#psychology
But the MTC gives a green stick + the viola jumps - shoulders begin x7-x50 (shoulders by shoulders, the point is in risks)
There are kickbacks - there are liquidations. Tears are coming
Let's clarify a couple of postulates
The altcoin market is in a reversal phase
A phase is not a point. Reversal doesn't happen at the snap of a finger
Click - and that’s it, it won’t go lower, only up
No, it doesn't happen that way
The market unfolds over a certain period
It might take a couple of weeks. Maybe a month. It will be visible from the dynamics
In the process of this GENERAL reversal, SOMETHING will grow from the current ones. SOMETHING - by inertia will still decline, and LATER will begin to reverse
But in the end, EVERYTHING will be higher than current in a couple of months
Therefore, an attempt to buy the bottom on alt is not to throw the entire deposit now on alt. Yes with shoulders
This is to take one alt. Went up - excellent, either hold or stop in used, work with the next alt
Or take one alt. Watch the reaction. It is going down - get on the support. I went into a rebound - either hold or stop in the second hand, we work with the next alt
And so, over a certain period, you will form portfolios, a number of positions, accumulate a number of transactions
Often - through temporary drawdowns
And when some fly away, and others begin to wake up and catch up, you will be in position
It just won't happen. It doesn't work like that
This is methodical and painstaking work.
So there is no need to panic at every market pullback. Write “optimism has diminished.” "So what's now?". “What if everything collapses?”
Open TOTAL2/3 charts, see the dominance of BTC
And calmly work for senior TFs
Keep calm