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Thursday, September 10, 2020

Crypto market will fall in short term

Crypto market will fall in short term

1 Hour Timeframe

Money flow in crypto market has highly correlation with the price, you can see it in the correlation coefficience (red oscilator), if market cap falling the BTC and Alts will go all red. We can use this chart to analysis when to enter the market. Every bullish chart will go bearish someday and vice versa, don't be upset when its happen because it's the nature of market.

In the chart above, head and shoulders occur, that means the fall of crypto market posible, if you want to enter the market. Wait until it touches the red line below the price

from Trading Ideas
via gqrds

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