NaDeR-9
34 Posts
NaDeR-9
الحياة لحظات تمتع بكل لحظة جميلة
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$BTC #BitcoinETFWatch
🟣 Monthly
• Trend: corrective within a long-term uptrend.
• Critical area: 75k – 82k
• Monthly close above 82k = correction is still healthy.
⸻
🔵 Weekly
• Trend: corrective downtrend.
• Strong support: 75.7k
• Resistances: 85k → 93k
• As long as below 93k = pressure continues.
⸻
🟢 Daily
• Oversold (low RSI) → potential rebound.
• Supports: 78.5k → 75.7k
• Nearby resistance: 82k – 84k
⸻
🟡 4H / 1H
• Weak technical rebound within a downtrend.
• Any rise without breaking 82–84k = selling opportunity for rebounds.
⸻
✅ Summary
The market is in a strong correction, and a rebound is possible but uncertain.
75.7k critical support
82/84k pivotal resistance
🟣 Monthly
• Trend: corrective within a long-term uptrend.
• Critical area: 75k – 82k
• Monthly close above 82k = correction is still healthy.
⸻
🔵 Weekly
• Trend: corrective downtrend.
• Strong support: 75.7k
• Resistances: 85k → 93k
• As long as below 93k = pressure continues.
⸻
🟢 Daily
• Oversold (low RSI) → potential rebound.
• Supports: 78.5k → 75.7k
• Nearby resistance: 82k – 84k
⸻
🟡 4H / 1H
• Weak technical rebound within a downtrend.
• Any rise without breaking 82–84k = selling opportunity for rebounds.
⸻
✅ Summary
The market is in a strong correction, and a rebound is possible but uncertain.
75.7k critical support
82/84k pivotal resistance
$SOL #CZAMAonBinanceSquare $BTC
� SHORT deal — SOL/USDT
🎯 The idea is to link the trade with Bitcoin
• BTC is under critical resistance (79.5k) and the rebound is weak
• SOL is relatively weaker → any rejection on BTC = direct pressure on SOL
⸻
📍 Entry
Scenario A (best)
• Entry: 107.20 – 108.00
• Condition: SOL fails to break 108 + BTC rejects 79.5k
Scenario B (support break)
• Entry: 104.80 break and close below for 15 minutes
• Condition: BTC fails and starts to drop
⸻
🛑 Stop Loss
• 110.50 (clear above resistance + protection from wicks)
⸻
🎯 Targets
1. 102.80 ✅ (First target – reduce 30–40%)
2. 100.20 ✅ (Second target)
3. 96.50 – 96.40 🎯 (Main target)
⸻
🔗 Cancellation condition (important)
• ❌ Cancel the trade if :
• BTC breaks and holds above 79,800 with a 1-hour close
• Or SOL closes 1 hour above 110.50
⸻
⚙️ Risk Management
• Leverage: 3x – 5x (no more)
• Trade size: risk 1–2% of capital
• After reaching the first target:
• Move the stop to entry (Risk-Free)
📍Important Note (this is not a buy recommendation, just a technical opinion that may be incorrect)
� SHORT deal — SOL/USDT
🎯 The idea is to link the trade with Bitcoin
• BTC is under critical resistance (79.5k) and the rebound is weak
• SOL is relatively weaker → any rejection on BTC = direct pressure on SOL
⸻
📍 Entry
Scenario A (best)
• Entry: 107.20 – 108.00
• Condition: SOL fails to break 108 + BTC rejects 79.5k
Scenario B (support break)
• Entry: 104.80 break and close below for 15 minutes
• Condition: BTC fails and starts to drop
⸻
🛑 Stop Loss
• 110.50 (clear above resistance + protection from wicks)
⸻
🎯 Targets
1. 102.80 ✅ (First target – reduce 30–40%)
2. 100.20 ✅ (Second target)
3. 96.50 – 96.40 🎯 (Main target)
⸻
🔗 Cancellation condition (important)
• ❌ Cancel the trade if :
• BTC breaks and holds above 79,800 with a 1-hour close
• Or SOL closes 1 hour above 110.50
⸻
⚙️ Risk Management
• Leverage: 3x – 5x (no more)
• Trade size: risk 1–2% of capital
• After reaching the first target:
• Move the stop to entry (Risk-Free)
📍Important Note (this is not a buy recommendation, just a technical opinion that may be incorrect)
$BTC BTC – Ultra Short Technical Summary
• Trend: Short-term bearish, weekly corrective
• Key Support:
88.5k → 86.7k → 84.5k → 82k
• Key Resistance:
91k → 93k → 97k → 100k
• RSI: Near oversold → short-term bounce possible
• Bias:
• Below 93k = sell rallies
• Above 93k = recovery attempt#ETHMarketWatch
• Trend: Short-term bearish, weekly corrective
• Key Support:
88.5k → 86.7k → 84.5k → 82k
• Key Resistance:
91k → 93k → 97k → 100k
• RSI: Near oversold → short-term bounce possible
• Bias:
• Below 93k = sell rallies
• Above 93k = recovery attempt#ETHMarketWatch
$AXS AXS Market Summary (Short-Term View)
AXS is currently in a corrective downtrend after a strong impulsive rally from the lows. The recent bounce from the 2.50 area is technical in nature, supported by short-term volume, but has not yet confirmed a trend reversal.
