Important update and explanation of what is happening in the market
To know the right step to take in such corrections, we have to look at some indicators to clarify what is really happening. Is it the end of the bull market, so we exit the market with the profits we have made? Or are we in a healthy routine correction to prepare for a stronger rise, so we stay so as not to lose our entry points? First, let us know that the biggest mistake that most people make is exactly what is happening now. When the market declines and sees red candles, you find that everyone is talking about exiting and stopping losses, and pictures of losses and liquidation in futures contracts spread, and pessimism is extinguished. When you see the rise and green candles, you find that everyone is asking about entering, and pictures and articles of enthusiasm and going to the moon and other things spread, and optimism and greed are extinguished as if the market will rise forever.
Bitcoin acquisition has reached a support area, if it is broken we will see another rise in altcoins and it is considered a positive and confirming indicator of the trend reversal on the larger frames.
Now after opening short contracts worth more than 4 billion dollars and the disappearance of long contracts, we will find a rise and recovery of the market within a very, very short time to liquidate the short contracts and anyone who denies the manipulation of the platforms should go and reconsider his calculations. $BTC $ETH #LearntoEarn
This is a scam. Be careful not to participate in such things. You must all report the account. It asks you to transfer the amount to an investment fund, which is a fund in which he collects his thefts.
The reason for the current decline is an attempt to break an important resistance to Bitcoin acquisition as shown in the image below. We talked a few days ago about this scenario, which is the rise in acquisition at the expense of alternative currencies, which will cause a decline in alternative currencies at the present time, but it warns of a strong bull market coming for currencies. All you have to do is be patient, stick to your position, and wait for Bitcoin to reach its final peak without panic and confusion. In the event of a decline of more than 30%, all you have to do is strengthen if you are at a loss. As for those who are at a profit, just close your wallet, watch your favorite movie, and wait for the coming days 😉 $BTC $ETH #RideTheKaiaWave #LearntoEarn
Follow for market updates and explanation of what is currently happening.
We had updated the market in the morning and mentioned the golden cross on the 4-hour frame and that we were waiting for confirmation, and thank God it was confirmed (as in the pictures below before and after), then continue reading below
We wondered whether Bitcoin would rise at the expense of alternative currencies by withdrawing their liquidity in its favor, or whether it would rise with new liquidity. To find out, we will see some details:
We notice a decrease in selling pressure on the short 4-hour frame and cooling in the indicators (MACD, RSIl) and it seems that the Bitcoin correction has temporarily ended on the daily and short frame and a golden cross formation has begun to appear on the 4-hour frame that may be reflected on the daily and we see a rise in Bitcoin after very strong support from the acquisition support at 55%.
Now we are waiting for confirmation of this and we see the impact of Bitcoin's rise on the rest of the currencies, will Bitcoin rise at the expense of the liquidity of alternative currencies and we see an additional correction of currencies and another decline, or will Bitcoin rise with new liquidity and raise the rest of the currencies with it?
In any case, it is recommended to stay away from futures contracts and stick to entry positions because it is possible at any moment to see a rapid rebound of acquisition accompanied by strong rising candles for alternative currencies, knowing that if the market does not rebound and recover during the day and tomorrow and a weekly close approaches with this negativity, this may have a significant negative impact on the markets.
Some young people see their posts (I apologize for posting them because some people were upset by the comments or clarifications on their posts), asking about currencies that have become absolutely unavailable at all.
For example, $XRP , $SOL and some other currencies, but these are the most famous, or newly listed currencies.
I am not against these currencies or categorically deny that they will not rise.
But these currencies have technically ended their price cycle and have reached peaks that are difficult to surpass, and if they are surpassed, the return from them will not be commensurate with the size of the risk!
Your question about these currencies is an indication that you have fallen into FOMO, these currencies have reached a level of liquidity that is not commensurate with their value, and with time they will become in areas of low return, so they are simply avoided by the market maker and the engine of smart money, he will not find any benefit or financial return in them.
So why would he invest in them?!
The story of the currency project and that he believes in this project and this talk attracts a group of investors, which is a limited group, and other than that, it is just marketing the currency! Yes, it is possible to have a strong project and a supportive community who believe in the project, but there must also be a financial return in order to attract all types of investors. The investor who is looking for profit and is not concerned with projects in a precise manner is the largest group and they are the ones who actually have money. If you are an “angel investor”, good luck and we support you, but do not expect a profit, at least in the near future. #LearntoEarn
Anyone who is surprised by what is happening in the market and is looking for an answer to what is happening now and wants to know his next decision to sell or keep his currencies should read the article and he will find his answer immediately after. $XRP $BTC #LearntoEarn #Xrp🔥🔥
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Suleiman90s
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Important update and explanation of what is happening in the market
To know the right step to take in such corrections, we have to look at some indicators to clarify what is really happening. Is it the end of the bull market, so we exit the market with the profits we have made? Or are we in a healthy routine correction to prepare for a stronger rise, so we stay so as not to lose our entry points? First, let us know that the biggest mistake that most people make is exactly what is happening now. When the market declines and sees red candles, you find that everyone is talking about exiting and stopping losses, and pictures of losses and liquidation in futures contracts spread, and pessimism is extinguished. When you see the rise and green candles, you find that everyone is asking about entering, and pictures and articles of enthusiasm and going to the moon and other things spread, and optimism and greed are extinguished as if the market will rise forever.
