If you are worried about the current decline in the cryptocurrency market, it is important to understand that this is part of a natural cycle. This is known as the accumulation phase, described in the Wyckoff method. This process is often used by major players, known as "whales," to acquire assets at low prices from inexperienced traders who may mistakenly take what is happening as the beginning of a large-scale crash.
What does this look like? First, we see a sharp drop in prices, causing fear and doubt among market participants. Then comes a short-term rise, creating a false sense of hope, after which the price drops again. Such fluctuations gradually undermine investor confidence until the asset reaches the so-called "triple bottom" — the point of minimum values. At this stage, many traders begin to sell off assets en masse, believing that further declines are inevitable.
But in reality, this moment becomes the starting point for future growth. Major investors actively buy assets at minimal levels, forming a base for a new strong upward trend.
Analysis: The chart shows a rebound of NOTCOIN after a period of decline, which aligns with previously made accurate forecasts. The current structure indicates a possible trend reversal, which may suggest the beginning of an upward movement. Support from key trend lines further confirms the optimistic sentiment in the market.
Target price levels: Considering technical indicators, the first benchmark is around 0.0079, with further growth potential up to 0.0097, which coincides with the previous peak. It is recommended to monitor market changes to choose optimal moments for entering and exiting trades!
$NOT As they say, first come, first served😉 Recommendation: Buy 50% of the capital that you can invest in $NOT And set the purchase price for the remaining 50% at 0.006900 (because there may be a rollback to the support level)
As soon as the dominance of $BTC passes, #мемы and #альта will go