Hello traders!
The market is slipping down slowly but this fall is going to end soon but not for all the pairs if we look at the chart of Nearusdt we can see that it's about to break the support and as usual what I teach you is that market never moves in the direction of the breakout but it pushes back itself after the breakout. It happens because of sudden buyin/selling pressure. So expect some retracement which will start after the breakout of support and the real fall will start after the breakout of trendline where most traders are waiting to buy but we will go for the sell.
If we look at the 3rd breakout we can see a correction below the breakout. If this correction was connected with the support line then we should have seen another pump but because this was the third and the last breakout so it didn't connect purposely and started to fall.
If you want to learn this then I have posted an educational post with the title "Father of all strategies".
This is the last time I am warning the traders that don't follow traders who draw big lines after the breakout. They are just doing a dirty business of selling signals and paid courses which never works. LOL, because after the breakout market turns back and it is the natural behavior of the market.
There are a few more secret powerful methods that I will teach you soon.
Don't forget to hit the like button and follow to stay connected.
The market is slipping down slowly but this fall is going to end soon but not for all the pairs if we look at the chart of Nearusdt we can see that it's about to break the support and as usual what I teach you is that market never moves in the direction of the breakout but it pushes back itself after the breakout. It happens because of sudden buyin/selling pressure. So expect some retracement which will start after the breakout of support and the real fall will start after the breakout of trendline where most traders are waiting to buy but we will go for the sell.
If we look at the 3rd breakout we can see a correction below the breakout. If this correction was connected with the support line then we should have seen another pump but because this was the third and the last breakout so it didn't connect purposely and started to fall.
If you want to learn this then I have posted an educational post with the title "Father of all strategies".
This is the last time I am warning the traders that don't follow traders who draw big lines after the breakout. They are just doing a dirty business of selling signals and paid courses which never works. LOL, because after the breakout market turns back and it is the natural behavior of the market.
There are a few more secret powerful methods that I will teach you soon.
Don't forget to hit the like button and follow to stay connected.