#ORDI/USDT Nearest support $42-$40 Nearest resistance is $54 Next target $47-$50
*DISCLAIMER* The chart in the image is just an example, the up/down movement of a price is not always correct, especially altcoins which are easily affected by the up/down movement of BTC
Yg ditunggu2 semua org adalah saatnya altseason krn sebagian besar retail hold altcoins dibanding BTC itu sendiri krn keuntungan yg di dpt sangat besar, money flow di crypto: 1. BTC season 2. Altcoins Large Cap 3. Altcoins Mid Cap 4. Altcoins Small Cap
Indikator RSI yg paling populer digunakan untuk melihat pergerakan market apakah sudah menyentuh zona overbought atau oversold sebagai indikasi untuk jual ataupun beli
When the market breaks down the trendline line and does not form another HH but falls below the previous HL or forms a Lower Low (LL), make sure to open a short position at the retest resistance and place a stoploss above the previous HH
Take a look at the weekly chart on last week's BTC candle which indicates that the strength of buyers is high and will push the price even higher in the next candle.
A good opportunity to accumulate altcoins before they rise high, if BTC.D breaks down from the Rising Wedge pattern and the BTC price rises then the altseason will start immediately
The bullish pattern is formed after the bearish phase ends which is marked by a breakout pattern. If you want to open a long position, make sure the market has been confirmed with a retest. There is a fear of a fakeout occurring.
When will the market experience bearish? It is necessary to know several patterns that are usually formed before the market experiences bearish, which can be used as momentum for traders to open short positions which of course can make maximum profits even though the market is bearish.
You also need to understand the behavior of supply & demand for an asset in the market, when demand is high then the price will move bullish but if supply is high then the price will move bearish
Penting nih bagi kalian yg baru belajar kripto harus mengetahui beberapa pola candlestick supaya tau kapan market itu akan mengalami bullish maupun bearish #cryptotrading
Look at the movement of BTC for the next few days, if it breaks out and closes above $28,000 then enter plan A, if it fakes out and closes below $28,000 then enter plan B
When BTC dominance decreases and BTC prices rise, that's where most of the altcoins go up, if BTC dominance increases and BTC prices fall then all altcoins dump