Price is now approaching a key resistance zone between 2.62 and 2.65, where selling pressure is likely to appear. The broader momentum on the 1H and 4H timeframes remains bearish to neutral, and volume does not yet indicate strong accumulation.
Key Levels
• Support: 2.50 – 2.48
• Resistance: 2.62 – 2.65
Bias
• Cautious / Neutral
• A confirmed 1H close above 2.65 is required to shift bias bullish.
• Failure at resistance may lead to a retest of the 2.50 support zone.
Conclusion
At current levels, price action favors patience and confirmation, not aggressive long entries.
⸻
If you want, I can also write:
• A trader-style note
• A risk-averse strategy summary
• Or a one-sentence market outlook#GrayscaleBNBETFFiling
AXS is currently in a corrective downtrend after a strong impulsive rally from the lows. The recent bounce from the 2.50 area is technical in nature, supported by short-term volume, but has not yet confirmed a trend reversal.
Price is now approaching a key resistance zone between 2.62 and 2.65, where selling pressure is likely to appear. The broader momentum on the 1H and 4H timeframes remains bearish to neutral, and volume does not yet indicate strong accumulation.
Key Levels
• Support: 2.50 – 2.48
• Resistance: 2.62 – 2.65
Bias
• Cautious / Neutral
• A confirmed 1H close above 2.65 is required to shift bias bullish.
• Failure at resistance may lead to a retest of the 2.50 support zone.
Conclusion
At current levels, price action favors patience and confirmation, not aggressive long entries.
⸻
If you want, I can also write:
• A trader-style note
• A risk-averse strategy summary
• Or a one-sentence market outlook#GrayscaleBNBETFFiling
A tip is to learn everything before you do anything
محمد أحمد الجوكر
·
--
Is anyone understanding and can tell me what to do, and am I trading now or not?
Can I get some advice?
Can I get some advice?
Your coins are nice, but don't expect double profits from them. Try to be satisfied with a profit of, say, 50%. As for your last coin, it is a stable coin, not an investment coin.
WhealNada
·
--
#VIRTUALWhale
When is the coin season and when will the bull run come?
Because we are getting bored waiting
My current currencies are many including
Btc, eth, sol, bnb, usdc, and others
When is the coin season and when will the bull run come?
Because we are getting bored waiting
My current currencies are many including
Btc, eth, sol, bnb, usdc, and others
Goals $MOVR
Green color: the near range is between 20 - 26
Blue color is the middle range between 32 - 43
Red color is a long-term investment goal 54
This is a personal prediction and not investment advice
#MOVRUSDT
Green color: the near range is between 20 - 26
Blue color is the middle range between 32 - 43
Red color is a long-term investment goal 54
This is a personal prediction and not investment advice
#MOVRUSDT
💰🕯
⭐️ 5 times correction from the bottom of 2015 to the peak of 2017.
⭐️ Correction 5 times from the bottom of 2020 to the peak of 2021.
⭐️ Now there are 4 corrections from the bottom of 2022 to now 2024
😗😗😗😗😗😗😗😗😗😗😗
If the same behavior continues for the previous two cycles, I expect a rise in the next period and then a correction in the beginning to the middle of September, which will be the fifth correction, and then a rebound from mid-October to achieve the top of the cycle in November.
and God is superior and knows best .
#Binance #bitcoin #BTC
$BTC
⭐️ 5 times correction from the bottom of 2015 to the peak of 2017.
⭐️ Correction 5 times from the bottom of 2020 to the peak of 2021.
