Trading Crypto Guide ™
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Here's the Analysis of #OCEAN :
#OCEAN just broke out of the consolidation range as the #bitcoin pumped till $30,000. Still We would say its in a range until it break the previous swing high. The major support is $0.300 - $0.307, where price might retrace too or a flip is required to take longs from structural support.
#OCEAN just broke out of the consolidation range as the #bitcoin pumped till $30,000. Still We would say its in a range until it break the previous swing high. The major support is $0.300 - $0.307, where price might retrace too or a flip is required to take longs from structural support.
Trading Crypto Guide ™
#Bitcoin made a strong jump of 6.5% in a day and continues the push after the resistance. Price reached the minor resistance areas and expected a pullback to happen at support around $28,200. #BTC again turned bullish, and next target is resistance around…
#Bitcoin easily achieved the $30,000 target as predicted and broke & retest the previous zones too. Now, we've open room for next around $31,370 - $31,770. The jumps were massive, so a quite bit of consolidation is expected too.
Trading Crypto Guide ™
#APT gave a flip above the zone, which open a new range for buys but at the same time, its trading inside a bear flag, so long would be risky at this point, you can take small risk you want
#APT going going good as far it flipped above the zone. Price is been jumped around 9.3% in favor and its a good time to secure some profits with stops at Breakeven. a Push in expected till resistance area around $8.45 - $8.62, which is the final take profit area.
What are Weak Hands or Paper Hands?
"Weak hand" or "Paper Hand" is a term commonly used in #trading and #investing to refer to individuals who are easily influenced by short-term market fluctuations and tend to sell their assets quickly, often at the first sign of price #decline or volatility. These individuals lack conviction and are more prone to making impulsive decisions based on fear or panic rather than a #long-term investment strategy.
A weak hand #investor is typically driven by emotions and reacts to market movements without considering the underlying #fundamentals or #potential for future growth. They may lack patience and the ability to withstand temporary price fluctuations, leading them to sell their #positions prematurely and potentially miss out on potential gains.
"Weak hand" or "Paper Hand" is a term commonly used in #trading and #investing to refer to individuals who are easily influenced by short-term market fluctuations and tend to sell their assets quickly, often at the first sign of price #decline or volatility. These individuals lack conviction and are more prone to making impulsive decisions based on fear or panic rather than a #long-term investment strategy.
A weak hand #investor is typically driven by emotions and reacts to market movements without considering the underlying #fundamentals or #potential for future growth. They may lack patience and the ability to withstand temporary price fluctuations, leading them to sell their #positions prematurely and potentially miss out on potential gains.
Trading Crypto Guide ™
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Here's the Analysis of #MASK :
#MASK is been trending down inside the downtrend channel pattern and testing the resistance line too. Well, price might break or reject from here and if daily candle closed bearish and form resistance then we can expect a down move till strong support zone $2.591 - $2.811.
#MASK is been trending down inside the downtrend channel pattern and testing the resistance line too. Well, price might break or reject from here and if daily candle closed bearish and form resistance then we can expect a down move till strong support zone $2.591 - $2.811.
Trading Crypto Guide ™
#Bitcoin easily achieved the $30,000 target as predicted and broke & retest the previous zones too. Now, we've open room for next around $31,370 - $31,770. The jumps were massive, so a quite bit of consolidation is expected too.
#BTC is been ranging after the strong impulsive move as mentioned. Also, price holding above the support zone of $29.820, which seems to be good for it. Candle We need to see a breakout of the daily candle for the next impulsive move.
What are Strong Hands ?
"Strong hands" are terms used in trading and #investing to describe individuals who exhibit resilience and conviction in holding onto their #assets, even during periods of market volatility or downturns.
Strong hands refer to investors who have a long-term perspective and are #confident in the value and potential of their investments. They are less influenced by short-term price #fluctuations and external market noise. These individuals have a #solid understanding of the fundamentals and believe in the long-term growth prospects of their #assets. They tend to hold onto their investments, even during challenging times, without being easily swayed by #market sentiment.
"Strong hands" are terms used in trading and #investing to describe individuals who exhibit resilience and conviction in holding onto their #assets, even during periods of market volatility or downturns.
Strong hands refer to investors who have a long-term perspective and are #confident in the value and potential of their investments. They are less influenced by short-term price #fluctuations and external market noise. These individuals have a #solid understanding of the fundamentals and believe in the long-term growth prospects of their #assets. They tend to hold onto their investments, even during challenging times, without being easily swayed by #market sentiment.
Trading Crypto Guide ™
Here's the Analysis of #OCEAN : #OCEAN just broke out of the consolidation range as the #bitcoin pumped till $30,000. Still We would say its in a range until it break the previous swing high. The major support is $0.300 - $0.307, where price might retrace…
#OCEAN breakout of the tiny consolidation range and did a retest too. Potentially, price can push higher from here and if you took buys then hodl with tight stops. Let see what the outcome will be.
Trading Crypto Guide ™
Choose a Coin For Analysis
Trading Crypto Guide ™
#BTC is been ranging after the strong impulsive move as mentioned. Also, price holding above the support zone of $29.820, which seems to be good for it. Candle We need to see a breakout of the daily candle for the next impulsive move.
#BTC hodl the support level and straight away hit the next strong resistance zone around $31,370. The move was due to news based on the market. Now this is our new range to deal with, and price is bullish to must breakout to the upside. A break below of the zone will be considered as end of the rally for short-term and deeper retracement will come.
Trading Crypto Guide ™
#APT gave a flip above the zone, which open a new range for buys but at the same time, its trading inside a bear flag, so long would be risky at this point, you can take small risk you want
#APT made a another push to print a new higher high and kinda close below the structural resistance. Still, trade pushed around 11.5% in profits. It better to secure some and make Stops to Breakeven.
What are Diamond Hands ?
#Diamond hands, on the other hand, are a variation of strong hands and emphasize an even higher level of conviction and #determination. The term "diamond hands" is often used to describe #investors who not only hold onto their assets during market downturns but also refuse to sell even in the face of extreme volatility or negative news. These individuals have unwavering faith in their investments and are committed to riding out the ups and downs of the market, with the belief that their patience and long-term outlook will be rewarded.
Both #strong hands and #diamond hands represent a mindset of #resilience, patience, and a focus on long-term #goals rather than short-term fluctuations. These #investors typically aim to maximize the potential returns of their investments by staying committed to their strategies and not being easily swayed by market sentiment or temporary #market conditions.
#Diamond hands, on the other hand, are a variation of strong hands and emphasize an even higher level of conviction and #determination. The term "diamond hands" is often used to describe #investors who not only hold onto their assets during market downturns but also refuse to sell even in the face of extreme volatility or negative news. These individuals have unwavering faith in their investments and are committed to riding out the ups and downs of the market, with the belief that their patience and long-term outlook will be rewarded.
Both #strong hands and #diamond hands represent a mindset of #resilience, patience, and a focus on long-term #goals rather than short-term fluctuations. These #investors typically aim to maximize the potential returns of their investments by staying committed to their strategies and not being easily swayed by market sentiment or temporary #market conditions.
the overall value of profit and loss events has reached its lowest point in the current market cycle, standing at $268 million. This level harkens back to October 2020 when Bitcoin prices were around $10,000, underscoring the subdued nature of capital movements within the asset class throughout this year.