For those who speculate in currencies,
Emotions are like being affected by the rise and fall of currency prices.
Rejoice when it rises,
When I fell, my face was full of sorrow,
This is the reaction that every ordinary trader should have,
Because the market will not stay up or down forever,
The key lies in how to accurately grasp and understand trends.
Therefore, we need to look at the problem in a more objective manner,
Judging from the daily chart, three consecutive days of decline have put the market into an oversold state.
It is expected that the price may have a small rebound tomorrow or the day after tomorrow.
From a long-term perspective, all major levels of currencies are in an upward trend, and the bull market is underway.
Falling down is a good time to make arrangements or cover positions.
The ultimate support is located at the 4-hour MA250,
If you can get there, there will be many ideal entry points.
For altcoins, their volatility will be greater, and they will rise as fast as they fall.
This rebound should be certain, but the specific magnitude will depend on the specific situation.
For varieties with strong performance in the spot market, such as GALA, AR, etc., which had a strong positive line in the early stage,
You can set pending orders below for operation.
In addition, you might as well pay attention to the field of artificial intelligence. Although the price has dropped by 30% before,
However, currencies such as AGIX/WLD that combine artificial intelligence and game concepts still have potential. #热门话题 #sol #WLD #GALA