⭐️ Now there are 4 corrections from the bottom of 2022 to now 2024
😗😗😗😗😗😗😗😗😗😗😗
If the same behavior continues for the previous two cycles, I expect a rise in the next period and then a correction in the beginning to the middle of September, which will be the fifth correction, and then a rebound from mid-October to achieve the top of the cycle in November.
and God is superior and knows best .
#Binance #bitcoin #BTC
$BTC
🪙📈
Market cap analysis and objectives for the market
Positive weekly frame. 📈
Now $2.4 trillion
🕯 Targets 💡
😢 The first goal is $2.9 trillion
😢 Second goal: $3.7 trillion
😚 I expect a correction when the first target is reached from 2.9 to the 2.6 range before rising again and targeting the second target of 3.7 trillion.
It must be updated when the second goal is reached.
🤓
It is an important support to maintain to complete the 2.2 trillion rising trend and not to close a week below this support to avoid changing the trend.
This is an opinion and not investment advice
#Binance #solana #bitcoin #BTC
$BTC $ETH
Market cap analysis and objectives for the market
Positive weekly frame. 📈
Now $2.4 trillion
🕯 Targets 💡
😢 The first goal is $2.9 trillion
😢 Second goal: $3.7 trillion
😚 I expect a correction when the first target is reached from 2.9 to the 2.6 range before rising again and targeting the second target of 3.7 trillion.
It must be updated when the second goal is reached.
🤓
It is an important support to maintain to complete the 2.2 trillion rising trend and not to close a week below this support to avoid changing the trend.
This is an opinion and not investment advice
#Binance #solana #bitcoin #BTC
$BTC $ETH
Book/imminent deals
Written by: David H. Weiss
The book focuses on how to use classic Wyckoff principles to make profitable trades in the financial markets. The book explains how to analyze price/volume behavior and identify turning points in the markets.
📌 Analysis of price and volume behavior
Use price behavior analysis with volume to understand market dynamics and identify turning points.
📌 Animated trend lines
Use trend lines to draw support and resistance lines
📌 Understanding lateral bands: Studying narrow lateral bands can provide powerful trading signals.
📌Drawing support/resistance lines: Draw support and resistance lines to determine entry and exit points.
📌 Penetrations and imaginary fractures
Be careful of fake breakouts and breakouts that always fool traders
📌 Identifying trading signals at turning points in the trend structure and identifying trading signals at turning points helps in making buying and selling decisions.
📌 Time analysis of trend waves
Recording the time it takes for unusual waves to determine the approach or beginning of the end of the trend of the wave.
📌Develop intuitive appreciation
Spend a long time in front of the chart to develop a strong intuitive ability and an analytical view of the shape of the patterns and get used to them visually.
📌 Use for volume sizes
Trading analysis using volume to better understand market dynamics.
#bitcoin #Binance
Written by: David H. Weiss
The book focuses on how to use classic Wyckoff principles to make profitable trades in the financial markets. The book explains how to analyze price/volume behavior and identify turning points in the markets.
📌 Analysis of price and volume behavior
Use price behavior analysis with volume to understand market dynamics and identify turning points.
📌 Animated trend lines
Use trend lines to draw support and resistance lines
📌 Understanding lateral bands: Studying narrow lateral bands can provide powerful trading signals.
📌Drawing support/resistance lines: Draw support and resistance lines to determine entry and exit points.
📌 Penetrations and imaginary fractures
Be careful of fake breakouts and breakouts that always fool traders
📌 Identifying trading signals at turning points in the trend structure and identifying trading signals at turning points helps in making buying and selling decisions.
📌 Time analysis of trend waves
Recording the time it takes for unusual waves to determine the approach or beginning of the end of the trend of the wave.
📌Develop intuitive appreciation
Spend a long time in front of the chart to develop a strong intuitive ability and an analytical view of the shape of the patterns and get used to them visually.
📌 Use for volume sizes
Trading analysis using volume to better understand market dynamics.
#bitcoin #Binance
🪙🪙
Bitcoin Acquisition Analysis BTC.D
🤩 Now possession is 54%
🤩 Analysis on a weekly frame to anticipate the movement of the upward cycle of possession.
🤩 Now in the framework of forming the bottom of wave 4 and then launching in the last wave 5 and targeting
A target of 60%, then a reversal and entry into a major correction for the acquisition, targeting 47%.
🤩 The expected time period for completing this movement is approximately 4 to 6 months.