Market Update The market is now in a very normal stage due to the rebound of the acquisition that reached important support areas two days ago, and today is the beginning of a new week, i.e. a new candle on the weekly frame, and it is natural to see some support on the acquisition. I advise those wishing to enter the market to take advantage of such corrections to enter instead of asking during the rises. Good luck to all 🌹
Congratulations to those who entered it, it achieved a good increase in a short time after the recommendation. As for me, I kept it and did not exit until now, waiting for higher profits. Good luck to all 🌹 $PDA #LearntoEarn
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Suleiman90s
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Investment Opportunity 2
First, and like the previous opportunity, we explain everything related to the currency so that you are able to search for your opportunities yourself and make your own decision to enter or not based on your own vision. I will mention the details honestly and to the best of my knowledge and research. This does not mean that you rely on it completely, but I always advise you to search yourself. My article is only to draw your attention to currencies and methods of searching in them that may be absent from you. I kindly ask you not to enter specifically with this currency before reading everything about it in this article because it is classified as high risk high reward. Therefore, please complete the reading before entering, and entering in all cases is your responsibility.
Brothers, what are you doing??!!! Entering newly listed currencies is a big risk and is not calculated at all and may cause you very large losses. Try to open any currency, you will find that it has fallen most of the time shortly after its launch, and the launch price is a price that no one can buy from except in subscriptions and others. Most of the people who got it for free, airdrop and others, will start selling, so wait until the currency price stabilizes and the enthusiasm of the beginnings ends, and then you will find a suitable price to enter. Brother, I am telling you until the trend is broken and the currency has not been down for a quarter of an hour, any trend that you managed to do!!!
Note to the smart ones, the currency may rise and make a million X as you wish, but what is the percentage of its rise in front of wiping out more than half of your capital? Based on my experience and observations of the market, you can refer to the chart for most currencies, you will find that 99.9% of currencies fell immediately after their launch by a large percentage and 0.01% rose, and you have the choice. Good luck to all 🌹 $ACX #fomo #LearntoEarn
First, and like the previous opportunity, we explain everything related to the currency so that you are able to search for your opportunities yourself and make your own decision to enter or not based on your own vision. I will mention the details honestly and to the best of my knowledge and research. This does not mean that you rely on it completely, but I always advise you to search yourself. My article is only to draw your attention to currencies and methods of searching in them that may be absent from you. I kindly ask you not to enter specifically with this currency before reading everything about it in this article because it is classified as high risk high reward. Therefore, please complete the reading before entering, and entering in all cases is your responsibility.
I thank the brother who commented on the subject of the previous post in which I indicated that what happened was manipulation, but as our friend mentioned, it is possible that it was a short sale, i.e. at the market price, by one of the whales, and this is scientifically the most correct and accurate statement.
But for the sake of scientific honesty, I wrote before in my post the phrase “according to my belief,” meaning that this is my personal opinion, which is certainly subject to right and wrong, and the scientific and precise reason is the sale process in both cases:
So you know one of the most important and worst reasons for the sudden and significant market rise and fall with a "flash" candle is the liquidation of futures contracts and the candle that appears now on Bitcoin and most digital currencies are liquidation candles for contracts and in my opinion these candles are being manipulated by the platforms unfortunately.
According to the image below and its source Coin Glass, more than a billion dollars have been liquidated in the past 24 hours!! Half of them during this candle alone!! And to make it even more difficult for you, there is a person who lost $ 18.9 million in one deal!!
So please stay away from futures contracts completely if you are not an expert at high levels in them.
And if you are an investor in spot trading, congratulations, these candles do not concern you and usually these candles are absorbed quickly because the main goal of making them was to liquidate contracts, and we warned previously about such a decline.
If you want to read something that might explain what is happening to you, go to my page and read the article entitled Investment Opportunity. If you want more, read basic information and you will find an answer to your question.
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كرار انور
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Oh man, the market is strange. When you buy, you will find that the price has dropped a lot. When you sell, you will find that the price has risen a lot. This has happened to me more than once. Is it a coincidence or is there a mystery in the matter?
My brother, and I have all the respect for him, and I do not mean to belittle him, but to clarify, he says that buying equals selling, so it will rise when buying exceeds selling.
What our friend does not know or did not pay attention to is that this is the policy of whales and smart money, which is to sell their currencies as much as individuals buy the same currency so that they can gradually exchange their currencies at high prices without causing the currency to collapse.
This means that if a whale sells short all of his currencies at once, the currency will collapse quickly and his profit will decrease, while if he does so gradually, he will maintain a good selling price without causing a huge offer to sell compared to the offers to buy, which leads to the currency collapsing. #LearntoEarn #Xrp🔥🔥
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Saeed bin Saber
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Bullish
$XRP I have good news for you, God willing, it will rise # Now selling is equal to buying. Do not sell, do not sell, do not sell. Buy and store. It will rise a lot, God willing.
As for why the Arab countries in particular, it is because the ceiling of freedom is lower and they can tame us more, while the West tried to fight it and failed and could not ban it because freedom is higher for them. This is in brief.
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Mohamed wael 255
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A confusing question 🤔🤔 Why is trading and everything related to digital currencies prohibited in most Arab countries? I want a convincing reason
The convincing reason is very simple, which is that governments in general have a money printing machine that enables them to practice their corruption and tyranny over the people, while they do not have a machine to print Bitcoin.
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Mohamed wael 255
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A confusing question 🤔🤔 Why is trading and everything related to digital currencies prohibited in most Arab countries? I want a convincing reason
Basics in the market Unfortunately, I am surprised that many do not know them. Try reading the article to the end and you will not come out without benefit, and perhaps you will thank me for sharing it. #LearntoEarn #xrp $XRP $BTC
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Suleiman90s
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Basic information
This comment in the picture caught my attention, and it may be clearly wrong for most people, but there are people who may miss such information, so it must be noted.
My brothers, you must know how the price of a currency is determined. The idea is not that the price of a certain currency is high if it is good and that the price of that currency is low if it is bad or that it can reach the price of a certain currency. The subject is completely different. Let us see how with examples: