Another cryptocurrency market secret that most people would overlook until it's too late! (THIS WILL CHANGE THE WAY YOU DO YOUR TRADES)
Let's begin by acknowledging that the cryptocurrency market is incredibly erratic and that only a small percentage of people are aware of this one strategy that can generate substantial profits.
Traders who consistently ignore the reality that these turbulence has offered, but mistakenly believe that volatility is the reason they are losing a lot of money. For individuals who are great observers and patient before acting, volatility offers a chance. It involves more than just the market's general trajectory. Rather, it is also admitting that a market may veer back in the other direction from the one it has been following for too long. Therefore, traders' desire for higher prices to sell off or for prices to be at their lowest feasible price to purchase at a bargain is not the cause of volatility. The reality is that, in addition to mindlessly following the trend, one should anticipate when it might veer off course and decide, "Let's stop and maneuver."
STRUGGLING TO BREAK? IF AND THEN, THIS MIGHT BE IT!
If you notice how much the struggle for 1 token is. May it be in breaking down the support or breaking through the resistance. Then, there must be something that it's telling you.
It's simple.
Hard to break? It's testing the limits/capabilities of the resistance or support. If it's hold is really strong, then, a possibility to stop the attempt of breaking down or breaking out will most likely happen. You can also relate this with buyers' interest to keep the price at the same level and sellers' disinterest at the current level of price since they want to sell at a higher zone. By the time, you acknowledge these common facts. You will get a glimpse as to the possible next price action of a token. Always remember, your opinion in the crypto market regarding as to where it will go doesn't matter. What matters is the overall sentiment of the market and its consumers.
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.