Several of the few followers I have thanked me for the warning I gave yesterday about the selling region of 72.5 at $BTC Since then, that has been the barrier for the price. And now, what can we expect?
Analyzing the monthly chart, we can interpret that all the important points below 60,000 were liquidated. Note the number of wicks that formed from there. Now, what I expect is a top test. That is exactly what we are seeing. The price has everything to establish new highs during the following month. However, it is important to emphasize that we can see a month of November starting with correction. Analyze the monthly candle. See where your points of interest are and work on that. Remember the theory of efficient vs. inefficient markets. FVG, GAPS, Wicks... several of these elements give us clues as to where we can go in the next stage. #Bitcoin #BTC
Good morning, everyone. Is everything okay? As you know, I am long $AKRO . So far it has only fallen, but it is within the predictions I analyzed when deciding to buy. Here are some facts about my position:
Current AKROUSDT Chart
I made good entries, I had timely exit opportunities. I made a small part of them. However, I want long-term and long stretches, so most of them remain in the position.
My NLP in AKROUSDT (negligible, by the way) This is my update. Next week I will bring news, or in the face of some great volatility.
I don't share opinions, because I believe that each of us should make decisions on our own. We should never be influenced and put our money on the advice of a third party.
That said, the currency I'm putting a position in and am very interested in is $AKRO .
I don't know much about the fundamentalist part or the project itself. Everything I need is on the chart. Scientifically speaking, it's the most accurate way to extract information. That's enough.
The purchase is motivated by a few aspects:
1. If you look at the monthly or even annual chart, you'll notice, when you draw its Fibonacci lines, that the price has reached the bottom of a significant retracement: -0.118.
This is usually a level that marks bottoms or tops (when 1.118).
The touch on this level tells me that they want to go back to 0.02. It would be a big rally until then. Almost 800% in most positions.
2. The second reason that makes me want to buy is the monthly/weekly price structure.
Regions of interest, such as FVG, Gaps, V-shaped wicks... all of them are points of interest and trigger reactions from the algorithm.
I note these points on larger charts and try to act on smaller ones.
Whether I'm right or wrong, only time will tell.
Is there anyone else out there positioning themselves in #Akropolis there? What do you have to share?