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Quick question about Matic I want to hear your opinions Is this the bottom or is Matic over?
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The more you study a setup, The more you make it yours, The more you are passionate about it, The more precise you will be. It will cost you sleepless nights spent studying, Whole days spent trading, Lots of market losses and unexecuted trades, But if you are determined and really want to change your life All this will one day pay off. Although it seems difficult and sometimes impossible to achieve, BELIEVE IN YOURSELF and show yourself that you know how to get more out of life. Prove to yourself that you are worth more than the person you are now. And what does this have to do with trading? To become a better trader every day, you need to be a better person than you were the day before.
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The situation gets interesting on Solana👀 Why do I say this just when the price is in the middle of a range and the direction seems uncertain? Because its precisely at times like these that the future of the price is decided. It is decided when it seems boring, uncertain when the algorithm that drives the price is neither in a premium zone nor in a discount zone leaving everyone with a big question mark. Now I'll give you my opinion and there will be ever at minimum 2 visions when you try to analyze the market Why? Because no one can have the arrogance to know with certainty what the market will do and we as investors must be ready for both the best and the worst scenario, so be wary of those who tell you that it will surely go in a single way they are people who ride the emotionality of the moment, not real investors. So, First scenario: August continues to go sideways creating an accumulation of orders that will result in a rise in price likely in September with start of the interest rate cut in the US. This will give rise to the actual bullrun that will continue with the American elections in November. Second scenario: August turns out to be a bearish month and we see Solana's price continue to fall to go back to lower levels of its market structure, levels it has not yet tested since it started rising way back in October last year. This can more easily happen if the Fed doesn't cut interest rates in September. The market will take liquidity from the more bearish areas and then return to the upside with the American elections. Personally I think the first scenario is more likely to happen.
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I'm sure you all know what this is. This is the crypto market. And I'm sure most of you get one thing wrong. You think you're smarter than the market. I'll explain to you how it works: you and I are small fish in comparison to who really moves the market, and if you think the price is being moved by the 'battle' between buyers and sellers, well, you'd better go back to study and wake up from the dream world. The market is driven by big investors and big funds now more than ever. It's an algorithmic market that moves to collect liquidity based on time. Expansion movements have already been set before it they happen. An example? An accumulation phase leads to an upward expansion and you can recognize it with your own eyes by looking at the chart. And that's where the problem lies! You study price action, study market sentiment, read what great expnents and investors say and without realizing it you think you have understood everything. You become too confident in yourself, don't get me wrong, believing in yourself is the key to succeeding in life but if you become too confident that you pretend to know what Larry Fink thinks it is a big problem. Too much confidence in many people becomes arrogance and leads to error. So how to do it? Be humble and accept that even if you understand how the market works it's always unpredictable Market sentiment is a very varied and very volatile parameter in crypto. Today there is FOMO, tomorrow there is FUD The price action helps you to understand what the market is doing and analyze the probabilities of the direction the price will take, but its not 100% accurate Sometimes it will be fine, sometimes it will go wrong But always be humble and keep studying. You dont need to be in Larry Fink's head to make great investments or great trades.
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It's hard to buy the bottom in these dumps insn't it? Yes, it really is. But there is a way to know where the price will stop after the dump? Absolutely yes. This method is called 'price action study' Yes guys, you have to study the price action Obviously its not a perfect science, but it can really make a difference with your trades. Pay attention here: it's not about predicting where the market bottom will be, but where the intraday dump is most likely to stop and you can see a price rebound. As #BTC did.
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ジャスティン・サンが500BTCをバイナンスに、513.4BTCを新しいウォレットに送金
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Binance ニュース RSS フィード統合によって Web サイトがどのように向上するか? メリットをご確認ください。
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