Erhereum
What does a bear market look like?“A bear market starts with greed, followed by confusion, sells on fear and ends with hopelessness” - By me!
'Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria." - John Templeton
Apply this bear to bull transition with good market sense because some of the bears went into hibernation, not able to wake up at all, for example the recent collapsed of some banks.
Able to recognize at what stage the market is… at any particular point helps me to determine whether to take on the market with some risks or not at all.
Reference of Bitcoin Trading:
CME Bitcoin Futures
Minimum fluctuation
$5.00 per bitcoin = $25.00
BTIC: $1.00 per bitcoin = $5.00
CME Micro Bitcoin Futures
Minimum fluctuation
$5.00 per bitcoin = $0.50
BTIC: $1.00 per bitcoin = $0.10
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Mean Reversion ETH BTCBINANCE:ETHBTC
Using Mean Reversion to enter at oversold (Diverge to under -4000 ) ETH and sell when ETH overbought (Diverge above +5000)
Profit in USD : 22%
IN USD BTC PRICE BTC AMOUT ETH BTC PRICE ETH AMOUNT USDETH Price USD OUT
1000 41924.13 0.023852612 0.06488 0.367641983 0.000284967 1290.121893
Thanks to @wolneyyy Mean Deviation Detector - Throw Out All Other Indicators
ETH great support It’s getting multiple supports from different angles.
Hello hello Everyone.
As you might see the stochastic is oversold.
The setup pattern is forming is also looking great support.
Don’t forget to show some love and support by liking and commenting.
Remember to follow for more setups and pattern with great Reward over risk doing money management.
Thank you