The graph is logarithmic. A large time frame of 1 month (to understand the essence of cycles). Main trend (part).
🧠🗣I wrote about it before and showed examples many times. Everything is developing according to a logical plan at this point. I'll remind you again, with lots of examples.
1️⃣🔴🟣🟢There is a high probability that after this intermediate cycle, there will be a significant reset before the real bull cycle (remember, now BTC grew in price, but all almost all altcoins are still in their accumulation zones (horizontal channels more than 13 months), it is not a bull market, but an accumulation zone, with possible logical withdrawal of passengers). The potential for this distribution zone of this intermediate cycle is under $40,000.
(published with a detailed explanation on 28 11 2022)
Closer to the BTC halving there will very likely be a significant drop like the coronodump (-40% for a few days (using the world situation) and the same super fast recovery).
Could come out something like the old one, in a global big symmetrical triangle and a big squeeze.
📈Trade idea (cycles)👉🏻
(Published prior to its formation on 28 06 2019)
And some time later, when this triangle was formed and it began to be advertised on the Internet and in the media - the publication of the idea of training / work, before the super dump (collecting liquidity at the expense of stop loss).
📈Training/Working Idea👉🏻
(published 02/15 2020).
📈Educational Idea/trading👉🏻
(publication 6 07 2022).
This probability can be used in your strategic planning, or not, if you are impartial (psychology, strategic thinking, understanding of cycles) to the noise disturbances that occur in the cryptocurrency market.
📈The idea of training/work👉🏻
📈The learning/work idea👉🏻 (to understand the big picture and trend direction)
As there is universal digitalization and super hype ahead. In the first and second cases, if you don't get into futures and margin with inadequate leverage and risk (greed, incompetence, psychology of a fool) and keep "all your eggs in one basket" (diversification) you will definitely be in super profit.
2️⃣🔴🟢Another option is the formation of a huge triangle (more bullish than symmetrical) on BTC as we were told publicly over 2 years ago with key reversal points by "Novus Ordo Seclorum" mouthpiece Ilon Musk (he—they do not know the future, they assume or plan, but it does not necessarily happen, history is a witness to that). On this occasion in the idea of observation, prices superimposed on the chart, came out something like a triangle. So far, conventionally +- everything is on track.
📈 Education idea/trading👉🏻 (published 10 07 2022 the chart is no longer traceable as the FTX exchange went into prolonged anabiosis until the US presidential election).
🐹Logic at work for the hamster that "got it":
📈Training idea👉🏻
(Published 8 12 2019)
BTC secondary trend now
The local situation on bitcoin right now.
Time frame 1 day. Local situation. The zone of price clamping. Consolidation of the price under the level of 31,327. The ascending channel. Fractal logical repeatability.
High probability of an impulse at the expense of Stop-Loss short positions when sufficient volume gathers. Although it can be done as in the first local cycle in the channel, first to liquidate the Stop-Loss long, then only to make an impulse upwards due to the domino effect of triggering Stop-Loss short positions. It all depends on what volume, accumulated #StopLoss and which way is more profitable to go against the expectations of the majority.
Be less greedy - you will be richer. Hurry slowly, always doubting, so you will be "immune" from impulsive emotional rash decisions.
Great superb post! snapshot shared in publication seems very appropriate thanks for this insight
Solldy
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That's a great idea! In the current situation, an asset is not very predictable, so thank you very much for posting!
SpartaBTC
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@Solldy, I am always happy to share my knowledge of the cryptocurrency market with my subscribers.
KABHI_FOREX_TRADING
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Good work mate
Gold-Tech
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Thank you, it looks good. I think you are right
SpartaBTC
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@Gold-Tech, Let's see how the market trend BTC will develop.
RLinda
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A potentially successful plan. Thanks for sharing)
SpartaBTC
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@RLinda, Thanks, I'm glad you find my post helpful.
AristotleIV
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I’m very interested in looking at your other charts that you referenced but I wasn’t able to open it for some reasons.
Btw, have you looked at the longer trend from the elliot wave perspective? We have just finished wave 5. Would love to know your thoughts on this as it appears that we are heading towards a corrective wave
SpartaBTC
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@AristotleIV, The charts all with active links to my trading ideas are published on this tradingview site in the Russian-speaking community.