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It's been three or four days since the last visit. Spot market prices don't need to be monitored every day.
I only come out when I can provide useful information to everyone.
Now, in the midst of the pullback, we must talk about catching the bottom.
⭐️ "Where to Look During This Downfall?"
We only look at the weekly and daily charts for spot trading.
The pullback time for the daily line is at least 1-2 weeks at the fastest.
Currently, the probability of further decline is very high, just started to fall.
You are good at observation, and you will also learn from the candlestick of these months.
Patterns can be discovered in each pullback during a downward trend,
Pullbacks like this failed peak won't be too few,
The strength between the high and low points is ten thousand points.
The midpoint will rebound by several thousand points.
But eventually it will still fall to ten thousand points.
Pullback position one. 65000—64000
Pullback position 2. 61000-60000
Niu Bo believes that after the pullback position one
It will rebound several thousand points.
Then proceed to return to callback position two.
In conclusion, it is not yet suitable to catch the bottom.
But after the pullback is in place, in the second phase of the bull market rhythm,
Niuboy also agrees, will challenge new highs again.
Bulls won't leave that fast.
⭐️"How to Look at Altcoin?"
The pullback of this decline wave is not as long as before.
There is no preemptive decline in the stock market, which is a favorable trend.
Niubo believes that, after the overall panic dissipates,
AltCoin will continue its original trend.
In my own words:
Coins that make you money will continue to make you money.
/
But now the heat of altcoin funding,
Completely concentrated on a few coins,
This is something that everyone needs to pay special attention to, and it's also why I
The reason for mentioning swing trading in the pinned posts from April to July.
Also mentioned by Niubo, you have a lot of long term holdings of coins,
Not making money at all. Still have to find the current hot spots for swing trading.
This mindset continues to be effective next.
In addition, Niubo is mainly engaged in swing trading, and recommends coins as the basis.
Many of them have taken profit, there is no trapped.
/
When the price falls to the right level, Bull Market Expo will select the most suitable spot currencies for participation in June and July for everyone.
Wait for the altcoin to go bottom fishing, and then try to participate as much as possible after BTC falls to the right place, and try to participate in those coins that resist the fall as much as possible.