Bang Azmi Crypto
@azmi47
berbagi pendapat dan pengalaman dalam trading cryptocurency. tg : @cryptoupdateofficial #DYOR
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yt Bang Azmi Crypto
Tip Binance ID : 35807812
tg cryptoupdateofficial
yt Bang Azmi Crypto
Tip Binance ID : 35807812
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My mandatory advice for those of you who trade in the futures market
"NEVER OPEN A POSITION AND HOLD WITHOUT A STOP LOSS"
Trading in the futures market without a stop loss is the same as waiting for liquidation, especially for those of you who like to use cross margin, your capital can be completely liquidated. So it's a good idea to set a stop loss and profit target on every position you open. Remember that stop loss is part of trading that you must accept wisely. A position that is hit by a stop loss does not mean failure, but that's in trading, right?
"NEVER OPEN A POSITION AND HOLD WITHOUT A STOP LOSS"
Trading in the futures market without a stop loss is the same as waiting for liquidation, especially for those of you who like to use cross margin, your capital can be completely liquidated. So it's a good idea to set a stop loss and profit target on every position you open. Remember that stop loss is part of trading that you must accept wisely. A position that is hit by a stop loss does not mean failure, but that's in trading, right?
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THIS IS THE 2021 BULL MARKET
Bitcoin has experienced several corrections of 20% - 40%. So don't assume that if the market has started a bull run it won't go down, the correction is necessary for the market to increase liquidity so that the increase can be maximized. In the future, there will also be frequent corrections like what you saw yesterday, and what you need to understand is that if BITCOIN corrects and bitcoin is dominated by pumps, then it is common for altcoins to fall deeper than BITCOIN because in reality the real crypto is BITCOIN and other coins commonly known as altcoins are just complements made to complement the shortcomings of BITCOIN and each coin that is created usually has the aim of complementing the shortcomings of other blockchain coin networks (different story with micin or memecoin).
Bitcoin has experienced several corrections of 20% - 40%. So don't assume that if the market has started a bull run it won't go down, the correction is necessary for the market to increase liquidity so that the increase can be maximized. In the future, there will also be frequent corrections like what you saw yesterday, and what you need to understand is that if BITCOIN corrects and bitcoin is dominated by pumps, then it is common for altcoins to fall deeper than BITCOIN because in reality the real crypto is BITCOIN and other coins commonly known as altcoins are just complements made to complement the shortcomings of BITCOIN and each coin that is created usually has the aim of complementing the shortcomings of other blockchain coin networks (different story with micin or memecoin).
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$DOGE
Experienced a decrease of ±16% after breaking the Rising Wedge pattern
Experienced a decrease of ±16% after breaking the Rising Wedge pattern
$DOGE DECEMBER 7, 2024
It looks like a bearish Rising Wedge pattern is forming on the 1D time frame
It looks like a bearish Rising Wedge pattern is forming on the 1D time frame
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Until when is the Bull Market?
Here, if we draw a conclusion by looking at the history of the previous bull run, then the possibility of a bull market could be until December 2025.
=> Bearish to bullish 2013 - 2017 lasted for 1491 days
=> Bearish to bullish 2017 - 2021 lasted for 1431 days
= If we assume bearish to bullish 2021 - 2025 lasted for 1491 days, then we find the end in December 2025
Note: This is just an estimate based on the history of the bull market that BITCOIN has gone through. What needs to be remembered is that each bull market will have its own characteristics, it will not be 100% the same considering the increasing adoption of crypto over time, of course the increasing adoption of crypto will cause greater demand. And in economic law, the greater the demand, the more expensive the price will be, so this bull market could be crazier than the previous one considering the massive adoption of crypto.
This can be used as a reference to estimate when we should start exiting the crypto market and start accumulating after a 70% - 95% correction from the ATH that will be formed in this bull market.
Here, if we draw a conclusion by looking at the history of the previous bull run, then the possibility of a bull market could be until December 2025.
=> Bearish to bullish 2013 - 2017 lasted for 1491 days
=> Bearish to bullish 2017 - 2021 lasted for 1431 days
= If we assume bearish to bullish 2021 - 2025 lasted for 1491 days, then we find the end in December 2025
Note: This is just an estimate based on the history of the bull market that BITCOIN has gone through. What needs to be remembered is that each bull market will have its own characteristics, it will not be 100% the same considering the increasing adoption of crypto over time, of course the increasing adoption of crypto will cause greater demand. And in economic law, the greater the demand, the more expensive the price will be, so this bull market could be crazier than the previous one considering the massive adoption of crypto.
This can be used as a reference to estimate when we should start exiting the crypto market and start accumulating after a 70% - 95% correction from the ATH that will be formed in this bull market.
