THE MORNING STAR YOU NEED TO CHECK BEFORE IT PUMPS!
There are many crypto enthusiasts anticipating their favorite altcoin to have a major boost. Albeit, only a few of them would analyze the overall technical, fundamental and sentimental factors surrounding their favorite alts.
This is where the tough challenge starts for every trader.
There is no exception. Everyone who is in the market have this tough challenge. Although, the real challenge isn't how you identify where it would pump. It is how you will 'react' when it reaches the certain price you and your altcoin have been waiting for.
There are no magic in the cryptocurrency market. You have to analyze everything yourself. Let me give you an example. This 1 particular token has already been trading closely to the morning star it has created. It signifies that a possible bullish reversal will soon happen, a really huge one. If you have already identified this token, congratulations. You just found a gem.
Now, what does this morning star really mean aside from being just a signal for a reversal point?
This morning star isn't just some symbol or an insignificant logo in the market. Instead, it will show you the sentiments of buyers and sellers in that certain price. Morning star was formed? Buyers and sellers fought in a long time in that price level. Who won? Buyers devoured the entirety of selling pressure. How do you know this? It's simple. The price didn't go down beyond that level. Now, it's up to you to research the fundamentals of the token I'm talking about.
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.
