The current DOM is creating a reversal candle pair in the M frame similar to 2021!
Uptrend - The Altcoin season has truly confirmed and is currently happening.
3 touch points of the DOM I expect:
- Blue point ~51% I expect to touch before Lunar New Year and slightly bounce back then decrease further.
- Green point - Red point ~47-40% I have 2 plans
+ Cut losses + 1 part of the main coin holding to switch to play new trends because the period from mid Q1 to early Q2 could be the phase to create a ponzi to pull crazy liquidity from new investors.
+ Cut everything clean when DOM is closer to 40% +-2% or if FOMO, only allocate a moderate amount of capital and accept losses to participate in patterns similar to gamefi 2021 or whatever is hot happening in the market at that time.
That's for the long term, for the short term just HOLD on, friends - Being poor takes a long time but being rich can happen in 2 W candles:))))