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Altcoin Season Index : 63
Hopefully Q1 can be 90+ so that altcoins can out perform. Then should we wait for Q1 to start buying or stocking altcoins?
My Answer: Accumulate altcoins that you think are good and have the potential to perform in this bull run from now on while it's not too late, if you enter when it's already performing, FOMO will fall and usually those with FOMO will panic if they get carried away by a slight correction.
Come on, who likes that?
Hopefully Q1 can be 90+ so that altcoins can out perform. Then should we wait for Q1 to start buying or stocking altcoins?
My Answer: Accumulate altcoins that you think are good and have the potential to perform in this bull run from now on while it's not too late, if you enter when it's already performing, FOMO will fall and usually those with FOMO will panic if they get carried away by a slight correction.
Come on, who likes that?
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BITCOIN DOMINATION
BITCOIN dominance has been moving parabolic for approximately 3 years starting from August 2021 and it was broken last November. This is very good for ALTCOIN movement in the next 1-2 years. Start stocking altcoins or be a spectator in the next few months (that's each person's choice).
$LINK $DOT $TKO
BITCOIN dominance has been moving parabolic for approximately 3 years starting from August 2021 and it was broken last November. This is very good for ALTCOIN movement in the next 1-2 years. Start stocking altcoins or be a spectator in the next few months (that's each person's choice).
$LINK $DOT $TKO
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5 days ago I shared TA for $XRP and it is quite in line with today's market conditions. Hopefully someone will benefit from what I share here.
Don't forget to follow.
tg cryptoupdateofficial
Don't forget to follow.
tg cryptoupdateofficial
Simple TA $XRP
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It turned out to come so fast🤪
Not trying to scare you or FUD, guys.
Try to be more careful for the next 1-3 weeks for buy or long positions, reduce the size and keep holding some USDT to scoop the bottom.
Q. Why is that bro?
A. It seems that Bitcoin's dominance has dropped sharply in the last 3 weeks, I'm afraid there will be a temporary pump time in the next 1-3 weeks. And what's a bit scary is if BTC's dominance pumps and $BTC drops, altcoins could feel quite discounted.
Conclusion: Keep holding some USDT to scoop the bottom, reduce the size for long futures positions, and don't forget to always use stop loss on the futures market.
In terms of the big long-term trend, the market is still early bullish and the journey is still quite long, but there will always be something called a correction to take a breath so that it can fly higher (that's natural).
Try to be more careful for the next 1-3 weeks for buy or long positions, reduce the size and keep holding some USDT to scoop the bottom.
Q. Why is that bro?
A. It seems that Bitcoin's dominance has dropped sharply in the last 3 weeks, I'm afraid there will be a temporary pump time in the next 1-3 weeks. And what's a bit scary is if BTC's dominance pumps and $BTC drops, altcoins could feel quite discounted.
Conclusion: Keep holding some USDT to scoop the bottom, reduce the size for long futures positions, and don't forget to always use stop loss on the futures market.
In terms of the big long-term trend, the market is still early bullish and the journey is still quite long, but there will always be something called a correction to take a breath so that it can fly higher (that's natural).
See original
Not trying to scare you or FUD, guys.
Try to be more careful for the next 1-3 weeks for buy or long positions, reduce the size and keep holding some USDT to scoop the bottom.
Q. Why is that bro?
A. It seems that Bitcoin's dominance has dropped sharply in the last 3 weeks, I'm afraid there will be a temporary pump time in the next 1-3 weeks. And what's a bit scary is if BTC's dominance pumps and $BTC drops, altcoins could feel quite discounted.
Conclusion: Keep holding some USDT to scoop the bottom, reduce the size for long futures positions, and don't forget to always use stop loss on the futures market.
In terms of the big long-term trend, the market is still early bullish and the journey is still quite long, but there will always be something called a correction to take a breath so that it can fly higher (that's natural).
Try to be more careful for the next 1-3 weeks for buy or long positions, reduce the size and keep holding some USDT to scoop the bottom.
Q. Why is that bro?
A. It seems that Bitcoin's dominance has dropped sharply in the last 3 weeks, I'm afraid there will be a temporary pump time in the next 1-3 weeks. And what's a bit scary is if BTC's dominance pumps and $BTC drops, altcoins could feel quite discounted.
Conclusion: Keep holding some USDT to scoop the bottom, reduce the size for long futures positions, and don't forget to always use stop loss on the futures market.
In terms of the big long-term trend, the market is still early bullish and the journey is still quite long, but there will always be something called a correction to take a breath so that it can fly higher (that's natural).
See original
$ETH SEASON
Possibly Q1 2025 ETH should be able to achieve a new ATH ±22% towards ATH 2021
Possibly Q1 2025 ETH should be able to achieve a new ATH ±22% towards ATH 2021