A perspective on the current market situation. Why is the general market rising? The fact that the DXY (US Dollar Index) has surpassed the peak of 109 has created a strong effect. When the DXY rises, the USD strengthens against other currencies, causing capital to flow from around the world into the US. This particularly attracts large investment funds, and the channel is a choice after stocks, US government bonds.
Currently, the Crypto market is also experiencing a short-term increase until the DXY shows signs of weakening again. I have closed my short positions to buy and hold Spot positions. Combining macro factors into trading will help you better identify market trends. If you do not have support, please contact me.
Looking at the H1 frame, my assessment of BTC is very accurate. According to recent analyses, Bitcoin is undergoing a period of strong volatility and has a downward trend. In the short term, BTC is trading around an important support level and may continue to decline if it cannot maintain this level.
Seeking a companion or an investment advisor is a good idea to avoid risks and make smarter investment decisions. The cryptocurrency market is always volatile, and having a clear strategy along with support from experienced individuals will help you protect your assets.
Looking at the H1 frame, my assessment of BTC is very accurate. According to recent analyses, Bitcoin is undergoing a period of strong volatility and has a downward trend. In the short term, BTC is trading around an important support level and may continue to decline if it cannot maintain this level.
Seeking a companion or an investment advisor is a good idea to avoid risks and make smarter investment decisions. The cryptocurrency market is always volatile, and having a clear strategy along with support from experienced individuals will help you protect your assets.
Looking at the H1 frame, my assessment of BTC is very accurate. According to recent analyses, Bitcoin is undergoing a period of strong volatility and has a downward trend. In the short term, BTC is trading around an important support level and may continue to decline if it cannot maintain this level.
Seeking a companion or an investment advisor is a good idea to avoid risks and make smarter investment decisions. The cryptocurrency market is always volatile, and having a clear strategy along with support from experienced individuals will help you protect your assets.
If you need a companion, please contact me.
KEM Trading
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"Sideway down" is a phase where the price of an asset or market moves sideways or oscillates within a narrow range, and then tends to gradually decline. This confuses investors when entering trades. The best approach in this situation is to wait for retracements and look for shorting opportunities to safely profit. #BTC #crypto
"Sideway down" is a phase where the price of an asset or market moves sideways or oscillates within a narrow range, and then tends to gradually decline. This confuses investors when entering trades. The best approach in this situation is to wait for retracements and look for shorting opportunities to safely profit. #BTC #crypto
KEM Trading
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BTC has confirmed the breakdown of the ascending wedge pattern. One of the patterns that, upon confirmation of a breakdown, tends to adjust quite deeply afterward. In the upcoming period, the market will likely trend sideways down.
Providing additional perspective for everyone to consider.
As noted yesterday, #BTC is in a narrow sideways range, if investors try to open new orders, it will be almost difficult to make a profit. Now that #BTC has exited the sideways zone, it shows a bullish trend. However, I still view that the market is trending sideways down, so I will look for new short points. Interested investors can message me.
KEM Trading
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#BTC continues the sideways down trend, however, when it reaches the support zone around 94k-95k, it is creating a balance zone. During the process of #BTC moving sideways and accumulating in a narrow range as it is now, investors should limit placing new Long or Short orders when the trend is not clear.
#BTC continues the sideways down trend, however, when it reaches the support zone around 94k-95k, it is creating a balance zone. During the process of #BTC moving sideways and accumulating in a narrow range as it is now, investors should limit placing new Long or Short orders when the trend is not clear.
As previously stated, the market as well as #BTC will move in a sideways down direction. This means creating buff traps that cause investors to fall into the price increase trap. When BTC rebounds, the market eagerly predicts BTC will rise to 150, 200. However, I remain steadfast in my opinion that when it rises, it is a short.
KEM Trading
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Trends are you, the more you try to go against the trend, the more risks you will face. #BTC
Trends are you, the more you try to go against the trend, the more risks you will face. #BTC
KEM Trading
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As previously noted, with the market moving in a sideways down manner, any rebounds should still prioritize short positions. During this difficult trading period, capital management is essential. If you find it difficult, it's advisable to stay out for a while. For those who do not have an investment method and need support, feel free to message me.
As previously noted, with the market moving in a sideways down manner, any rebounds should still prioritize short positions. During this difficult trading period, capital management is essential. If you find it difficult, it's advisable to stay out for a while. For those who do not have an investment method and need support, feel free to message me.
KEM Trading
--
BTC has confirmed the breakdown of the ascending wedge pattern. One of the patterns that, upon confirmation of a breakdown, tends to adjust quite deeply afterward. In the upcoming period, the market will likely trend sideways down.
Providing additional perspective for everyone to consider.
BTC has confirmed the breakdown of the ascending wedge pattern. One of the patterns that, upon confirmation of a breakdown, tends to adjust quite deeply afterward. In the upcoming period, the market will likely trend sideways down.
Providing additional perspective for everyone to consider.