Always choose bullish tokens to go long----SOL
After BTC failed to stand above 70000, it did not fall much. The bulls seemed to intend to gather strength again to attack the 70000. The FOMC will be announced today. Although the market does not expect the FOMC to cut interest rates this time, time is passing and the best news is the absence of bad news. Employment data for July will be released on Friday. Yes, this is a great opportunity for BTC.
However, Altcoins do not want to take this risk. Most Altcoins are waiting for BTC to reach the target before taking action. Hah, you know why. Therefore, in the current environment, tokens that are still rising or maintaining fluctuation are good choices for trading, and and are less likely to be manipulated.
So, a month after the last article was published, SOL became the subject of our discussion again. At the 4h level, SOL prompted a BUY signal on July 15 and started a new rise after that. After the SOL hit 190 yesterday, it started to pull back, the wavy area came into play again, preventing further declines. The bullish trend in SOL is currently performing well.
If you are an investor with a low risk appetite, always choose a bullish token to go long, or a bearish token to go short.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
However, Altcoins do not want to take this risk. Most Altcoins are waiting for BTC to reach the target before taking action. Hah, you know why. Therefore, in the current environment, tokens that are still rising or maintaining fluctuation are good choices for trading, and and are less likely to be manipulated.
So, a month after the last article was published, SOL became the subject of our discussion again. At the 4h level, SOL prompted a BUY signal on July 15 and started a new rise after that. After the SOL hit 190 yesterday, it started to pull back, the wavy area came into play again, preventing further declines. The bullish trend in SOL is currently performing well.
If you are an investor with a low risk appetite, always choose a bullish token to go long, or a bearish token to go short.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
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