BTC IS ON FOMO or TECHNICAL ANALYSIS?
Since I knew about BTC, I still see BTC in the right technical analysis. In some special cases, the FOMO occurs, leading to erroneous technical analysis, but in the end it still returns to its original trajectory. Some traders say it's the kill margin, and the hunt stoploss of the whale shark. No, if whales buy, there must be whales to sell, if there are winners, there must be losers. That is the inherent law, no one can control the market in the mid-term trend or up.
Analysis below is an example.
Short: 19900
STOPLOSS: 19990
TP: 18550 - 18840
Analysis below is an example.
Short: 19900
STOPLOSS: 19990
TP: 18550 - 18840
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Original chart:
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Reached confirm entry short
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Reach TP zone:
Đóng lệnh: đạt mục tiêu:
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One case can happen :)
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Case 2:
With case 1: We buy at D
With case 2: We sell at D
With case 1: We buy at D
With case 2: We sell at D
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I am not sure which case can happen now because we need more infomation. But we win at least 800usd now :D
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+550usd next short wave now