Traditionally, during a consolidated bear market, weekends used to replicate the prevailing downward trend. However, with the emerging change of momentum and a possible trend reversal, we are observing weekends with green candles, indicating buying pressure that remains even outside of the main trading sessions.
Nonetheless, the observation of red Mondays suggests a phenomenon of profit-taking or a retest of key levels after the weekend's momentum. It is crucial to recognize that the market seeks a price equilibrium, and Mondays could represent that correction or consolidation.
The key lies in tracking daily price action. Now, in this phase of possible transition, it could be a strategic time to accumulate assets and build positions, filling our 'bags' intelligently. The fundamental strategy is to avoid FOMO (Fear Of Missing Out) and impulsive buying on parabolic rises. Instead, discipline dictates executing buy orders on dips or retracements, taking advantage of corrections to obtain better entry points.
In summary, patience and analysis of the daily chart are essential to navigate this possible new phase of the market. Let’s trade strategically!"
Favorite COINS:
*pepe
*trump
*xrp
*sol
*sui
WHAT are yours?
DID you notice these changes on the days?
COMMENT!!!