I liked the explanation, very good class, I buy BTTC every two weeks, I usually buy something around 74 million every two weeks, let's get rich togetherđ
Will Rodrigues
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Bullish
#BTTC: You must be wondering why BTC didn't make another move to break 191, right?
Come on, BTC works like this.
It goes up, makes a correction, then supports,
lateralizes, to break the top.
BTTC has provided support in all its rises.
Now it is providing support at 153/162.
When it finishes supporting, it will seek 191, and will lateralize at 186/190.
When it breaks the top of 191, it will seek its historical top of .226.
Oh, but will BTC explode?
Breaking 313 will be very difficult in this Halvy, but nothing is impossible.
Its biggest move will be when it breaks 313.
Why do I say this?
Every currency has barriers in its path. 313 is a difficult top to break.
It needs a lot of investment to break through.
What is support formation? A support formation is a region where the cryptocurrency parks to form a bottom, where it can raise a lot of money in that support, if a high correction comes, it can resist in that region and not fall brutally.
Breaking the top requires a lot of investment, buying after buying, to continue growing.
So here is the image of support formation, lateralization, and so on. BTTC will only rise strongly when its lateralization hits this blue follow-up line.
So you say, "I'm going to buy because it's close and it's going to go up." Calm down, amateur. Not quite. What if, when BTC reaches the blue line, BTC makes a correction? It will fall and you may miss a great opportunity to buy cheaper.
You have to invest broadly. If your currency falls, invest more. If it falls, invest even more, because when it rises, you profit and recover what was devalued. So you see it falling, sell?
Be very careful, in my inexperience I am not a millionaire because I sold too much and at the wrong time.
Now let's be more calculating.
I hope I have helped those who were patient enough to read.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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