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Lonna Caspersen APF
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Bullish
"Don't be afraid, don't be greedy, be cautious"
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Checking the H1 frame is something I do rarely. Because the noise is very high. But to see what BTC is doing, sometimes I take a look. Of course, I don't play Futures. Using leverage with a market that has a large price fluctuation like Crypto is very dangerous. I analyze and share it so everyone can see together and predict.
Currently, there are 3 things to note in the short term:
- The price has increased and tested FB 0.382 and has turned back
- The price has tested HMH in the D frame for the 4th time this afternoon.
- And the price is running in the upper frame of MPF
So in the short term, the price may hold steady in this area. And create momentum to go up, the candles all show buying power > selling power, there may be absorption of sellers in this area.
However, because this is the H1 frame, as I said, the noise is very high. The price may accumulate here to go up, or it may accumulate to try to breakout HMH one more time. Therefore, the advice remains the same, during this period, it is not advisable to long/short. Wait for clear signals. If you haven't bought altcoin, this is not the time to buy; if you haven't sold, this is also not the time to sell.
Some people will say this is a good time to buy, some will say to sell because BTC will crash. That is not correct; at this area, the price is just in a phase of testing again, we cannot be sure whether the price will go up or down when it is at this price level and there are no clear signals yet 🙏 Stay calm!
Good night!!!
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Checking the H1 frame is something I do rarely. Because the noise is very high. But to see what BTC is doing, sometimes I take a look. Of course, I don't play Futures. Using leverage with a market that has a large price fluctuation like Crypto is very dangerous. I analyze and share it so everyone can see together and predict.
Currently, there are 3 things to note in the short term:
- The price has increased and tested FB 0.382 and has turned back
- The price has tested HMH in the D frame for the 4th time this afternoon.
- And the price is running in the upper frame of MPF
So in the short term, the price may hold steady in this area. And create momentum to go up, the candles all show buying power > selling power, there may be absorption of sellers in this area.
However, because this is the H1 frame, as I said, the noise is very high. The price may accumulate here to go up, or it may accumulate to try to breakout HMH one more time. Therefore, the advice remains the same, during this period, it is not advisable to long/short. Wait for clear signals. If you haven't bought altcoin, this is not the time to buy; if you haven't sold, this is also not the time to sell.
Some people will say this is a good time to buy, some will say to sell because BTC will crash. That is not correct; at this area, the price is just in a phase of testing again, we cannot be sure whether the price will go up or down when it is at this price level and there are no clear signals yet 🙏 Stay calm!
Good night!!!
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