It's nice to read some technical analysis; but this day to day predictions?! we need to get some sleep BRO! lol.. it's like everytime the candle stick move a little up or down/2H/4H/8H/24H charts you always have a prediction if there will be ALT season or not. All I know is.. give the market some time to rest or recover.. It's the holidays bro! Enjoy the money you won, but if your in loss.. a 6-8 months or even a year of hiatus is a great time to recuperate.
A loss is not a loss if you didn't sell man.. all things that went up must come down, vice versa. ~peace #BTCDOMINACE
You may have seen people talking about year end dump Year end pump Or Santa rally and so on. You may want to know what actually happened so i got you cover
Here is what happened on BTC on year end holidays (Last 4 years data) starting from Dec 20th of every year.
I will only share $BTC charts as an example as it's the main driver of the whole crypto market.
I guess there's a silent run that started last Sept, which made long time holders earn so big until Dec ATH. Then, high CAPS focused on BTC for high returns for the last stretch..
CRYPTO MECHANIC
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Never seen Market this dead before.
I mean it would be ok if it was bear market but it's happening during the bull market.
If you are worried about the crypto crashes now I would like to advise you to be relaxed. What is happening now is called wyckoff accumulation. Check the next image. Its a method where an asset is bought By whales from people who are relatively inexperienced who think Its going to crash and are sold at higher prices later. Its a psychological trick to destroy the confidence of traders, At first it crashes and bounce back up, then it crashes further deep And bounce back up then slowly and steadily it falls to the lowest. Those traders who were dreaming of moon 2 weeks ago loose all confidence and Sell their coin in this crash and it will come back up very strong. This method is often called as triple bottom.
So have patience, don’t worry also don’t waste your potential earnings
If you are worried about the crypto crashes now I would like to advise you to be relaxed. What is happening now is called wyckoff accumulation. Check the next image. Its a method where an asset is bought By whales from people who are relatively inexperienced who think Its going to crash and are sold at higher prices later. Its a psychological trick to destroy the confidence of traders, At first it crashes and bounce back up, then it crashes further deep And bounce back up then slowly and steadily it falls to the lowest. Those traders who were dreaming of moon 2 weeks ago loose all confidence and Sell their coin in this crash and it will come back up very strong. This method is often called as triple bottom.
So have patience, don’t worry also don’t waste your potential earnings
what correction ur talking about? lol.. even 20% down i am still in good position bro for the alts that I have? ur talking correction like its going zero? hahahah
Stepwise_process
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Bearish
The crypto market needs a little bit of correction for it to move forward. All the altcoins will be 30-50% cheaper than current price soon.
Liquidation candle incoming. Brace yourself. High leverage would be risky.
Most importantly, this is Not a financial advice, trade at your own risk. After all its you who is pressing the buy and sell button. Don't blame others for your actions. Be responsible.