$XLM Long term trend line on Daily Timeframe has been broken (Check the Image, I have marked it now for those who dont know), you can enter, and those who are wishing for dump, yes keep wishing for it until 2 years, I will bet on a winning horse, not losers.
Those people who are still screaming "altseason" is coming, can get the hell out ASAP, beware of these people, they are creating unnecessary greed among masses, and general people are losing money by investing.
Firstly, what is alt season? Some idiot coined the name "AltSeason" Just because of 2020 BullRun, There is no such thing as AltSeason now, back then all cryptos were new, investors didn't know which one would shine. So they invested in all of them, hence AltSeason started.
This time investors are smart enough to recognize a stupid coin and something of real value.
Stop falling for such trap words "Alt Season" there is no such thing, enjoy the winter season right now, thats all.
this only means one thing, no one has money right now except institutions who scammed all of us. else we would be buying crypto, not selling it, cuz we love crypto
And buying would have resulted in a major price boom.
Expanding Triangle forming in $LTC , can be seen on 15 minute timeframe.
This is a concept, expanding triangle breakout which forms at bottom or after heavy corrections, generally suggests the end of corrective period and start of new rally. Its rare to see.
Expanding triangle breakout means, the selling has exhausted almost, (but can come again no one knows, its free market lol), but also buyers are more interested pullback after pullback.
Next Target 110:
Be Ready for Harsh Pullbacks along the way.
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Can the correction be over it looks as if we can see a reversal if this plays out and start are recovery. If we go below 100 we should she 80.00 🚨🚨 👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! 🚀💸
the reason is because hive is not in insititutional portfolio that much, and lot less people jumped in the boat of Hive in last pump, and they are hodlers, so not much selling
You enter a trade, you think you have taken a good trade, with positive mind.
You are in profit of 1 percent, price suddenly reverses and now you are in loss. Your mindset gets distrubed, you are forced to exit the trade.
Then price suddenly gets reversed and the coin goes 10 percent up.
This is called playing with minds, and manipulation, always notice that price will enter and break the psychological level always to make you exit the trade.
What are the best timeframes and how to use different timeframes, that no one wants to talk about.
1min timeframe - you should not be using it if you are a human, this zone is for HFT, algos and bots to trade. if Volatility is very high then you can use it but not for general trade.
5m - Fools timeframe, means there is a very high chance of getting trapped in this one, because this timeframe is used by majority whether rich or poor from day to day, a strong hand can easily reverse your small trade.
15m - Good to start with in cryptos , with low volatility, good for short term analysis.
1h - Professionals use it, use it wisely.
4h - Used to capture a broader trend, and gives you great entries.
1d - This is the sweet spot of worry free swing trading, good for both analysis and gives you good swing trades where you can easily accumulate 10 - 30 percent or even more in matter of week.
1w - and 1 month, these are some secret ones you dont need to know about yet, will talk about them some other day.