In the Cryptocurrency market, Volatility is high..! The true range is the largest of the: Most recent period's high minus the most recent period's low. The absolute value of the most recent period's high minus the previous close. The absolute value of the most recent period's low minus the previous close. The smallest true range in the past trading year was 4.01%, but the biggest one was as big as 41.82%..! Yes, your investment in the Cryptocurrency market could be this volatile! My question is: What is your plan to manage this much volatility???
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
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I didn't want to believe you, but you nailed this. I was hoping to exit my crypto positions before xmas. A recovery by that time seems slim.
Blackjackdz
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thank you for sharing ! in short term, it is ok ! we are reaching the moon !
HannahN1512
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Thank you for your analysis. Do you have a separate chart for Bitcoin. I am considering to buy BTC for the first time but your Crypto chart shows a sign of the broken uptrend. Is it applied to BTCx chart as well. Where do you predict the good entry for BTC. I know it is hard to forsee anything in this volatile market but your opinion will be appreciated