The Difference Between Market Prediction and Analysis in Crypto Trading
In crypto trading, understanding the distinction between market prediction and market analysis is essential for making informed decisions. Market Prediction: Speculative Forecasting Market prediction involves forecasting future price movements based on external factors like economic conditions, regulations, or major events. These predictions are speculative and rely on fundamental analysis, which looks at variables such as market demand or technological advancements. However, due to the unpredic
The data show most strong resistance levels at 3.156 to 3.204 and 3.390 to 3.462.
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$JTO On December 15th, I provided potential price ranges where JTO could drop, and the market has since respected those levels precisely. Currently, I have identified several strong resistance zones that could come into play if the market shifts upward. The first range is approximately between 3.0 and 3.2. The second range lies between 3.4 and 3.6. The third range is around 3.8 to 3.9, and the highest level I anticipate is between 4.0 and 4.1. Please note, these ranges are estimates based on my analysis, assuming the market gains upward momentum.
$JTO On December 15th, I provided potential price ranges where JTO could drop, and the market has since respected those levels precisely. Currently, I have identified several strong resistance zones that could come into play if the market shifts upward. The first range is approximately between 3.0 and 3.2. The second range lies between 3.4 and 3.6. The third range is around 3.8 to 3.9, and the highest level I anticipate is between 4.0 and 4.1. Please note, these ranges are estimates based on my analysis, assuming the market gains upward momentum.
$JTO The crypto market may be down right now, and many are feeling the pressure, but rememberāchange is inevitable. This dip could be a blessing in disguise, as the next phase is bound to be an upward trend. If you're a spot trader, you're in a solid position to ride out the storm and benefit from what's coming next. Stay patient and stay smart!
$JTO For all those folks who missed my earlier comment that i posted on 15 dec:
"Possible rebound expected near the range of $3.2 to $3.5 and if not it can further drop around range of $2.7 to $2.9 with high chances of rebounding from there, yet still fails to do so then expect a drop somewhere in the range of about $2.2 to $2.5 until it regains a positive momentum."
Do not panic, manage your risk and wait for the right moment.
Why Small Crypto Investors Should Focus on One Coin with Backup
If you're a beginner in crypto and have limited money to invest, it's easy to get excited about buying many different coins. However, this can lead to mistakes, like spreading your money too thin and running out of backup funds. If you only have $100 to invest, itās important to be smart about how you manage your money.
The Problem with Investing in Too Many Coins When you invest in many coins with a small amount of money, itās hard to keep track of each one. You may also not have enough backup
$JTO For those who missed my earlier comment, the 3.5 to 3.2 range is critical, as it indicates a strong potential for a trend shift, either up or down. Keep a close watch, as the price has now reached the approx 3.5 level.
$JTO has been moving sideways recently, reaching the critical range of approx 3.5, as Ä° mentioned earlier. The current pattern shows mixed signals, with both short-term downward pressure and longer-term upward potential.DCA incase it drops further.
Why Small Crypto Traders Should Prioritize Spot Trading Over Futures
For small crypto traders with limited capital, the temptation of futures trading can be strong due to its potential for high returns. However, based on my own experience, I advocate for spot trading as a safer, more sustainable approach. Here's why: ### The Risk of Futures Trading Futures trading involves using leverage to speculate on price movements, which can lead to significant losses if the market goes against your position. With limited capital, the risk of liquidation or margin calls is h
$JTO Possible rebound expected near the range of $3.2 to $3.5 and if not it can further drop around range of $2.7 to $2.9 with high chances of rebounding from there, yet still fails to do so then expect a drop somewhere in the range of about $2.2 to $2.5 until it regains a positive momentum.