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After ten years of Cryptocurrency Trading, starting with a principal of 100,000 and making a furious profit of 5 million, then experiencing a huge loss of 5 million to now making a furious profit of 12 million. Looking at the current crypto world, Old Nine cannot stand to see others lose money. Today, Old Nine has decided to share the experiences he has summarized over the years. How Old Nine has survived in this market and how to stay undefeated, at least to help you avoid several years of detours, what you learn can directly help you turn the tables!
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In terms of volume: As the saying goes, "the soldiers have not yet moved, but the supplies are on the way." The formation of the trend in the early stage is an essential part, especially the first volume increase after a period of sideways movement, which should be closely monitored. This is not the best entry point; after the first volume increase, there will definitely be a pullback. When the second volume increase occurs, that is our best entry opportunity!
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💎 In terms of price: it is important to look at the closing price; the fluctuations during the process are not significant. If the closing price can remain stable, it indicates that the main force is ready to take action. To distinguish between a genuine and fake pump, the summary from Lao Jiu is that if the closing price can stay above the resistance level, then the probability of a breakout is very high!
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💎Entry Time: Before breaking out, the coin price should ideally have experienced a long period of sideways accumulation; the longer, the better. The area of concentrated chips should ideally have less than 10% fluctuation. Once the main force completes a large amount of accumulation, it will surely surge forward with a devilish stride, not looking back!
💎 Regarding resistance levels: It is essential to identify previous resistance levels, for example, during the previous downturn, if there was support in that range and the price stayed in that area long enough, then that position becomes a resistance level for upward movement. Normally, when the price is at a critical resistance level, the first direct breakout can generally be considered a false breakout. At this position, it is advisable to exit first and wait for a minor pullback before entering again!
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💎 If you haven't learned yet, there are only two choices now:
(Choose A) ❌ Gambler
☹️ Continuing to fight alone, relying on luck to make money, will ultimately also lose by strength, drowned in the market tide!
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(Select B) ✅ Join the Old Nine Team
Follow Lao Jiu closely, use precise strategy analysis, invest millions in AI big data selection to secure an invincible position for yourself?
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The market never lacks opportunities; the question is whether you can seize them. Only by following the right people can you survive in the market for the long term and earn more!
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Now 💎 join the subscription to Lao Jiu 💎 Lao Jiu will take you to pan for gold in the crypto world, steadily eating meat! 🛫🔥
pi btc eth#Join Honor Credits Draw & Win MacBook Air and Merch##Launchpool Staking Strategy##Trump to Unveil Reciprocal Tariff Policy# 📈 🌟 Speculating Bitcoin's Cycle Top: A Comprehensive Analysis 🤯
The world of cryptocurrency is abuzz with speculation about Bitcoin's next move. As the leading digital currency, Bitcoin's price fluctuations can have a significant impact on the entire market. In this article, we'll explore the concept of a cycle top, analyze historical trends, and provide insights into potential scenarios for Bitcoin's next price movement.
📊 Understanding Bitcoin's Cycle Top 🔎
A cycle top refers to the peak of a market cycle, where prices reach their highest point before experiencing a decline. In the context of Bitcoin, a cycle top can be influenced by various factors, including:
*📈 Market Sentiment*
The overall attitude of investors towards Bitcoin, including their emotions, opinions, and expectations.
*📊 Technical Indicators*
Tools used to analyze and predict price movements, such as charts, trends, and patterns.
*🌎 Global Economic Trends*
Events and conditions that affect the global economy, including inflation, interest rates, and geopolitical events.
📈 Historical Trends 📊
Analyzing historical trends can provide valuable insights into potential future price movements. Here are some key observations:
*📈 2017 Cycle Top*
Bitcoin's price surged to $20,000 in December 2017, marking a significant cycle top.
*📈 2021 Cycle Top*
Bitcoin's price reached $64,804 in April 2021, followed by a decline and subsequent recovery.
🤔 Potential Scenarios for Bitcoin's Next Cycle Top 🔮
*📈 Bullish Scenario*
Bitcoin's price could continue to rise, driven by increasing adoption, institutional investment, and favorable regulatory environments.
*📉 Bearish Scenario*
Bitcoin's price could decline, influenced by factors such as market volatility, regulatory uncertainty, and global economic downturns.
*📊 Neutral Scenario*
Bitcoin's price could stabilize, with a balance between bullish and bearish forces leading to a period of consolidation.
🌟 Conclusion 🔍
Speculating about Bitcoin's cycle top is a complex task, influenced by various factors and uncertainties. While historical trends can provide insights, the cryptocurrency market is known for its unpredictability. As the market continues to evolve, it's essential to stay informed and adapt to changing conditions. Whether you're a seasoned investor or a curious observer, understanding Bitcoin's cycle top can help you navigate the ever-changing landscape of cryptocurrency.#Join Honor Credits Draw & Win MacBook Air and Merch##Trump to Unveil Reciprocal Tariff Policy##Launchpool Staking Strategy# The offline events that used to be very popular for the $TON blockchain are slowly starting to make a comeback as the sunny summer is coming soon, and TON has been bought for another $400M, and its popularity has grown, as has its price, which is currently over $4.
So, offline events. In Georgia on April 13, an offline event will be held in Georgia, where representatives of the largest DEX blockchain TON - STONfi and TON Georgia will speak on the future of DeFi and give details about the work of DEX protocol STONfi.
By the way, the STONfi protocol is not just a classic DEX. It has a built-in SDK for developers, with the help of which they can embed DEX functionality into their applications, Arbirtrary Provision protocol, which allows liquidity providers do not have to independently equalize coins in the equivalent, you can supply liquidity in any ratio, the rest will be done by the protocol.
Anyway, it will be interesting to hear. The event will be held on April 13 at 17.00 in Old Margot Tbilisi.