đ When to Exit market ? đ
Or
get into the Bearish Trap for several years đ·
đ On the RSI (monthly timeframe), when we approach the 70 level, historically, it signifies the peak growth of the bull run, indicating a potential exit point for altcoins.
đ Closing above the previous all-time high (ATH) often results in a significant surge, followed by a correction. Subsequent highs on price but lower highs on the RSI signal divergence, indicating weakening momentum.
đ Once the second top is confirmed with RSI slope turning down, marked by the black vertical line, it's considered the optimal selling point.
đ This marks the beginning of a bear market, with the RSI dropping below 50 and remaining there for a prolonged period, presenting an opportunity to buy or accumulate altcoins.
đ As the RSI climbs back above 50, it signals the start of the initial bull market phase, followed by a rise above 70, indicating a cycle repeat.
đ This cyclical pattern guides the timing for exiting altcoins during peak bullish phases, followed by accumulation opportunities in bearish periods, aligning with historical RSI trends and market cycles.
#HotTrends #TrendingTopic: $BTC $SHIB $SOL