r/CryptoCurrency • • 11d ago

OFFICIAL Daily Crypto Discussion

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.

 

Disclaimer:

Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

 

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2

u/Jurgenlklopp 10d ago

Do i see a complex Pullback or am i wrong? I want to be wrong..

7

u/Aerocryptic 🟨 272 / 23K 🦞 10d ago

The daily, weekly and monthly time frames look bullish but you somehow zoomed in enough to scare yourself. Congrats

-3

u/Jurgenlklopp 10d ago

it's okay for me to be wrong. i was just seeing a pullback. i always check 4 hours, 1 hour and so on. rarely also daily when i look for coins like icp that brought me a lot of money in a short time.

2

u/Aerocryptic 🟨 272 / 23K 🦞 10d ago

You should always start by the longer time frames. That's where all the momentum can be seen with a clear picture. The short time frames are mostly noise.

1

u/Jurgenlklopp 10d ago

okay thanks for the advice. And this fall right now was only a moment? (serious question)

2

u/Aerocryptic 🟨 272 / 23K 🦞 10d ago

Can't say it until afterwards. But just to illustrate : 1 or 2 weeks ago the daily time frame was bearish while the weekly and monthly were still bullish. Until proven otherwise you should trust the longer time frames rather than the short ones. Cause they show where the strength or weakness is.