🚩#Crypto Market Update.
👉The price structures of $BTC, $ETH & #CRYPTOCAP perfectly resume the entire Crypto Market with almost everywhere the Formation of RANGES, which will require patience and for an indefinite period...
👉The price structures of $BTC, $ETH & #CRYPTOCAP perfectly resume the entire Crypto Market with almost everywhere the Formation of RANGES, which will require patience and for an indefinite period...
⚡️When we analyze the price structure of #Elrond with 2 pumps in bubble structures, followed by 2 speculative collapses with each time a loss of -80% of the #EGLD value, we know that it's a purely speculative asset. That said, we can expect the #Elrond strong community to do the necessary for a new pump, but personally the level of 61.8% Fibonacci will be my maximum target (+220%), before occur any future speculative collapse.
Power Crypto Club
⚡️#Dusk_Network | Testnet Launch 🚀 1st of February. Let's GOOO!!! => $DUSK
🔅Dusk Network $DUSK | Testnet Launch 1-FEB | Swing-Trade +100% Target‼️
Power Crypto Club
⚡️Ranked #11, #Polkadot is one of the solid and reliable projects of 2022 to follow. Polkadot Ecosystem is growing rapidly and brings together +100 Crypto with a total market capitalization of $34 billion. The #DOT token is also in the portfolios of 15 major…
🔅#Polkadot $DOT update
Power Crypto Club
⚡️After breaking its major support, $NEAR dropped to $9.57 before immediately bouncing back to retest resistance (previously support) at the $12 level. 👉Keep in mind that buying below a resistance is at risk of being rejected. To secure your buy entry, (1)…
🔅#NEAR_Protocol $NEAR Update
Power Crypto Club
⚡️Oasis Network, Strong Bullish Channel! 👉After the successful #ROSEUSD trade closed 2 weeks ago with 92% gains, this market drop came at the perfect time to open a new trade! 👉See the EMA100 doing a great job of strengthening channel support and price structure.…
🔅#Oasis_Network $ROSE Update
📊Monthly Candlestick Closing.
Today is the 31st, so everyone is fighting to close their Monthly Candle as best they can.
👉Why is it important to close a candle?
Closes to the highs/lows of a candle often indicate little profit taking, so if you are trading in the direction of such a move, it can be a good confirmation sign. Thus, it is always important when trading price action to watch the candle closes and enter as much as possible.
👉Remember, ALWAYS wait for the candle to close if you are contemplating a trade because the candle can change direction in a heartbeat, you need to see what the final close of the candle is to get an idea of what price is likely to do.
👉The monthly candlestick closes the last day of each month at 5 PM Eastern Time. Once a candle has closed, it is final, It cannot ever be changed and it will always be that way.
Today is the 31st, so everyone is fighting to close their Monthly Candle as best they can.
👉Why is it important to close a candle?
Closes to the highs/lows of a candle often indicate little profit taking, so if you are trading in the direction of such a move, it can be a good confirmation sign. Thus, it is always important when trading price action to watch the candle closes and enter as much as possible.
👉Remember, ALWAYS wait for the candle to close if you are contemplating a trade because the candle can change direction in a heartbeat, you need to see what the final close of the candle is to get an idea of what price is likely to do.
👉The monthly candlestick closes the last day of each month at 5 PM Eastern Time. Once a candle has closed, it is final, It cannot ever be changed and it will always be that way.