1. General context:
The image and message indicate that cryptocurrencies are going through a critical phase that could lead to significant price movements ("price explosion"), with a focus on the following points:
- Previous upward wave: Many currencies rose by 50% to 100% from their lows.
- Current correction: A temporary decline (represented in blue) has started after the rise, which is a normal part of the market cycle.
2. Psychological interpretation of the market:
- Psychological pressure on traders:
- Many did not notice the recent rise due to pessimism or fear of volatility.
- This is considered a positive indicator, as it means that the rise was not driven by random buying from the public, leaving room for a new upward wave.
3. Technical forecasts based on the chart
- Current volatility:
- Represents a short retracement phase (correction) after a significant rise.
- This phase may form an accumulation area for buyers before an upcoming upward wave.
- Strong expected rise:
- If momentum is regained, currencies may witness a scientific upward wave (planned and sustainable) that starts gradually and attracts market attention.
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4. Tips for traders:
- Monitoring opportunities during the correction:
- Look for currencies that have declined while maintaining high trading volume, as they may be ready for a rebound.
- Important technical indicators:
- Moving averages (SMA/EMA): Ensure the price stays above the key averages (such as 50 or 200 days).
- RSI Indicator: Avoid buying if the indicator is above 70 (overbought).
- Risk management:
- Use stop-loss orders at the lowest correction levels.
- Avoid investing based on emotions or media hype.
5. Practical example to illustrate the idea:
- Virtual currency (X):
- Rose from $1 to $2 (+100%), then corrected to $1.5 (-25%).
- If it rebounds from $1.5 with increased volume, it may target $2.5 in the next wave.
6. Summary:
The message confirms that the current correction is a golden opportunity for conscious investors, provided that:
- ✅ Be patient to wait for confirmation of the upward trend.
- 📉 Carefully study the technical and fundamental indicators.
- ⚠️ Do not be swayed by market noise.
Reminder:
The crypto market is volatile! Good analysis and risk management are the foundations of long-term success. 🚀
