✳️ Trading vs AI (Robots) & How To Beat Them!
It is pretty clear how things will turn out here because of what is happening after the shakeout 3-January.
1INCHBTC trades above EMA100 and EMA50 as well as its June 2023 low, this even though we have a major move just two days ago.
The interesting part of the wild move is how the wicks show up to both sides, up and down. This means that the market manipulators where not just trying to remove either longs or shorts, they were removing both sides; all over-leveraged positions got liquidated on these days.
So 1INCHBTC remained above MA200 and has a full green candle today, this translates into a strong bullish signal.
Patience is key
Now, based on these signals 1INCHBTC is set to go bullish but it can start growing literally today, within a few days just as it can be weeks or months, it is impossible to tell.
The bots (algorithms) that are used by exchanges adapt live. Say for example many people find this pair and decide to buy. The pair was set to grow based on computer programs but since many people bought it gets delayed. If there are not many people holding the pair it will move strong up, right away. So many people buy and the waiting time gets changed from one week to two months, most of the people become impatient at exactly 1.9 months and once they decide to sell because they waited too long then prices start to grow.
The only way this system can be beaten is by waiting long-term. Another important point is the market cycle... At a certain time it doesn't matter how many people buy or how each one of us individually behave, the time to move comes and everything moves but this only happens in the "meat" of a bullish phase, same in reverse for a bearish wave.
The "wild move" happened because there were too many players with too high leverage, so the bots adapt and start buying and selling in a matter to liquidate them all... After the excesses are removed, it is time to grow.
➖ Planning is always necessary, if profits is the goal.
➖ Patience is mandatory, if you want to beat the bots.
Namaste.
1INCHBTC trades above EMA100 and EMA50 as well as its June 2023 low, this even though we have a major move just two days ago.
The interesting part of the wild move is how the wicks show up to both sides, up and down. This means that the market manipulators where not just trying to remove either longs or shorts, they were removing both sides; all over-leveraged positions got liquidated on these days.
So 1INCHBTC remained above MA200 and has a full green candle today, this translates into a strong bullish signal.
Patience is key
Now, based on these signals 1INCHBTC is set to go bullish but it can start growing literally today, within a few days just as it can be weeks or months, it is impossible to tell.
The bots (algorithms) that are used by exchanges adapt live. Say for example many people find this pair and decide to buy. The pair was set to grow based on computer programs but since many people bought it gets delayed. If there are not many people holding the pair it will move strong up, right away. So many people buy and the waiting time gets changed from one week to two months, most of the people become impatient at exactly 1.9 months and once they decide to sell because they waited too long then prices start to grow.
The only way this system can be beaten is by waiting long-term. Another important point is the market cycle... At a certain time it doesn't matter how many people buy or how each one of us individually behave, the time to move comes and everything moves but this only happens in the "meat" of a bullish phase, same in reverse for a bearish wave.
The "wild move" happened because there were too many players with too high leverage, so the bots adapt and start buying and selling in a matter to liquidate them all... After the excesses are removed, it is time to grow.
➖ Planning is always necessary, if profits is the goal.
➖ Patience is mandatory, if you want to beat the bots.
Namaste.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.