CRYPTO MARKET IS NEW MARKET...

in #bitcoin6 years ago

Now every smaller TF showing... From 1H till 6H showing bearish divergence.... This is going to proliferate into higher TF in coming days too.

First a correction and then a massive pump.....will produce a nice bear divergence on higher TF too.
Note :- all this can take several days... And time makes Normies forget everything.

TA for trader is actually like compass for sailor.

But the most traders , do so much of TA on TA that they got stuck in " analysis paralysis" .

Just get the direction by using leading indicators .... Higher TFs best for directions, lower TFs best for entry and exit... Club it with fractals.
Crypto market is a new market, constituents of this market is mostly Ist time traders or novices.

No big money aka smart money is here... So fractals r factual here.

photo_2018-09-02_16-33-01.jpg

The whole market is singing about bitfinex whale accumulating bitcoin... Then who is this whale who has shorted so big in just 4hrs

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.033
BTC 69995.16
ETH 3735.97
USDT 1.00
SBD 3.74