What do you think about the price of bitcoin, where it will | Tish Durand g53U on Binance Square

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Tish Durand g53U

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What do you think about the price of bitcoin, where it will find a good support?

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Hi Folks, I was going through DOT chart today and found the daily RSI value is showing a very strong bullish momentum. The declining trading volume is also shows less interest from seller to further sell the coin. In the recent peak, most of the coin made a good move, in the meantime DOT was moving sideways. The new year could give to chance to DOT to match with the other good token. See you all at the top. Trade wisely. All the best 😉😉😉😉

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Attention Folks, After a bloody night we see a green candle which is rising the hope of the people. But there is question is it reversal of the market. Lets understand with indicators: Volume : From last few hours we are seeing green candles which is showing good recovery in prices of Alts. But the volume is declining every hours which really scares me and gives me a hint of incoming dump. RSI : The BTC RSI 1hr value for the current price is higher than the RSI value what we see last time. This is also hinting a incoming dump. Price : Ofcourse price is going up, this is good news. This is giving us the breath of relief. The real question here is, is it a good time to start opening the long orders? The answer depends on your goal and your risk taking capacity. In my perspective, we should wait a bit more until we see some volume coming which give us more confidence with the current market. I am bullish for the long term. Take you decision and trade wisely. All the best 😉😉😉

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Hi Folks, This market is quite harsh on few of the altcoins. Polkadot (DOT) has faced challenges in its recovery. There is no obivous reason apart from big player focusing on main stream coins for now. Current Support and Resistance Levels: As of December 19, 2024, Polkadot’s price is approximately $6.93. Technical analysis identifies the following key levels: • Support Levels: • $6.38: A significant support level that, if breached, could indicate further downside potential. • $5.00: A critical support zone that has previously acted as a floor during market downturns. • Resistance Levels: • $7.53: Immediate resistance that DOT needs to surpass to signal potential recovery. • $8.28: A higher resistance level that, if broken, could indicate a stronger bullish trend. Keep eyes on major support and resistances. I still believe this chain has big potential and will give a big return to its investers. All the best 😉😉😉

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Hi Folks, Today I want to talk about the mindset of the newbies and the big players. And the facts which make them different. Mindset of newbies: I see alot of people claiming they lost alot of money in crypto and trading but they never except they did mistakes this is where big players can these people. Now after a small dump alot of people started panicking specially one with very high leverage trade open. It will very hard for them to sleep next few days. Mindset of big players: Talking about the whales, controlling the market they know the mindset of the newbies so they dump the coins the crowd panic and sell and the coin falls more. And this is the time they take as a opportunity and start accumulating more coins and the market start going green. Now newbies will think this is fake pump, which is not true. They see the coins sky rocketing and in FOMO they again buy at a top. This cycle keeps repeating. I know it will be hard for people to accept but this is the harsh truth. The faster you accept it the better it will be for you. All the best 😉😉😉

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Hi Folks, Lets talk about the bleeding market. There are multiple reasons due to which the market is falling from last few days. 1. FED can't own Bitcoins. This news exploded and the people started panicking due to which market showed bearish behaviour. 2. Interest rate cut in US, As a result people are offloading some of their money resulting in bearish scenario. 3. Holiday period : As Holidays is approaching, big players will not be showing interest in the market for next few weeks. 4. Trading volume : The trading volume signaficantly went down in last few days for most of the coins which made it easy for manipulators to take charge. I expect the market will be red for next few days. But you can expect it to recover quickly with the new year and Trump taking charge in the parmliament. Trade wisely, All the best 😉😉😉

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