Bubble Burst!? or Whales swallowing planktons? small investor
As many of us I am new to the crypto-blcokchain world.However I have a few years experience, trading the stock and future market in my home country which you bet theres lots of speculation and situations like this (so hopefully those years sitting and nail bitting and learning would pay off haha). And as in many market everybody enjoys when the tide rise, but those who survive major correction are the true winner in the war of finance. As I am writing this article this is the correction I was participating since 5600-8000, 9000-12,000 area only for it to happen at 17,000. The question where its gonna be over? Or is it the end of the era which it enjoy such a long unusal run.
1 is there any real application?
2 is there scaling problem?
3 is there really much anticipated mass adoptioin?
4 is it legal?
5 is it bubble of the new era?
6 are the communities exploiting small new investor?
7 can it replace fiat currency?
8 does it have any real monetary value?
But please remember not so long ago, some countries still uses certain seashell or rock as mean of exchanging and storing value. To tell you the truth I dont know. So as a trader I try to use a very simple TA to see whether I will be around trading this market.
There are basically 4 demand zones black, blue, red and green
black which is where we are now 13,000-17,000
blue 10,000-13,000
red 6,500-8,500
light green 4,500-7,000
So theres much fear and aticipation that the future market will rock this boat. As far as I know these guys are paid by commission and using there advance computer and bigger fund to their advantage. They get profit sharing too, so if this whole market is gone nobody is going to benefit, so I dont see that. But what they would do is they would short an asset class so hard that it will scares the new comers and those who doesnt have enough experience or knowledge away. Or they would short it so hard that the price drop below certain point where most small investor are forced to give up there position. And they will recover their position to get both commission and profit sharing. So looking at these four areas the price will try to find the equilibrium in the near future. Thats why I stressed so much in protecting the capital and locking the profit when you can (because most of us cant outrun and outfund the big guns). Personally 13,000 is good support to go long as, but a smaller portion should be use in case it dropped to another zone. I see the first two zones are the possible zones and where we are now is 618 fibo level of current up swing. Whats your thought?
1 is there any real application?
2 is there scaling problem?
3 is there really much anticipated mass adoptioin?
4 is it legal?
5 is it bubble of the new era?
6 are the communities exploiting small new investor?
7 can it replace fiat currency?
8 does it have any real monetary value?
But please remember not so long ago, some countries still uses certain seashell or rock as mean of exchanging and storing value. To tell you the truth I dont know. So as a trader I try to use a very simple TA to see whether I will be around trading this market.
There are basically 4 demand zones black, blue, red and green
black which is where we are now 13,000-17,000
blue 10,000-13,000
red 6,500-8,500
light green 4,500-7,000
So theres much fear and aticipation that the future market will rock this boat. As far as I know these guys are paid by commission and using there advance computer and bigger fund to their advantage. They get profit sharing too, so if this whole market is gone nobody is going to benefit, so I dont see that. But what they would do is they would short an asset class so hard that it will scares the new comers and those who doesnt have enough experience or knowledge away. Or they would short it so hard that the price drop below certain point where most small investor are forced to give up there position. And they will recover their position to get both commission and profit sharing. So looking at these four areas the price will try to find the equilibrium in the near future. Thats why I stressed so much in protecting the capital and locking the profit when you can (because most of us cant outrun and outfund the big guns). Personally 13,000 is good support to go long as, but a smaller portion should be use in case it dropped to another zone. I see the first two zones are the possible zones and where we are now is 618 fibo level of current up swing. Whats your thought?
액티브 트레이드:
Seems like BTC choose to stay in Zone 1, Heading for ATH, lock your profit constantly.
액티브 트레이드:
revisit the trend line it broked up previously, i am looking for a rebound here
코멘트:
about 180000
코멘트:
sorry 18k
코멘트:
next candle must not have new low for it to stay in zone 2
액티브 트레이드:
zone 3 is in play, zone 4 is possible and even it comes down to 5,500 in zone 4, the overall trend is still bullish, be patient and let the market come to you or buy at higher price but you got the confirmation, dont lose money trading small signal.