fomc conference. The projection is FED will reduce the interest rate by 25 BPS or 0.25%. i said it multiple times The interest rate cut is bullish for Bitcoin in the macro term but how MM's want to move the market in the short term/post conference. No one knows. Make sure you're not over risked during that period as it can be highly volatile.
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Can you predict the news? Those are NFP , CPI and interest rate decisions. Anyone who is saying i can predict the news is just playing the guess game. News cannot be predicted. Whatever anyone tells you - retail traders never know the future outcome of news. It is true - sometimes Technicals will perfectly align and then News will push the price to TP. And then you'll get traders say:"I told you!". The fact is - you still never know! Every trader has their own approach. Some have been burned by news. Others are profiting from news. What truly matters is that you gather data and see how news works around your trading plan.
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Catizen farming is now live and here is the most amount of information you need to know about the project and my price prediction. **What is Catizen Game?** Catizen games is a mini game built on Ton and Mantle blockchain. Millions of users participated in Catizen game according to their stats the game has 38 million players with 6.2 million daily active players. (Pretty impressive number i would say) **My Opinion On Project** I believe in community based projects it's always the community who makes or breaks a project. Looking at the size of the community i think the numbers are quite impressive and if they keep engaging the community with the project, it can do well. Also i like their strategy of generating revenue from the users. Not every project does that but you have to accept that no project can run without having money in their reserves. This revenue will help the project in their future development and marketing. **My Price Prediction ** The average launchpool coin that launched on Binance has a marketcap of $350-$500 million and $DOGS was launched at $600m marketcap. Lets say CATI launches at $500 million marketcap Catizen total supply is 1 Billion circulating supply 305M Based on my caclulation i think it might be launched at $1.15 - $1.64 And if it launches at the marketcap of $600 million like DOGS the price can be around $2 Farming tokens is literally the free money and i think you can do it as there is no risk. Farm Cati with BNB Farm cati with FDUSD What is your price prediction for cati? #CATILAUNCHPOOL
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Missed the initial move on a coin ? No problem Today i will share with you One of the easiest ways to trade when you miss the initial move on a coin 1- Wait for the price to consolidate around the high 2- Draw a line on that high 3- Entry when the price will close a candle above ( Depending on the timeframe you're watching) 4- Continue to ride it towards the next possible level.Where will be your invalidation ? The same area that you choose for your buy will be your invalidation if the candle closes back below that high, this means the breakout is fake and now you should be managing your risk and exit the trade. Read the details on both pictures. The strategy will work perfectly if you apply it in an uptrend/bullish market not in a downtrend/bearish market.
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