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Still, for those who missed out, a second opportunity could be forming between 25450-25600....There is a chance the market could reverse from this level. If it sustains, the targets will be 26800 - 27200+
If it breaks down by any chance, due to news or selling pressure, then the 25160 and 24880 levels could be tested...But for now, it is still a good time to keep adding on dips, only for a 1-3 year horizon ☄️
Add On Dips 🎁
Diversified Portfolio with good stocks/etfs = Profitable Portfolio ✔️
Need a strong candle closing above 287-289 for upside targets ( 320, 345++)
Result Date - 3 November
Expecting Good results but still entry only above 289 👀
#AWL
BTC 💸
105 -- 114.7k ( Sideways Zone)
If there is a strong weekly or daily close below 105k, the market could test price levels at 98k, 92k, and 86.5k...There is a higher probability of this happening right now, especially if no positive crypto-related news emerges
Conversely, if the market secures a weekly or daily close above 114.7k with strong volumes, then upside levels of 117k, 119k, and 124k could be tested
It's possible that the market might go down once, create an upside trap (a bull trap), and then head properly down...Alternatively, it could also move down directly if selling pressure builds
Predicting the future of a stock or coin is as difficult as predicting the exact weather ⛈️ a month from now
Prediction is very difficult, especially if it's about the future - Niels Bohr QuotesShort-Term vs. Long-Term ⌛ In the short term, stocks and coins are highly unpredictable 🎢 because many factors matter: 1️⃣Macro 🌍 and microeconomics 📈 2️⃣Trends 📊 News 📰 3️⃣Fundamentals 📝 4️⃣Quarterly Results 🧾 and much more However, in the long term Vision, what truly matters is: 1️⃣The company's quality compared to its industry 🏭 2️⃣Whether its valuation is reasonable 💰 3️⃣If its earnings are sustainable ♻️ 4️⃣If it has "futuristic" (future-proof) qualities 🚀 The Importance of Diversification 🧺 The second most important part of staying in the market is the diversification of capital If you invest your entire amount in one single asset 🚫, you are likely to panic-sell 😱 during a bear run 🐻. You might fall into the "fear" category and be unable to add more capital. Conversely, when your capital is diversified: You can book profits 🤑 from one area. You can use that capital to average down 👇 on your long-term positions that are at a loss This strategy helps keep your capital equally diversified across assets ⚖️ and helps you generate good, average returns every year 📈
If you've taken a position, move your SL to the cost and you can also book some profit ✔️
BCH
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