Pamelia Cardella etAz

Many people ask me how I read an asset in crypto. There’s no mystery, it’s something simple, but it works. Of course, this reading shouldn’t be seen as an absolute truth, but as a useful tool when making decisions.

First, I analyze the trend. If the price is making higher highs and higher lows, it’s an uptrend. If it’s making lower highs and lower lows, it’s a downtrend.

Then, I observe where the price tends to hold or stall, which are the levels of support and resistance. These points are easily identifiable on the chart, usually where the price hits and bounces back several times.

Volume is also fundamental. If the price rises or falls without volume, I don’t pay much attention. For a significant movement, the volume needs to be rising as well.

I also use the RSI. When it is very stretched upwards, it usually indicates a correction. If it is very low, it could be the time to keep an eye on it, as it may indicate a good opportunity...

Remembering that these are just indicators, not an absolute truth. But understanding trends is essential for making more informed decisions when buying or selling.

Finally, I pay attention to market sentiment. If everyone is optimistic thinking they will get rich, it’s time for caution. If people are in panic, it might be a good chance to enter.

#crypto #LearnTogether $BTC $ERA $SOL

Was this garbage from #Bob that was going to make you millionaires yesterday?? kkkkkk it seems like you will be poorer 😭😭😭😂