Quote from: YUriy1991 on September 24, 2023, 05:24:20 AM

Quote from: Kemarit on September 22, 2023, 09:04:41 PM

Quote from: letteredhub on August 07, 2023, 11:15:05 AM

I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move? Feel free to express your opinion be you a professional or trading expert or not.

I don't think that we need to brainstorm it though, I'm no expert, but it seems that the price is going on a roller coaster ride.
Meaning, we are still in the bear market, we can't even break the $30,000 barrier again? So just expect that the market will go on a sideway pattern in short term.
So it could be this month, or maybe up to the end of the year.
But as others have said, since we are in the bear market, then still take advantage of the market, just continue to accumulate as much as you can.

That's right and I agree with you in reading this, yes, the market situation is still the same as before, it's still sideways and hasn't shown the direction of a good movement, but what we have to understand is how to take advantage of the situation and increase profits with a trading method that produces the important thing that is realistic and not dizzy after entering the market because the ultimate goal in trading is profit, not loss.

Indeed, the aim of trading is to make a profit, but you have to understand the price chart patterns in the market, where the price movement is going. If you can't analyze it and just rush to buy when you see prices going down, you will be trapped in a bad market and you will lose. It is very important to carry out detailed analysis before trading because the market can move in any direction very quickly.