FollowYourPlan
88,146 views
60 Discussing
Hot
Latest
See original
We jumped
And what to expect next, we do not know. Therefore, I have prepared a simple analysis for you: 3 analyses.
1️⃣ Let's start with $BTC . Yesterday, nothing foreshadowed trouble, stable growth, and then a rocket took off and we flew. We overcame the maximum set in July, equaled the maxima of May and June, and even the maximum of April. We were very close to updating the historical maximum (ATH) - just about $150 short. Now the price has corrected, but has remained in the range of $71,500-$73,500.
1️⃣ Let's start with $BTC . Yesterday, nothing foreshadowed trouble, stable growth, and then a rocket took off and we flew. We overcame the maximum set in July, equaled the maxima of May and June, and even the maximum of April. We were very close to updating the historical maximum (ATH) - just about $150 short. Now the price has corrected, but has remained in the range of $71,500-$73,500.
See original
$ETH
We were expecting a price of $5k-$6k due to news about the ETF, which did not happen. Smart guys skillfully use people who go to buy up assets after positive news. In order to have an idea of what awaits us next, I suggest you look at the chart for six months and conduct an analysis.
On the 1-day timeframe, a triangle with horizontal support from below formed, after which the price went into a flat of $2150-$2820. We also see an unused imbalance.
On the second chart with a 4-hour timeframe, I analyzed the current situation in more detail. We see a locally formed resistance zone, which has already been broken, as well as an open imbalance, which means a quick rebound in price upwards. From my experience, I dare to assume that after this there will be a small correction, which is facilitated by the trend line.
However, do not forget about the daily imbalance, which will serve as a magnet for the price, and also on the extreme candle you can see a high shadow, which means a fight between bulls and bears. That is why further growth is most likely.
#follow_like_comment_share #FollowYourPlan #MoneyMakingMagic
We were expecting a price of $5k-$6k due to news about the ETF, which did not happen. Smart guys skillfully use people who go to buy up assets after positive news. In order to have an idea of what awaits us next, I suggest you look at the chart for six months and conduct an analysis.
On the 1-day timeframe, a triangle with horizontal support from below formed, after which the price went into a flat of $2150-$2820. We also see an unused imbalance.
On the second chart with a 4-hour timeframe, I analyzed the current situation in more detail. We see a locally formed resistance zone, which has already been broken, as well as an open imbalance, which means a quick rebound in price upwards. From my experience, I dare to assume that after this there will be a small correction, which is facilitated by the trend line.
However, do not forget about the daily imbalance, which will serve as a magnet for the price, and also on the extreme candle you can see a high shadow, which means a fight between bulls and bears. That is why further growth is most likely.
#follow_like_comment_share #FollowYourPlan #MoneyMakingMagic
See original
emotions
Many people know about market cycles. Usually we grow for two years, then fall for two years. I have already described in more detail when it is worth buying and when to sell
But now I want to talk about a non-obvious problem: how did it happen that while $BTC grew from 26 to 73 thousand, many people not only made money, but actually lost. I don't want to stifle and give advice like maintain risk management or follow the strategy - literally everyone knows that.
But now I want to talk about a non-obvious problem: how did it happen that while $BTC grew from 26 to 73 thousand, many people not only made money, but actually lost. I don't want to stifle and give advice like maintain risk management or follow the strategy - literally everyone knows that.
See original
According to Glassnode, the volatility of $BTC in the options market has surged to record levels not seen since April. This spike indicates heightened anticipation and uncertainty in the market as traders prepare for potentially significant price changes. Stay vigilant, as Bitcoin is going through turbulent times.
➖➖➖➖➖➖➖
#Follow_Like_Comment #FollowYourPlan
➖➖➖➖➖➖➖
#Follow_Like_Comment #FollowYourPlan
Login to explore more contents