🤩 Signal of movement starting with 56% penetration
🤩 As for alternative currencies, the beginning of exiting from them and making profits with the acquisition reaching the goal of 47%
This is my personal view and not a recommendation
#Binance #bitcoin
$BTC
Bitcoin Acquisition Analysis BTC.D
🤩 Now possession is 54%
🤩 Analysis on a weekly frame to anticipate the movement of the upward cycle of possession.
🤩 Now in the framework of forming the bottom of wave 4 and then launching in the last wave 5 and targeting
A target of 60%, then a reversal and entry into a major correction for the acquisition, targeting 47%.
🤩 The expected time period for completing this movement is approximately 4 to 6 months.
🤩 Signal of movement starting with 56% penetration
🤩 As for alternative currencies, the beginning of exiting from them and making profits with the acquisition reaching the goal of 47%
This is my personal view and not a recommendation
#Binance #bitcoin
$BTC
Next supermarket appointment
⬅️ Chart analysis ➡️
The chart shows that the United States' GDP is now $28 trillion in 2024. I expect the peak will be $30 trillion, including a reflection of the recession.
🔣 Recessions 🔣
😖- The chart identifies four important recession periods
😖- The 2000 recession indicates an economic slowdown during this year.
😖- The 2008 recession is linked to the global financial crisis that began in 2007 and continued until 2009.
😖 -The 2020 recession refers to the economic slowdown resulting from the Covid-19 pandemic.
- Expecting the next recession
2025 (expected) when GDP reaches 30 trillion
⬇️🔔
The lower part of the chart shows the RSI indicator, where it can be noted that every time the RSI indicator reached levels of 100, a recession occurred.
This happened in 2000, was repeated in 2008, and was repeated in 2020.
Now it has reached 89, and by the way, it is noticeable that this fluctuation is not rapid, meaning it needs to reach 100 RSI, not less than 6 months.
🔔 Conclusion 🔔
Therefore, I expect, based on the GDP, CB, and CPI readings, that the markets have a chance to rise and achieve peaks before entering a recession-sponsored bear market, the beginnings of which may take shape in the first quarter of 2025, and God knows best.
👇
Therefore, I expect that the recession will be the catalyst and reason
Next supermarket 2025/2026,
$BTC
#Binance #bitcoin
⬅️ Chart analysis ➡️
The chart shows that the United States' GDP is now $28 trillion in 2024. I expect the peak will be $30 trillion, including a reflection of the recession.
🔣 Recessions 🔣
😖- The chart identifies four important recession periods
😖- The 2000 recession indicates an economic slowdown during this year.
😖- The 2008 recession is linked to the global financial crisis that began in 2007 and continued until 2009.
😖 -The 2020 recession refers to the economic slowdown resulting from the Covid-19 pandemic.
- Expecting the next recession
2025 (expected) when GDP reaches 30 trillion
⬇️🔔
The lower part of the chart shows the RSI indicator, where it can be noted that every time the RSI indicator reached levels of 100, a recession occurred.
This happened in 2000, was repeated in 2008, and was repeated in 2020.
Now it has reached 89, and by the way, it is noticeable that this fluctuation is not rapid, meaning it needs to reach 100 RSI, not less than 6 months.
🔔 Conclusion 🔔
Therefore, I expect, based on the GDP, CB, and CPI readings, that the markets have a chance to rise and achieve peaks before entering a recession-sponsored bear market, the beginnings of which may take shape in the first quarter of 2025, and God knows best.
👇
Therefore, I expect that the recession will be the catalyst and reason
Next supermarket 2025/2026,
$BTC
#Binance #bitcoin
One of the most important tips provided by the book
“Rich Dad Poor Dad” by Robert Kiyosaki:
1. Asset investment
Focus on buying assets that generate income, such as real estate, stocks, and businesses, rather than things that consume money.
2. Financial education
Learn the basics of money, investing and accounting, and continue to develop your financial knowledge.
3. Risk management
Be prepared to take calculated risks and invest in opportunities that can increase your wealth in the long term.
4. Building cash flows
Work to achieve stable and sustainable cash flows from your investments.
5. Think like an entrepreneur
Look for opportunities to start your own business instead of relying solely on traditional work.
7. Control spending: Avoid overspending and control your expenses to maintain a balanced budget and invest the surplus.
#CryptoMENA #Binance #bitcoin
“Rich Dad Poor Dad” by Robert Kiyosaki:
1. Asset investment
Focus on buying assets that generate income, such as real estate, stocks, and businesses, rather than things that consume money.
2. Financial education
Learn the basics of money, investing and accounting, and continue to develop your financial knowledge.
