From psychological point of view - price was going high and they was successful convincing literally everyone that it will continue to go up then all of a sudden they nuke on their euphoria, then those who are a little bit brave to take the short of it are being targeted along the ones who are seeing this a bull run continuation so they take in both ways and finally cause frustration for both short term bulls and bears, then when the price drops to the last leg there is no enthusiasm and that's when the real deal starts.
If you missed entry at first now is your second chance.
ARBUSDTPREVIOUS ANALYSIS
OTHER ANALYSIS
PEOPLEUSDT
RSRUSDT
NEARUSDT
GMTUSDT
RONINUSDT
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It is also a psychological game as much as it is Technical and FundamentalNot
Now you know why I hate STOP LOSS imagine I've set it at the initial level by now we would have been kicked out of the trade and you've also learned that trading require flexibility and being reactionary ARBUSDTNot
This trade is crazy man, can't believe I am still init, and that F it moment. ARBUSDTClearly gave you the psychological aspect as much as the technical
From psychological point of view - price was going high and they was successful convincing literally everyone that it will continue to go up then all of a sudden they nuke on their euphoria, then those who are a little bit brave to take the short of it are being targeted along the ones who are seeing this a bull run continuation so they take in both ways and finally cause frustration for both short term bulls and bears, then when the price drops to the last leg there is no enthusiasm and that's when the real deal starts.
If you missed entry at first now is your second chance.
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UPDATE ARBUSDT
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Well the journey continues for ARBUSDT moving just as I predicted. watch out for next update
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.