Where is the next liquidity direction? This dump has reached its liquidity area. If you look at it based on market volume, it will bounce back up 🚀$BTC $ETH $BNB
get ready octobull the greening period will soon come, don't stay in short positions for too long. because the overall market trend is still bull. remain careful, do analysis and set trading strategies well, prioritize good trading psychology control so as not to be carried away by greed, good afternoon 🚀 $BTC $ETH $AVAX
after the sale there is a big cash and there is a price drop when the price goes down and has a big cash what will the whale do buy back $BTC 🚀 contrarian strategy. next stage level 60800.0 🐋
Sometimes as a trader, even though it's the weekend our hands are still "itchy" to open a trading position. So, what should we do when trading during the weekend when price action is very uncertain?
*#1Reduce risk exposure.**
Weekends have very anomalous price action, it's better to size down or reduce risk when trading. When we usually risk IDR 1 million in each trade, we can size down by 50% to only risk IDR 500 thousand. Reducing risk exposure can reduce potential losses.
*#2Look at the liquidation area.**
During the weekend, smart money often does "liquidity hunt" or liquidates positions from retailers or other smart money. Use various platforms to see the liquidation zone where we can identify where the price will move to pursue its liquidation area.
*#3Altcoins are more preferable.**
During the weekend, many Altcoins do not move according to Bitcoin. During the weekdays, various Altcoins move following Bitcoin and Bitcoin follows SPX. Find altcoins with the highest liquidity (volume) and study their anomalous movements to open a trading position.
*#4Don't let the position "overnight".**
Try to close the position on that day when trading on the weekend. Don't let our position stay overnight or not be closed overnight or more because when it changes to weekdays, SPX and the open stock price will automatically mess up the trading plan that we have made.
As is known, Bitcoin has suddenly fallen to 59K because there is a liquidity area there and now it will go to level 61K, the liquidity area is there 🚀🫵🏻🐋$BTC $ETH $BNB
that's how the game exploded, right? 🤣 Those who follow me have already made a profit, don't be too greedy, be careful 🐋 $DOGE
pengamat crypto
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Bullish
it seems like i made a mistake why i cut profit in the middle even though it was flying so high but never mind the most important thing is still profit 🚀🚀🚀 $DOGE
it seems like i made a mistake why i cut profit in the middle even though it was flying so high but never mind the most important thing is still profit 🚀🚀🚀 $DOGE
The Fear and Greed Index is a measure used to gauge investor sentiment and stock market movements. The index was developed by CNN Business and is based on the logic that excessive fear can drive stock prices down, and excessive greed can have the opposite effect. The index can help market participants understand market sentiment and control emotions, as well as make decisions.
The Fear and Greed Index produces a number between 0 and 100, with 1 indicating extreme fear and 100 indicating extreme greed. A score of 0 to 49 indicates that the market is undervalued and oversupplied, which can be a good time to buy. A score of 50 to 100 indicates that cryptocurrencies are overvalued and may be in the midst of a bubble, which can be a sign that the market could correct in the near future.
The Fear and Greed Index is calculated using several metrics, including volatility, market momentum and volume, as well as social media sentiment.
if you look at it from here, it seems that the market has entered a phase of oversold, too many people are afraid. this is a good move for whales to fire funds for bullish momentum, due to sufficient fuel availability 🚀🚀🚀🚀
according to the analysis based on fundamentals, it seems like btc has reached its target to refuel, it's time for btc to escape to fly 🚀 towards 70K while waiting for the Fed's FOMC schedule on September 18, 2024 which will make it even more boom 🚀$BTC $ETH
pengamat crypto
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Bearish
$BTC before doing further increase btc must correct to 63K first at most 62800.0 if seen from the liquidation map. reset again and keep dyor