3. Risk management
Be prepared to take calculated risks and invest in opportunities that can increase your wealth in the long term.
4. Building cash flows
Work to achieve stable and sustainable cash flows from your investments.
5. Think like an entrepreneur
Look for opportunities to start your own business instead of relying solely on traditional work.
7. Control spending: Avoid overspending and control your expenses to maintain a balanced budget and invest the surplus.
#CryptoMENA #Binance #bitcoin
Information about Theta coin:
1. **What is Theta Coin?**
(Theta) is a digital currency based on blockchain technology, and is dedicated to improving the online video viewing experience and providing better performance for social networks and live streaming platforms.
2. **Theta Blockchain Technology:**
Theta uses blockchain technology to provide solutions to challenges related to live streaming such as efficiency, quality, and cost reduction.
3. **The purpose of Theta:**
- Theta aims to encourage users to contribute to its network and distribute cash among participants through an incentive mechanism.
4. **Theta History:**
Founded in 2017, Tita has witnessed remarkable success and rapid growth in 2021.
5. **Main Applications:**
-Theta can be used to enhance the online viewing experience, develop live streaming platforms, and provide incentives to network participants.
6. **The future:**
- Some expect Theta to continue to grow and develop as demand for blockchain solutions for the live streaming and online video industry increases.
7. **Challenges:**
Theta faces challenges related to competition in the blockchain market, technology adoption, and regulation.
8. **Community and Participation:**
-Theta has an active community of developers and users who contribute to developing and enhancing the network.
9. **Recent developments:**
- Recent developments in the Theta Project should be followed to understand how they impact its value and adoption.
$THETA
#Binance
1. **What is Theta Coin?**
(Theta) is a digital currency based on blockchain technology, and is dedicated to improving the online video viewing experience and providing better performance for social networks and live streaming platforms.
2. **Theta Blockchain Technology:**
Theta uses blockchain technology to provide solutions to challenges related to live streaming such as efficiency, quality, and cost reduction.
3. **The purpose of Theta:**
- Theta aims to encourage users to contribute to its network and distribute cash among participants through an incentive mechanism.
4. **Theta History:**
Founded in 2017, Tita has witnessed remarkable success and rapid growth in 2021.
5. **Main Applications:**
-Theta can be used to enhance the online viewing experience, develop live streaming platforms, and provide incentives to network participants.
6. **The future:**
- Some expect Theta to continue to grow and develop as demand for blockchain solutions for the live streaming and online video industry increases.
7. **Challenges:**
Theta faces challenges related to competition in the blockchain market, technology adoption, and regulation.
8. **Community and Participation:**
-Theta has an active community of developers and users who contribute to developing and enhancing the network.
9. **Recent developments:**
- Recent developments in the Theta Project should be followed to understand how they impact its value and adoption.
$THETA
#Binance
👇See how every time the price touches the green line of the ascending trend, it is returned to the top, and see the accuracy of the fractal that the price goes with, and all this boring movement is for distraction and to get out what is left of the poor mentality before going up🚀.
🫵 Keep in mind that only the rich-minded person will win in this market, who will not be shaken by price fluctuations and will not be doubted no matter what happens, as wise decisions yield results, even after a while 🫰.
Finally, you must know that wealth is not created overnight and that successful people always plan for the long term, and along these lines I want to tell you a secret of the market 👇
🥇Know, my friend, that we are in the second wave of urine, and know that each wave is faster than the other in rising, and the rise will continue for a year, God willing. If you do not be patient for this short period of time in order to change your life, you will remain poor throughout your life.
$BTC
#bitcoin #Binance
🫵 Keep in mind that only the rich-minded person will win in this market, who will not be shaken by price fluctuations and will not be doubted no matter what happens, as wise decisions yield results, even after a while 🫰.
Finally, you must know that wealth is not created overnight and that successful people always plan for the long term, and along these lines I want to tell you a secret of the market 👇
🥇Know, my friend, that we are in the second wave of urine, and know that each wave is faster than the other in rising, and the rise will continue for a year, God willing. If you do not be patient for this short period of time in order to change your life, you will remain poor throughout your life.
$BTC
#bitcoin #Binance
One of the most important tips provided by the book
“Secrets of the Millionaire Mind” by Harv Eker
1. Change the financial plan
Change the negative thoughts and habits you acquired since childhood about money.
2. Focus on opportunities
Instead of focusing on obstacles and problems, look for opportunities and take advantage of them.
