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Feels Lonely Out Here Posting About CSPR | Not for Long

Feels Lonely Out Here Posting About CSPR | Not for Long

I don't try to predict the market. I plan for price action around likely scenarios. If Reverse Cramer rules stand and Whales and market movers have a super bullish short squeeze surprise for BTC lying in wait for 2nd - 3rd week of September, then I am planning on this being the true bottoming structure and reversal for CSPR and the beginning of (what I can only hope for) a spring board like move in line with Cardano ADA's bullrun. I've accumulated more tokens than I would need of CSPR, 85% of which are delegated staking sitting, and ever the pragmatist I have price points for profit taking and re-entry at more realistic and down to earth price points. If all technical indicators and signs pointing towards a bearish and rapid/sharp correction to the downside for BTC targeting 38-42k, then I would assume that in the immediate capitulation move, nothing is safe, even alts that are at new all time lows like CSPR, and things will naturally be dragged down with BTC, at which point I am realistically targeting 0.007 area for a new low on CSPR. Upon which I will be heavily DCA buying in further to CSPR at that level and any dip or bottoming structure around there, moving off exchange, and delegating. I've learned patience the hard way. Perfectly content to wait 6-10 more months longer if the situation calls for it. That's one reason of a million I chose CSPR to invest in, as I find that the steady accumulation of staked rewards compounding tends to offset the pain of watching the market take a 40-60% correction. Naturally, I'd be much happier with option number 1....

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Close Up 45 Min

4 Hour

Zoomed out 3 Day

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Mock Up Price Action for CSPRUSDT w/ Timeline | Near Term (1HR)

* Expected BTC volatility and scary 'feeling' (by design) correction impulses down in next 7 days
* If BTC makes a sudden bearish move, everything in the market will initially follow
- 9/11 historically bearish low point in Septembers past
- 9/17 Fed rate news
- 9/18 to EOM, Prove AI go live, Condor CSPR 2.0 Upgrade go live
* I believe this will be the final dip down springboard moment, and last opportunity to buy CSPR at stupidly discount and significantly undervalued prices.
* For me, CSPR is my number one speculative altcoin pick and biggest bag by a mile for allocated funds for this type of play. I cannot think of a better altcoin pick across the board than CSPR.

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Mock Up Price Action for CSPR w/ Timeline | Near Term (1HR)

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Warms my cold hard calloused diamond hands of a heart to see this

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The reversal turn around and take off always starts slow..

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Trend reversals always take their time. But once we get out of the muck and poke our heads up for a proper go at things, it just ramps up from there.

Zoomed in, I would expect some activity off hours midnight or 4am, and a bounce from the purple trendline.

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Alright.. Looks like we're finally in the game now. Although I am bullish for CSPR and I am bullish overall for BTC and the market and where we are at in the current cycle, I have by this point already accumulated and now delegated 90% of the CSPR tokens I wanted, I am however not maxed out all in on the market. I still hold room in my mind and in my available funds for investment, for a very real possibility that we take a very sudden and aggressively deep wicked plunge downward before V-Shaped recovery bouncing back and starting a proper run. To that end I have spot trigger limit buy long orders in place for essentially staggered prices ranging between 30-50% down from here for my favorite altcoins. Not only that but I am partially hedging my bets on the market and that potential spike downward, by accumulating microcap coins.

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Mock Up Price Action for CSPR w/ Timeline | Near Term (1D)
- Things are starting to look promising for reversal from the bottom

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When in doubt, zoom out. Here's what the weekly looks like.

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Zoomed in view on the 2 Day Time Frame. Multiple HTF buy signals in the bottom indicators. 1D, 2D, 3D, and Weekly RSI purple lines in the multi line at bottom also looking great. Very nice to see that the weekly RSI is now above 30. Loving the continued increase in volume as well as yellow bar whale accumulation in this last bottomed out area. Been monitoring CoinGlass and Open Interest for CSPR these past weeks and we're starting to see noticeable upticks in open interest. Also, to me... You'd have to be crazy, but obviously, to each his own, but its wild to me to see that folks are still in a high volume of short positions on CSPR since July 2024. I'd feel like I was just waiting and asking to have all my money taken from me and completely liquidated entering short on a thing half way on the way down to a new all time low and then maintaining that short position at new bottomed out all time lows, right on the cusp of the market as a whole, making big moves, especially for alts.

All of that said, obviously I'm super long on CSPR. But I do hold room in my mind and have plan for should BTC correct, market panic sell off, and we see very quick sudden hard down into the dirt movements for crypto in the coming weeks. I estimate that for CSPR, it is realistic to expect a potential 30-55% correction down from here depending on how crazy a flash crash BTC could potentially kick off. I have a significant amount of staggered limit buy orders for CSPR 0.008 to 0.006. Essentially doubling my current holdings if that should happen.

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Hoping for the best, planning for the worst. I am ready for whatever comes next. Potential for a 20%-35% drop from here.

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New All Time Low price points I'm watching.

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Trevictus

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