Lu5ck
Đào tạo

Not a TA. Events and Price relations

BINANCE:NANOBTC   NANO / Bitcoin
187 lượt xem
3
187 0
I have listed out the events that lead to a raise and drop for Nano .

First. Btc crash.
It is a common understanding that when btc drop, altcoins drop but there is slightly more to it. Btc as the king of crypto has huge influence on cryptos since great majority of the altcoins are paired with btc . Whenever people wants to cash out of altcoins, they need to convert into btc or eth or ltc then cash it out from there. Thus, when btc in general crashes, all altcoins btc ratio will crash as well because people are selling off their altcoins to cash out which lead to btc crash. This crash is caused by political events regard to crypto market.

Secondly, Btc raises
Likewise when btc raises, means more money flowed into crypto market and plenty of these money too eventually will flow into the altcoins, leading to increase of btc ratio for altcoins. This boom is caused by political events regard to crypto market.

Third, Bitgrail lost 17m nano to alleged hacks.
A group of people will panic sell, believing in the alleged hacks therefore possibility of 17m being dumped onto market
A group of people will spread fuds and cause more to sell
A group of people will know the above two will cause price drop so they will too sell to re-enter at low price

Forth, end of corrections.
When price changes with little volatility despite having decent volume for half a day, it indicate the end of correction.

Fifth, altcoin update
Long awaited update is delivered while assuring more to come, boosting confidence for the altcoin development.
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất