#TradingAnalysis101 #TradingAnalysis101

This is my chart on XLM which I started buying in DCA since June 2023 and I sold this at peak of the November 2024 Bull market.

You can’t predict the 100% peak point levels but there is a very good and non sophisticated tool - Fear & Greed Index , which I personally use and recommend all.

Whenever this indicator enters in fear mode , start investing and when it’s in extreme fear then increase the stake.

Market never remains a long at any one point, wait for it to enter in greed to extreme greed level.

Start booking profits when it enters in greed and wipe off everything when it enters extreme greed. ( The general masses, mainly gamblers they do the reverse of this and incurred the huge losses till 50k $ also. )

Crypto market is considered by almost 99% of the traders as a gambling platform and they always lost the money and those who considered it as a tool to earn money. professionally by applying the fundamentals and technical analysis, they have minted the money.

Therefore it’s very important to have a Technical Analysis knowledge if you want to survive in this highly volatile market.$XLM