đ§ The biggest problem we all have is that we operate with feelings. When the price is low, we think it will fall further by #FUD and we do not buy. When it goes up, we expect it to pull back to buy. However, when we react, it is already too late and the price is too high, and the #FOMO takes over our being. đ°
At this point, you might make some profits, but ambition makes you wait longer, and by the time you react, the price is already way down. As a result, not only have you NOT won, but you have been stuck at a high price, not knowing for how long. đŹ
We're not at FOMO levels yet, in fact, we're early. It is estimated that $BTC will rise to the 150k â 200k range by mid-2025. But it will not rise without stopping; mini zones (âmzâ on the chart) of distribution will occur that can last a few weeks and macrozones that can last months. đ
On the weekly chart of #Bitcoin! , we are almost halfway through the bull run, with two micro zones and two macro zones of distribution. One more macro zone is expected at the end of 2024 and reaching the ATH in mid-2025. đ
If we go down to the daily chart, from September 2023 to July 2024, we see several microzones (mz on the chart) of some days, an intermediate macrozone between December 2023 and February 2024, and a current macrozone of the weekly chart. When we go down to 4H and 1H temporalities, we find new micro and macro distribution zones with opportunities to join the #BullRunđ . đ
But how do you know when to enter? Nobody knows, not even Satoshi Nakamoto. It is necessary to combine the analysis of indicators with risk appetite. đ§ I'm bullish and I'll explain why (see the chart below):
The first indicator that I like is the RSI, at the bottom of the chart we can see that it has exceeded oversold levels on two occasions, which indicates that the bearish period could be coming to an end.
Although it is not a technical indicator, I like to observe the fear and greed index, during these days it reached extreme levels of fear with a value of 27. This fear is not of the whales or of the large investors, this fear is of the masses. Whales buy the fear of the masses, that's why I like to watch it.
The third indicator is SQZMON, since it shows us graphically the direction of a trend. On the daily chart we can see that the direction is bullish and has just crossed the zero level, so the probabilities of the trend continuing are high. .
Now let's go to the chart, the first thing we notice is that the lows are getting higher, this means that someone is buying the pullbacks and it's not Germany, by the way đ (Lol).
We then see a bullish breakout that not only breaks one resistance level, but breaks two resistance levels.
Then we have the closing of the daily candle above the resistance, which confirms investors' buying intention.
Finally, we see that the fear and greed index is now in greed with a value of 65, and that is when the masses buy back what they sold below and in addition to some large investors enter the market, which raises the price, starting a new bull run
My equity strategy is to maintain an uninvested balance to buy into bigger dips or join the bull party. I use the capital distributed in 3 parts to buy by levels: at resistance level 2, below the distribution minimum, and at resistance level 1. If the price continues to fall, I wait; If it goes up, I'll be in. â
To confirm the distribution zones I do the following (see graph below):
First I look for entries in the 4-hour chart, and this is to see that the red zone of the SQZMON turns upwards. On the chart we see that we have no entry in 4 hours, since the SQZMON is in a green zone, with a tendency to change downward. However, the SQZMON on the daily chart in the image above indicates a recent upward trend. So in the 4-hour SQZMON it is unlikely that a red zone will form in the short term.
So I discard the 4-hour SQZMON and look for entries in the one-hour SQZMON, where we see that the RSI after several overboughts has retraced and now remains above 50%, which is very positive, then if we see the SQZMON of one hour, we see that a red zone has formed, which gives me confirmation of entry into this temporality.
As I said, I am already going in from the previous lows, and now I will join the trend with the strategy that I just revealed to you, if the price goes down I will buy in levels, and if it is below my three objectives I will simply wait.
And this is how you too can join a trend, but as I said before, nothing is certain, everything is a matter of probabilities, I combine analysis with my risk appetite and enter the market. This combination has so far been very profitable for me, so I have decided to open my operations to anyone who wants to copy me. It's best to learn on your own and do your own trading, but if you want to join in, remember that it's all at your own risk. These are my results these days, we are just getting started.
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â ïžAlways remember, this is not investment advice, do your own research (DYOR) and never invest money you are not willing to lose. Crypto investments are high risk, so you can lose all your money if you are not diligent. â ïž