3. Commitment to financial success
Set clear financial goals and commit to achieving them regardless of the challenges.
4. Think big
Think boldly and have broad ambitions to achieve big goals.
5. Manage money smartly
Manage your money wisely, set a budget and stick to it.
6. Regular investment
Invest a portion of your income regularly to build long-term wealth.
7. Avoid victim mentality
Do not justify failure and take responsibility for your financial success.
8. Continuous learning
Continue learning new strategies and investments to improve your financial situation.
9. Accompanying successful people
Surround yourself with financially successful people to benefit from their experience and skills.
10. Positivity and discipline
Maintain positive thinking and strong discipline in achieving your financial goals.
Share your thoughts and opinions with us 🌷
$BTC $ETH
#Binance #bitcoin #BTC
“Secrets of the Millionaire Mind” by Harv Eker
1. Change the financial plan
Change the negative thoughts and habits you acquired since childhood about money.
2. Focus on opportunities
Instead of focusing on obstacles and problems, look for opportunities and take advantage of them.
3. Commitment to financial success
Set clear financial goals and commit to achieving them regardless of the challenges.
4. Think big
Think boldly and have broad ambitions to achieve big goals.
5. Manage money smartly
Manage your money wisely, set a budget and stick to it.
6. Regular investment
Invest a portion of your income regularly to build long-term wealth.
7. Avoid victim mentality
Do not justify failure and take responsibility for your financial success.
8. Continuous learning
Continue learning new strategies and investments to improve your financial situation.
9. Accompanying successful people
Surround yourself with financially successful people to benefit from their experience and skills.
10. Positivity and discipline
Maintain positive thinking and strong discipline in achieving your financial goals.
Share your thoughts and opinions with us 🌷
$BTC $ETH
#Binance #bitcoin #BTC
Currency bottoming strategy
📌 First
Bottoms are divided into two types: minor bottom and major bottom
But the behavior is similar in movement, the difference is the time frame and the duration of the correction between a minor bottom and a major bottom
- The sub-bottom, which is the correction and is on small frames,
- As for the main bottom, it will be on a large daily, weekly, and monthly frame, and it will be a bottom for a longer period of time.
📌 The second thing
There is more than one method, according to the instructions of each analysis school to determine the bottoms, but without going into complications, I will tell you a simple method for non-professionals without complications and easy, but you need to neutralize your feelings when using the bottom analysis, and this is the secret of the success of the analysis, that you neutralize your feelings.
📌
Chart reading
👇🏻
After breaking the last achieved low and achieving the lowest price
And you get price action accompanied by high volume, with the RSI indicator reaching below 30 on a large frame, such as weekly or daily, with the formation of a trend-reflecting candle - and if a classic reflective pattern is formed, it is better to confirm the formation of the bottom, but it is not a condition at all times after that.
The price entry is a temporary accumulation period that starts from a month and may reach three months if it is a major correction, and from a week to a month and a half if it is a minor correction.
Then there is a gradual rise, then a strong rise, and that's how things go.
The attached chart is for explanation on #Bitcoin, the bottom of which is 15 thousand
🟢 Determine the peak in the opposite way 👍
$BTC
📌 First
Bottoms are divided into two types: minor bottom and major bottom
But the behavior is similar in movement, the difference is the time frame and the duration of the correction between a minor bottom and a major bottom
- The sub-bottom, which is the correction and is on small frames,
- As for the main bottom, it will be on a large daily, weekly, and monthly frame, and it will be a bottom for a longer period of time.
📌 The second thing
There is more than one method, according to the instructions of each analysis school to determine the bottoms, but without going into complications, I will tell you a simple method for non-professionals without complications and easy, but you need to neutralize your feelings when using the bottom analysis, and this is the secret of the success of the analysis, that you neutralize your feelings.
📌
Chart reading
👇🏻
After breaking the last achieved low and achieving the lowest price
And you get price action accompanied by high volume, with the RSI indicator reaching below 30 on a large frame, such as weekly or daily, with the formation of a trend-reflecting candle - and if a classic reflective pattern is formed, it is better to confirm the formation of the bottom, but it is not a condition at all times after that.
The price entry is a temporary accumulation period that starts from a month and may reach three months if it is a major correction, and from a week to a month and a half if it is a minor correction.
Then there is a gradual rise, then a strong rise, and that's how things go.
The attached chart is for explanation on #Bitcoin, the bottom of which is 15 thousand
🟢 Determine the peak in the opposite way 👍
$BTC
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