Every bull market begins with a spark of capital inflows that excites observers enough to induce FOMO. As a result of FOMO, traders and paper holders get emotional about holding “these damn coins that don’t do anything.” Watching other people line up and magically throw away their positions at the wrong time.
It’s not about capturing the first wave of face-melting profits. The idea is to use this as an indicator to see how these things have played out in practice. But there is one problem. You should only attempt this if you understand it. In order to this process Succeed, You have to observe and practice with little or nothing. emotion. also Don’t listen to social media either. Otherwise, you will almost certainly fail.
Capital flows like water. So let us tell you what we know. Every bull market before us started with Bitcoin going all the way to the Fibonacci 0.50 point. Things only got interesting when BTC crossed that mark. Due to word limit, the 15-17 bull market will be the main focus of this article.
Step 1 – Where do I start?
Since the bear market hit its lowest point, Bitcoin has been the safest bet all the way to 0.50. white lie. after We should keep our radars on to see what’s happening technically across mid-caps to double (+/-) BTC’s gains over the same period. Return the allocated trading volume there without excuses, no “holding” Based on emotions, “team”, etc. It’s not about that, it’s about how we view them now. Also, like Solana in this cycle and Ethereum in 15-17 years, there should be plenty of time to scale. outside.
Step 2 – Turn Time
After that, you essentially extend your gains to the strongest large- and mid-cap stocks. SeedThe current ETH/BTC reversal (after the write price collapsed) indicates this, with the current one to watch being the strongest within the suite (see chart below).
Fortunately, with a little trading education and experience, timing these things becomes much less of a guessing game. If you study Elliott’s Wave analysis, Wyckoff Schematics, chart patterns, volume, etc. if done correctly (see chart below) you can be on the cutting edge of these practices. This leads to a very happy trading account.
The next place to shift weight was a clear Fibonacci extension. Runners (this is I measured their previous movements). I’ve seen too much here to understand and cherish that history may not repeat itself, but it often rhymes. The easiest way to identify the next runner is through a technical breakout as Bitcoin increases fib size and corrects in key POIs (see chart below).
This mechanism runs along the lines of small caps, micro caps, NFTs, etc. How to make big profits It’s relatively easy to be in a bull market if you’ve been in it from the beginning. The next secret is maintaining your profits.
Step 3 – Secure your profits
There are many ways to measure your targets to maintain profits, as mentioned earlier with Fibonacci. expansion, volume, sentiment, Fibs, Elliott’s Waves and Wyckoff’s Distribution Schematics combined with weekly candles are enough to generate profits on each run. So if that’s something important make time for you put in the work to learn Act for yourself or always on the advice of others.
If you are interested in what I do, stay tuned to NewsBTC or follow me. Twitter As I release breakouts and other related charts, while the run continues, if you’d like to learn, send me a DM.
I would like to leave you with a few caveats that I have tried to share with my students and those close to me. This warning comes from experience and I only state it in the hope that it will save anyone reading this from the same difficult lessons I learned. Everyone I know here has probably figured it out the hard way at least once…
Take advantage when you feel invincible. When your relatives or friends start asking for advice on buying cryptocurrency, Take away Make a profit, and on the other hand, don’t sell when told to sell. Finally, one of the most useful pieces of advice I’ve learned is this: only aim For the “meat of the move” rather than the exact top.
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