BTCUSD - Still BullishUncertainty as far as US elections keeps going could form a ranging zone.
Elections brings euphoria in markets.
Fiscal Contributions in US 15 Apr - 15 Jun can negatively affect prices.
The end of the fiscal year in US on ~30 Sep can affect the markets heavily.
Start of the bear market.
This is not a trading advice,
Thank you,
St.Gex,
Altscoins
Seems that BTC is copying this. 🔥Agree?Bitcoin fall by 75% from it`s ATH. All possible metrics show that this is the bottom. But is it?
📊I explain you 1 important thing. The global crypto bull market with HUGE growth begin when 90-95% of newbees or retail traders sell their crypto at loss and go away from market. It happen in 2 cases:
1️⃣ during the huge dupms;
2️⃣ during the long and exhausting consolidation.
✅The second case is what hapenning now with 90% possibility. The thing is that Bitcoin has very often been in consolidation for the past few years and this has become its usual pattern.
Now we see how BTC start consolidate in channel again. The false breakout in the channel is a common things so if you trade the channel pattern it`s your chance to make a profit during such manipulations.
🔥If we look at the 1st example it`s clear that most of traders sell their crypto at loss at July 20, 2021 because of fear of the next possible dump. But i remember that moment and trade in long✅ And you can make it if you will have your own trading strategy.
📊Also you can use my trading strategies. Just check the links and watch free video education with my best strategies.
Now we can expect the same situation. After 2-3 month consolidation most of traders at the market feel extream fear and when the price starts to fall to the local lows you will know what to do✅ If you are a trader, you don`t need to forget about risk management.
🚩Will the retail traders return to the market? Yes, they will return close to the next BTC ATH and lose alll their money again. But we will stay here and continue to trade both long and short and make %.
Traders, what do you think about the next BTC bull market? What is the next ATH? 100k, 200k or BTC will fall to 10-12k? Write in the comments!
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Altcoin Market - Bullish TransitionUsing Fibonacci Circles the transition to a bullish state can be demonstrated as a change from 2.618 to the next outer fib circle 3.618
We can see a bottom and bounce off the uptrend channel and a continuation to a state that includes a bullflag (in green rectangle)
This is a bullish sign, the middle line of the up channel is the nearest resistance
$ALT Altcoin - DominanceI want to let you see some levels on dominance.. I dont like to chart the dominance but it respects some PA. What we here see is that altcoins will bleed more and more then BTC. This means we can see a dominance of 50% - 51% and thats not so good for altcoins. I think the altseason is finished for now. BTC needs to make his move up and stabilize on a good support. If BTC pumps it will bring more bleeding on altcoins. If dominance goes more up and if BTC finish his pump, it will bring altcoins a little bit green back. Stay for now out of all altcoins if you dont know anything of PA. Have a good day ! And keep youre money safe !
WAVES MUST BREAK THE DAM TO UNLEASH A FLOOD OF PROFITSIf the historical resistance is broken, there will be no stopping WAVES!
EOS Is Going To Explode To The Upside #ALTSEASONMartyBoots here. I have been trading for 13-14 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin Bull Market could be here right now
EOS Is Very Bullish right now and will move a lot higher
If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below
STEEM seems to have completed a flatIt seems that Steem pulled a flat pattern during this bear market.
Completely under the radar coin, for now. A 30 X to reach new ATH seems possible