I was skimming your past posts and found out you are trading mainly on BTC and ETH against USD. Are you also holding or trading altcoins, if I may ask?

Over the past few days, the cryptocurrency market has almost experienced a price boom, because 20% of the unexpected price increase of most of the most famous coins is a little misleading.  I do not know what to do at the moment, because I have practically no experience and I'm only trying to learn all the basics of daily passwords.  It seems to me that the current situation needs to be waited to see what will happen next.  But if we talk about the topic of the question asked in this topic, that is, whether I will achieve good results in trading, I will undoubtedly also be able to give up my hard permanent job with great pleasure.

I'm still looking at the range where it stabilizes a little and be consistent for hours or probably days to make sure that I got the right stop buys or stop sells in the right direction. I'm currently leaning on my trading style as knowing when to take a trade and how to take profit with just volume and price action. In spite of all the indicators, I'm feeling a little bearish on my charts.

I am not an expert in trading, therefore I prefer to invest in startups project (ICO,IEO,ITO). I have chosen a several of good projects based on my own judgment, but before investing in there, I want to ask, according to your analysis in the next 3 months the price of bitcoin will be stable, down, or up? thank you for your attention.

Did you enter in this movement? I think 8400 will a strong resistance but in a short time price goes up again.

The latest situations (dump and after growth) didn't have a reliable confirmation to make a deal. Or it should be based on the experience and some 6th feeling to enter. Not on the TA. Is not it? After $8600 we have time to consolidation but so much green candles must be corrected. And nothing, the price goes up again. What's wrong?

OP, I'd like to hear your opinion on the current bitcoin price. Considering Bitcoin moved about 25%+ and reaching a high of $10,300 in the last 24hrs.

- - What do you think the price is heading to now? It's retracing now, currently at $9035 (at the time of this reply).  Also, are we going to see 10K levels anytime soon?

- - What's your lomg term view on Bitcoin? 👆 Or 👇.

I haven't traded in a while due to university exams. So I'm currently paper trading till I get the hang of everything once again. I would appreciate if you share your answers to my questions.

Great news actually that it breaks the downtrend and the price will not reach the $5k, great news for all of us who are holding, for those who missed the opportunity to buy at $7500 still there's lot of time, so we should not lose hope about it. At least, we have proven that the demand for BTC is still increasing.

Looking at the broader picture of Bitcoin price movements (1d) that is worth saying that yesterdays' drop signified the confirmation of the downwards channel lasting for 4-month.

Interestingly, the drop below $7500 coincided with the daily maximum of Bakkt trading volumes.
Anyway, that is not what the post is about.

What we have currently is $7400-$8500 neutral diapason with several signoficant support & resistance lines marked as price target.

$5600 acts as a final bearish target, while $10400 is a bullish final target for now. The consolidations and retests are expected at the strong levels zone, including downwards trend lines (yellow & green) that, supposedly, will contribite signoficantly to the price dynamics.

At the moment, bitcoin is on its way to recover the huge price it was at during last pump session. In short we can say that the mighty coin is in recovery phase and gradually it is going to reach some new price to set a new record. The slight increase in its value is a green signal for the buyers and holders to collect more of it.

Looking at the broader picture of Bitcoin price movements (1d) that is worth saying that yesterdays' drop signified the confirmation of the downwards channel lasting for 4-month.

Interestingly, the drop below $7500 coincided with the daily maximum of Bakkt trading volumes.
Anyway, that is not what the post is about.

What we have currently is $7400-$8500 neutral diapason with several signoficant support & resistance lines marked as price target.

$5600 acts as a final bearish target, while $10400 is a bullish final target for now. The consolidations and retests are expected at the strong levels zone, including downwards trend lines (yellow & green) that, supposedly, will contribute significantly to the price dynamics.

BNBUSDT was fluctuating in a firm upwards diapason for a week approximately.

On the 23th of October-eve of 24th, the price broken out the support and reached the support of October, 13.

As soon as the price rebounded from the support the bull rally started.

Opened a long position at the confirmation, for now closed 50%. Waiting for the consolidation on the resistance levels (marked in yellow).

The price may stop moving at reaching both resistance levels - horisontal and the lower border of the upwards trend (marked in white).

BNBUSDT was fluctuating in a firm upwards diapason for a week approximately.

On the 23th of October-eve of 24th, the price broken out the support and reached the support of October, 13.

As soon as the price rebounded from the support the bull rally started.

Opened a long position at the confirmation, for now closed 50%. Waiting for the consolidation on the resistance levels (marked in yellow).

The price may stop moving at reaching both resistance levels - horisontal and the lower border of the upwards trend (marked in white).

Psychology's where my money's always at in the short term (not that I trade on it, so I don't feel bad if I turn out to be wrong). But I tend to see 7k and 8k as the more obvious demarcations, mid range is always just something to think about but now dwell on.

I don't have a strong opinion of what's October going to end. For practical purposes of end of month, I would like a dip to 7k, before a bounce back to 8k just as I sell.

That rebound needs a bigger dip first though. Not likely in the next 24 hours I feel.