Hello Traders,
From the market of Bitcoin 200 billions wipe out. People loose big money.
Why this happening? The answer is very simple. They do not pay attention to technical analysis .
If you know them, then is very simple how you control your portfolio in crypto.
You have many tools that provide indication of price change direction. Closed you position and case closed. You can open again when price change directions without loosing so much money.
This what I am showing you in my analysis, future change direction, trend line (which are incredible tools), channels and many more.
As a traders our task is to get as much as possible profit and with small losses.
There are the new candlestick formations that showing support and resistance .
Candlestick formation are very powerful indicators, but they have be confirm by support/resistance (SR) – true SR.
There is very high probability to predict hight of swings (waves). Look on USD Index, this will gives you idea that is going on with cripto.
I hope you not one of the traders that lost crypto.
Cheers,
Jim