We might see $ETH at 3k in the coming weeks, this will put it above the yearly open. I also believe there is a high chance that #Ethereum might trade to 3500 to sweep out last December relative highs before the end of this year .
Unless there is some kind of black swan event, we will only be seeing a minor retracement do the downside,which is normal, and also a sign of healthy market with an upward potential. Crypto market looks relatively healthy and strong here from a technical perspective. So it might be a dumb idea to be going short longer time.
Like i mentioned in my article, we might see a boring price action(consolidation) in the coming days weeks .But one thing which i don't actually see is #BTC going below 80k again. We could revisit 82k as a Liquidity sweep, which might trick people into going short thinking that the price is going to continue going lower.
The market profile is already on a buying program. So I'd advise you to be cautious going short moving forward .
We might see $BTC at 90k in the coming weeks;which will put us above the yearly open, and 97k or higher before the year closes.
A lot of novice traders struggle to ascertain which trading timeframe is the best. But what they don't know is that their is nothing like Holy Grail timeframe in trading. You may find this difficult to believe, but, your success as a trader largely depends on understanding the trading style that suits you best. It's a natural rule of thumb that, among us humans some are more patience than others. Patience is fundamental to every trading style, ranging from waiting for your setup to materialize to waiting for your analysis to play out. Therefore, gauging your level of patience is crucial to your success as a trader. Some people can hold a position for days or even months, with an unwavering conviction, and that helps them a lot to avoid making irrational decision and maximize their profits. While others on the other hand ,are polar opposite, holding a position for a days feels more herculean than they could handle. And that feeling make them exit a good trade prematurely or even worse, turn a good trade into bad one by impulsively trying to force their bias to the market. On that note, as Trader, your propensity to clearly determine your level of patience is very important. And that is what will guide your decision in choosing the best timeframe relative to your trading style. #Binance #BinanceSquareTalks #BTC走势分析
Bitcoin đã sẵn sàng cho một đợt tăng tiếp theo chưa?
Bitcoin đã sẵn sàng cho một đợt tăng tiếp theo chưa? Dựa trên phân tích của tôi, đợt giảm mạnh gần đây xuống 82k mà chúng ta thấy trên BTC sau khi chạm đỉnh cao nhiều tháng là 87k chỉ là một sự điều chỉnh lành mạnh và có khả năng BTC sẽ tiếp tục xu hướng đi lên. Dưới đây là dự đoán của tôi cho vài ngày tới: Tích lũy & diễn biến giá nhàm chán; các trader bị cuốn vào việc cố gắng short, nghĩ rằng giá có thể sẽ giảm thấp hơn, và rồi đột nhiên chúng ta thấy một cú bứt phá giá lớn lên 90k về phía trên khiến tất cả họ bị “vả” cho tan tác Đừng cố gắng giao dịch ngược xu hướng; xu hướng chính là bạn của bạn cho đến khi nó được chứng minh là không đúng.
Từ hôm nay trở đi tôi sẽ bắt đầu chia sẻ các thiết lập hoàn hảo. Mặc dù hầu hết các thiết lập của tôi sẽ nằm trên Large caps, tôi cũng sẽ chia sẻ các thiết lập trên các low caps nữa...
Hãy đảm bảo bạn theo dõi tôi #alpha BitcoinFallsBelow$83,000
"NO CRYING IN THE CASINO" While this expression may sound a little odd to some people when used in the context of investing or trading Cryptocurrency, as strange as this may sound,it's actually the truth. While Cryptocurrency today is generally considered as a new emerging asset class with room for an exponential growth in the future, its best if treated with extra caution .
Of course every asset class is subject to some kind of manipulation and volatility. However, while some are less volatile ,others tend to be heavily manipulated and as a result very volatile . If for instance we take a look at asset classes like Indices e.g Nasdaq and S&P or commodities like gold and silver, they may be volatile in their own way but you can never see them crashing down to 90 percent of their value in a year not to talk of just a single day. infact they hardly drop to 20 percent of their value(unless its a Black Swan event which may take decades or centuries to occur).
However when talk of our dear own Cryptocurrency, this literally happened on a daily basis. it is even normal in crypto to see a coin worth billions of dollars crashed to zero. like we are not even surprised anymore. Remember what happened to Luna and a lot of others that follow suit .
Finally ,in as much as i don't like to admit it but Crypto need to be treated with as much caution akin to betting. One needs to have at the back of his mind that no matter how fundamentally perfect the use cases or how strong the team behind a token might appear to be, it will not stop it from nuking to 90 percent of its value( as you could observed from what happened on Friday 10th, October) or even in an unfortunate scenario crashed to Zero.
Không có gì để xem ở đây, chỉ có điều không thể tránh khỏi. Nếu bạn nghĩ rằng BTC đang có xu hướng giảm ở mức này thì bạn cần phải kiểm tra lại bản thân. Biểu đồ rõ ràng cho chúng ta thấy rằng BTC chắc chắn sắp tạo ra một mức cao nhất mọi thời đại mới. Câu hỏi về thời điểm sẽ để thị trường quyết định.