Good evening friends, it's been a while since I posted here, here's something purely speculative and serves as advice for those who are just starting out and are finding the market as it is.
Volatility Expectation: Volatility is an intrinsic characteristic of the cryptocurrency market. In the next three days, we can expect sharp price movements, especially in coins with lower capitalization and liquidity.
Regarding prices, they can vary:
Possible Correction: After an upward movement, it is common for there to be a correction, especially if the market is in overbought territory.
Sideways Movement: If there is no major news or events, the market can move sideways, without major variations, with traders waiting for the next impulse.
Impact of News and Market Sentiment: Sudden news, such as partnerships or cyberattacks, can strongly impact prices.
Monitoring reliable sources and social networks can provide signals of how the market may behave.
Keep an eye on rumors, as they often fuel the speculative market.
Technical Analysis: Support and Resistance: Identifying support levels (where prices tend to stop falling) and resistance levels (where prices tend to stop rising) can help predict short-term reversals.
Momentum Indicators: Such as the RSI and MACD, which can indicate turning points when they show divergences in relation to price.
We can expect sudden price movements, either up or down, but I advise you to keep an eye on Bitcoin as its price variation dictates a lot of market movements
