The small frame of most altcoins has very strong support, during this period many retail investors have STARTED TO PANIC and perhaps many of you have already sold off to secure your capital, ok that is nothing wrong because you made a profit, but you must have a view, a vision of which token to buy next or wait for the right conditions to BUY DIP next time, don’t fomo when the price continues to rise.
Below are some tokens I posted, they are just 4 out of nearly 20 tokens I have shown on Binance, you can check from meme, top coins, mid coins, low caps to see the charts I drew, most of these tokens respect the support areas very well.
Usually, my style is if there is danger I simply write it as It’s time to short and from that point, it’s only shorts and reducing exposure to altcoins, I won’t post articles to REINFORCE SPIRIT or analyze why and where the support and resistance are for you to read anymore.
The tokens in the image below I just want to show the areas, SUPPORT, RESISTANCE, ENTRY in the short term.
Absolutely not investment advice.
I usually call when the price is at entry or NOT YET AT ENTRY but most of the time people buy when the price has already increased by 20-50% and then ask me whether to hold or sell, really I am very hesitant to answer such questions.
Psychology, Capital, vision, ego, market experience, those things are different for each person so even if you try to play like me, it’s hard to go all the way.
That’s how the markets operate,
Elimination => restructuring => attracting the crowd in a cyclical loop.
The gap between INVESTORS AND GAMBLERS is very small.