Advice for every newcomer , stop investing in multiple coins like 20-30, which is totally bullshit.
If you are a spot trader and you have 1000$, keep 700$ for BTC and ETH Only for safe play.
And keep 300$ for some good luck coin which has good tokenomics and good technical analysis.
Never do FOMO. Otherwise though you buy a good coin, you will be stuck for months and months due to buying at a higher price. If you have funds then use it wisely. And for any help I'm still alive buddy. feel free to ask no matter if you have low funds. @MathewUSA77
currently in a 1D candle, $BTC is at a support level. if it attracts the buyer and any good news comes only then we can expect a pull back from this zone towards 115K-118K.
otherwise if this support level breaks down, then it may come to 104K-100K levels for grabbing its final liquidity before expansion.
always remember a thing, as your vehicle needs fuel to run, this crypto market also needs the liquidity for moving upward. they will clean out the chart, and wash out those traders who do gambling or trade with high margin and leverage.
after that when everyone thinks that BTC is over, then you will see the ultimate pump again into the market.
so during this choppy time avoid future trades if you don't know properly About the coin movement, keep your funds safe.
if my info is helpful then do like, follow my profile for getting more good info about the market every day.
today I'm gonna talk about #BTC.D before i go to sleep, hope this will help you guys for taking both spot and future trades.
well, in the chart of 1D candle, It's totally clear that BTC.D is trying to make a pull back after a heavy downfall from the previous month. as there was some news of rate cuts and other market insights, we are predicting that the BTC.D can touch the upper resistance which is around 62%.
So if BTC dominance rises to 62%, you know that your alts coin will never perform well during this time. it will make lower high and higher low for grabbing the liquidity. so be careful for the upcoming weeks. because many of us do FOMO trading. they Don't know any support -resistance about a coin but invest it Through their emotion, and they always get stuck in a very bad way.
so must follow it brothers, i hope this info will definitely help you to choose a decision wisely.
if my info is helpful Don't forget to follow me to get more info, it will inspire me for writing, have a good night.