Understanding the market becomes simpler when I analyze the monthly candle at the end of the month, as the next monthly candle will consist of four weekly candles. By adding two moving averages on the 4-hour chart, it becomes clearer when to time market entries.
Checking tokens from last week at @dexscreener and invest few hundreds. I made $137k but can not withdraw those money due to liquidity issues. Then figure out same Scam coin launches everyday and there is no liquidity lock. π« #ScamAlert#CryptoScam#BeCareful
The market is currently trending upward, as indicated by the 50 and 200 moving averages on the 4-hour Bitcoin chart, and this trend is in correlation with the positive movement observed in the S&P 500.
#Bitcoin#Bullish
The correlation between #Bitcoin and the S&P 500 appears to be in focus. The market is currently trending downward, evident in the 4-hour chart's moving averages of 50 and 200. However, with the upcoming halving event, many anticipate a bullish turn for BTC. Confirmation of this upward trend is eagerly awaited. #BitcoinHalving
The correlation between #Bitcoin and the S&P 500 appears to be in focus. The market is currently trending downward, evident in the 4-hour chart's moving averages of 50 and 200. However, with the upcoming halving event, many anticipate a bullish turn for BTC. Confirmation of this upward trend is eagerly awaited. #BitcoinHalving
If the bitcoin uptrend starts, I plan to purchase the following meme coins if their market cap is less than $1 billion.
@pepecoineth@bonk_inu@RealFlokiInu
I bought @Shibtoken when its market cap was below $1 billion!
Last week's weekly candle on #Bitcoin showed a bearish trend, matching the downward movement of Friday's daily candle. This downward trend isn't unexpected. However, with the Bitcoin Halving approaching, there's a chance for a liquidity grab pushing it to new highs. I'm waiting for confirmation from technical analysis before deciding my next move. #cryptocrash #halving
I'm actively working on solving common problems in trading, such as overtrading, over-risking, and improving trend identification. I'm curious to know, in your experience, what other challenges do #Traders often encounter?
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