Are we all healthy? Where I am now there is a cyclone so the weather is a bit bad. It is bright now because cyclone Eloise is gone and you can watch the market trend. What is the current market trend?

Well, Bitcoin is showing a downward trend, and most Crypto(Litecoin, Ethereum, ADA, BAT, and so on so forth)  except POLKADOT is holding up the uptrend so far.

My last analysis was to define a Symmetrical Triangle so that I could determine how it should go. When the correction was made, Bitcoin did not rise to 50k but jumped down from 37700, confirming that decline from 34000 to 31000. There will be a pullback, and it will go down to 28000.

How do I know Market trends as well?

I use Tradingview, the tools in Tradingview are part of which I can identify it as encrypt points SELL(Red) and BUY(Green), Watchlists such as Performances, Technicals( STRONG SELL, SELL, NEUTRAL, BUY, STRONG BUY). In the chart above, the technicals manifest us that the market is in SELL ZONE.  I use Indicators such as Moving Average (MA), RSI, Stochastic Oscillator, line study where you can see Fibonacci, horizontal, vertical, trendline.

 These are the ones that allow me to identify and predict the market potential. All of these together provide the best results that are needed if you know how to use them. SELL position is profitable now in my personal opinion.I personally put a position at 31400 and look forward to profit at 28000.

Remember: "You Could Be Better Than You Think You Could Be"

Have good luck everyone.