Today and especially tomorrow, God willing; many currencies will start moving in preparation for moving to the closing point of the current monthly candle. This closing area will also be in order to form a tail for the next monthly candle when it opens.
More clearly: The currencies that will start to rise next month will rise during the day or tomorrow, God willing, in order to form the tail of the new monthly candle when it opens; that is, they will fall in the first days of February in order to form a lower tail for the candle, and then rise.
Noting that February will be a month of mixed trends: - There are currencies that will start to rise (either gradually or noticeably). - Other currencies will go through a sideways trend (i.e. a stage of accumulation). - Other currencies, especially those that have risen significantly, will be in a liquidity discharge stage. - Others may continue to fall in preparation for the rise in the coming months.
This lesson will be explained quickly and simply, as this lesson is considered one of the most important shapes formed by currency candles in the frame.
The clarity of this shape, which is the triangle shape (▶️) or what is often known as the "flag and mast" (🚩)
It forms this shape that may be drawn continuously on all types of frames (monthly - weekly - daily - .... and even the minute frame) as it continues to form candles until it reaches the zero point, which is the acute angle in the triangle.
After this shape is completed, the currency must move; either up or down.
That's why we will notice tomorrow or the day after tomorrow at most, that the two currencies will move significantly, God willing.
As tomorrow, Monday, is the opening day of the new weekly candle, and this is what we are used to at the beginning of every new week for digital currencies.
We wish everyone success, God willing
For more lessons, tips and recommendations You will find them on our channel with the same ID as us in Binance
It is one of the new currencies, and it may rise well,
But as we always remind you, entering into new currencies is considered a great risk due to their fluctuations.
If you enter it, the stop loss will be 27% away
That is, if you enter from its current price, the first point of a sell order is at a price of $ 0.38, and the second point of a sell order is at a price of $ 0.66
As for placing the stop loss at a point of $ 0.228
$ANIME coin is a new coin and will be launched now in just 10 minutes.
Note before anything else: (We always do not recommend entering new currencies due to their strong fluctuations)
Because Binance put it among the currencies with a countdown, it is expected to have momentum during the current and next week. Binance does not put its currency with this interest unless it has temporary momentum, as happened to the $USUAL coin, and now it has fallen sharply after its significant rise.
So be careful. We repeat, we do not recommend it at all.
Currencies that have fallen and not risen so far, it is preferable to consolidate and be patient during the next two weeks.
The sell order should be at a minimum at the opening of the previous red weekly candle, as well as at the opening point of the candle before it (i.e. at the opening "at the top" of the bearish weekly candle that was before last week)
The next new weekly candle; Trump's return to the White House again
Next Monday (January 20) is the opening day of the new weekly candle, the day Donald Trump returns to the White House and is inaugurated as the new President of the United States of America.
Therefore; and through the previous events in the noticeable movement of currencies on the day of announcing Trump's victory in the US elections, due to his previous speeches in support of cryptocurrencies; it is expected that there will be a noticeable and large movement of currencies in general.
But because many currencies have reached their highest historical peaks, it is necessary to take the necessary precautions in the event that currencies move in the opposite direction to the market.
Only 10 days for our analysis of the $ZEN coin from the beginning of its decline, where we determined the purchase points, and today it came back strongly in the rise.
It will continue to fall for correction during the coming days, God willing, gradually (i.e. a fall and then a rise, but by a small percentage, .... and so on)
As its current price is now $28.5
It will also find resistance at $24.6
It is expected to fall to $22
And it may continue to fall to $20
And buying at $22 and $20 will be excellent, God willing.
And we ask God Almighty for success for everyone.
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♻️ Cryptocurrency Analysis Channel on ⓣLGRAM with the Same ID as Binance
From now on, you should be very careful with the $XRP currency.
From its previous historical movement, it has a very large and sudden decline after any large rise that occurs to it.
Therefore, you should activate the stop loss, noting to leave a reasonable price distance between the stop loss activation box and the limit order box to stop losses.
As we mentioned to you, currencies will start to recover during this week, and in order to deal with this recovery, it is as follows:
🔶️ First: Currencies that have broken their highest peak in history in the past months, it is better to sell at the opening point of the previous red weekly candle as a minimum, as it is possible for it to rise a little more than that, but it is better to sell at this point (and the opening point of the previous red weekly candle is the same as the closing point of the green weekly candle before it)
Today, January 13, 2025 AD, after many currencies have fallen, this post was written and kept as a note until its content is achieved, God willing.
So most traders will not accept this talk, which is that currencies will return to rise, and Bitcoin after its decline to 89 thousand will return to 98 thousand and may continue to rise to 99 or 100 thousand during the next two weeks only.
As we mentioned to you, currencies will start to recover during this week, and in order to deal with this recovery, it is as follows:
🔶️ First: Currencies that have broken their highest peak in history in the past months, it is better to sell at the opening point of the previous red weekly candle as a minimum, as it is possible for it to rise a little more than that, but it is better to sell at this point (and the opening point of the previous red weekly candle is the same as the closing point of the green weekly candle before it)
This is a quick example of what is happening during this period.
As you can see on the Bitcoin currency in the monthly frame in its first big rise in 2021.
It rose, then fell over three months, and then began to rise over another four months to return to price areas that it had to return to.
What is happening during this period is a collection of liquidity to return to the rise again in the coming months.
Whales have a long-term view of trading, and that is why they make big profits due to the psychological factor that confuses small traders with a momentary view of trading, who enter currencies that have risen significantly during the day.
That is why we started with you with the analysis and reminding you every period that it is preferable to trade for the long term.
As we mentioned to you, there are price points that each currency must return to, and these price points are called (Fair Value Gap)
Therefore, you should read the previous post to learn how to deal with this situation.
🔻 Since the market has reversed today, everyone who owns any currency should do the following:
🟡 Those who own currencies that have risen significantly such as XRP and XLM and other currencies that broke the previous monthly peak, should activate the stop loss at the nearest resistance point on the daily frame.
The currencies are re-entered at the 50% and 61.8% points on the Fibonacci tool on the weekly frame. (The decline of these currencies to these levels may be delayed)
🟢 As for those who own currencies that have not broken the previous monthly peak, (especially the currencies that we mentioned to you previously in a special post that they are for long-term investment), the currency is not sold no matter what. Rather, the currency is reinforced by a small amount with each decline, or it is preferable to wait if the currency reaches the 61.8% or 78.6% point or even lower. Then it is reinforced by a small amount, then be patient.
What happened today is a collection of more liquidity.
Currencies must return to rise no matter what, there are price zones that currencies must return to, but the rise may be delayed again at the end of February or in March.
🔻 Since the market has reversed today, everyone who owns any currency should do the following:
🟡 Those who own currencies that have risen significantly such as XRP and XLM and other currencies that broke the previous monthly peak, should activate the stop loss at the nearest resistance point on the daily frame.
The currencies are re-entered at the 50% and 61.8% points on the Fibonacci tool on the weekly frame. (The decline of these currencies to these levels may be delayed)
🟢 As for those who own currencies that have not broken the previous monthly peak, (especially the currencies that we mentioned to you previously in a special post that they are for long-term investment), the currency is not sold no matter what. Rather, the currency is reinforced by a small amount with each decline, or it is preferable to wait if the currency reaches the 61.8% or 78.6% point or even lower. Then it is reinforced by a small amount, then be patient.
What happened today is a collection of more liquidity.
Currencies must return to rise no matter what, there are price zones that currencies must return to, but the rise may be delayed again at the end of February or in March.