Given the strong rise in crypto and the stock markets... it seems be logical to move more upwards. π
However... that could also be a reason for stocks and crypto to go down. π
Whatever the case. We NEVER know for sure. π€·ββοΈ
That's why we place our bets along trend lines, and support and resistance levels. π΅
The flag pattern β³ you see here is a classic one. We can expect prices to rise when the price breaks the resistance. On the other hand can we expect the prices to fall when it breaks support...
Both are good possibilities to happen.
Look for trades with high reward and low risk ratio. You might still lose some trades. But over time you will be making consistent profits. π°
Be patient... be relaxed... and pray for making the right decisions. π
Transaction en cours
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Yes... As I've analysed yesterday there is a possibility to go up for Stocks and Crypto.
But there was also a chance to go down.
And let's be real... that chance is still there... it's always there!
Given the fundamentals (trillions of $ pumped into the US economy and trillions of β¬'s pumped into the EU economy), we might expect Stocks and Crypto to rise.
Pay close attention to the Tether supply for more fundamental info. More supply usually means rise in crypto.
Place your stop-loss accordingly.
Be patient... be relaxed... and pray for the right decisions π
Commentaire
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To give an extra very important comment to the above Trade active...
When we find, we will always find information to support our ideas. That's why it's always important to think independent. Don't be bullish because you think the market is bullish.