well, that was a fun one insane short on $LUNA so many people would not believe this scenario and now that it is, there's nothing they can do but to accept it
as predicted, the pump was indeed an exit liquidity pump/relief rally I hope you haven't FOMO and if you are shorting, GG :)
this is to give you more perspective Observe, see things as they truly are, not as how you wish them to be read the text in the screenshot don't be a permabull nor a permabear. Question everything, never be too confident about a "bottom"
Total crypto marketcap where do you think it's going next ? 4T or 1.2T ?
what about now ? well, there's still more room for $SAND to fall it's either the price does a double bottom now and goes back up in a healthy way (meaning reversal to the upside) or it could dive (or slow bleed) to 1.20$ ~ 0.79$ nfa dyor I could be wrong, u know :)...
you'd think that a bear market is a downtrend ? well, no, a downtrend is a downtrend a bear market, is when retails have CAPITULATED, when prices dump and doesn't bounce back hard, when prices keep on moving sideways, CONSOLIDATING, making traders lose their mind for months/years, because everything is moving sideways, no big short to play, no big long swings to...
how low can $BTC go? This doesn't mean it WILL but it determines potential MAX PAIN $BTC in the past has shown that it could potentially dive to -70%, -80% from ATH nobody KNOWS what's gonna happen but DCA is key if u believe in crypto long-term, then u don't go all in, u DCA
Had fun making this as I believe almost every novice trader will be able to relate if you can relate, then you got a lot to work on, which is good Here's an example of what kind of mistakes a novice trader does. avoid those mistakes and if you have done those already, then stop doing that you got the wrong mindset zoom out, journal your trades the same way and...
this is NOT a prediction yesterday, I woke up from a dream and in my dream, I saw this chart I thought it would be fun to re create it on Tradingview, I might have spent too much time charting so now I my dreams are about T.A ... NFA DYOR
educational post on $BTC not a PREDICTION just giving u more perspective, in case ur mind is set in "perma bull mode" (and if your mind is set in perma bear mode, then check some bullish T.A, objectivity is key)
A demand zone is generally good for buying but if there's not enough demand in the demand zone, this can happen. But why be scared of it ? Who wouldn't love a huge crypto discount, right ? this is NOT a prediction. Just giving you more perspective on $BTC NFA DYOR
what if 69k is the real top and y'all speculating for a new ATH every month during 2 years ? 🤣 nobody can predict the future, maybe prices will go up like crazy new ATH everywhere or maybe the market will give u hope each month, just hope. and slow bleed. nobody knows!
the text in the chart says it all don't think u're a genius because you longed a dip, zoom out to see the bigger picture and understand that any trade requires risk management for this specific reason don't try to catch a falling knife, either go with the motion or wait til it has fallen look for strong demand zone and your stop loss will be your best tool...
this is a fractal that can potentially happen it's not financial advice, it is never. But it's a long that I personally am going to take, with a limit order around 0.071~0.073 doesn't mean you have to. The idea is that the pattern from the box 1 repeats on box 2 could happen during asia session let's wait and see
never ever ever think like a RETAIL, CT and RETAILS are ALWAYS WRONG if you want to exit the rat race, or stop being a sheep you need to level up your psychology and mindset game this is the biggest alpha I can give you so far
Here you can see how the total crypto marketcap rejected the resistance plenty of times on CT, people are buying into the resistance right now, they FOMO buy at a supply level, with Saylor tweeting that MicroStrategy once again bought more $BTC this is not financial advice ofc, just speculation and for educational purpose
the vertical lines are aligned with the 3 times USDT.D weekly chart hit the resistance and then, price of $BTC reversed from a downtrend/consolidation to an uptrend we could potentially be in a real uptrend, aiming for a new ATH almost nobody is expecting anymore as CT has turned bearish