SAME_RM
Here I share my opinion regarding cryptocurrencies.
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((Continuous Update))
Risk indicators remain moderate at 0.495.
• Above 0.7: Take profits.
• Above 0.8: Exit the market.
#BTC☀
Risk indicators remain moderate at 0.495.
• Above 0.7: Take profits.
• Above 0.8: Exit the market.
#BTC☀
December 26-29 are important dates for Bitcoin and the market.
A chart tracking the distance after the halving.
We are currently at the 2013 bottom.
Now, we are approaching the secondary peak of:
• January 2017
• January 2021
In just a few days (2-3 weeks), Bitcoin is expected to undergo a secondary correction, during which its dominance will separate from altcoins, leading to a significant recovery in altcoins.
#RLUSDApprovalBoostXRP #BTC☀
We are currently at the 2013 bottom.
Now, we are approaching the secondary peak of:
• January 2017
• January 2021
In just a few days (2-3 weeks), Bitcoin is expected to undergo a secondary correction, during which its dominance will separate from altcoins, leading to a significant recovery in altcoins.
#RLUSDApprovalBoostXRP #BTC☀
Ethereum Update:
Two days remain until the weekly candle closes. It’s preferable for it to close above $3,920 to begin a strong rally.
Two days remain until the weekly candle closes. It’s preferable for it to close above $3,920 to begin a strong rally.
They are classified as “Dolphins,”
those who own between 100 and 1,000 Bitcoin.
They are an active group with a clear impact on the price.
This chart shows that all other groups are selling to them.
those who own between 100 and 1,000 Bitcoin.
They are an active group with a clear impact on the price.
This chart shows that all other groups are selling to them.
((Continuous Update))
Risk indicators remain moderate at 0.491.
• Above 0.7: Profit-taking recommended.
• Above 0.8: Exit the market.
Risk indicators remain moderate at 0.491.
• Above 0.7: Profit-taking recommended.
• Above 0.8: Exit the market.
Key Points to Highlight:
1. Price Behavior Analysis
• The candle on December 5th is significant, as it combines multiple time frames (1H, 2H, 3H, and 6H), which gives it strong influence.
• Historical data shows the first attempt resulted in an 11% drop, while the second attempt saw a 7% drop.
2. Market Patterns
• With three close attempts in a tight range, it indicates strong buyer control, increasing the likelihood of a breakout.
3. Practical Strategy
• Extend lines on small time frames (6 hours and below) to mark this zone.
• If a breakout occurs, this zone may act as future support, whereas a failure to break might turn it into resistance.
By observing such price behavior, traders can position themselves to benefit from market movements while minimizing risks.
1. Price Behavior Analysis
• The candle on December 5th is significant, as it combines multiple time frames (1H, 2H, 3H, and 6H), which gives it strong influence.
• Historical data shows the first attempt resulted in an 11% drop, while the second attempt saw a 7% drop.
2. Market Patterns
• With three close attempts in a tight range, it indicates strong buyer control, increasing the likelihood of a breakout.
3. Practical Strategy
• Extend lines on small time frames (6 hours and below) to mark this zone.
• If a breakout occurs, this zone may act as future support, whereas a failure to break might turn it into resistance.
By observing such price behavior, traders can position themselves to benefit from market movements while minimizing risks.
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