This is an analysis for MINAUSDT. The MINABTC trade-idea can be found by looking at the 'Related publications' at the bottom of this post.
We are looking at the best possible prices before the 2025 bull-market, literally. MINAUSDT is now trading within its long-term accumulation zone after a small recovery from a new All-Time Low hit last month, August 2024.
The ATL happened on a wick, by a few cents, so we can also call this a double-bottom. So the early 2024 correction removed all the gains generated from the 2023 recovery wave. This is good because it means that we can now expect long-term growth.
The market never moves straight up so you can expect to see some swings, but the trend will be bullish.
When MINAUSDT starts growing, we look strictly to the upside. Any retraces and corrections will be an opportunity to rebuy and reload.
When there is strong growth, a portion can be sold at resistance of your holdings.
When a correction comes, more can be bought at support. This is trading 101.
It sounds easy but it becomes hard because we have to move against the herd. People will be buying at the top and selling at resistance, we have to do the inverse.
For example, right now there are not many people around and all these pairs are being ignored. Three to six weeks from now we will be looking at a local top, and people will be rushing to buy but their timing will be wrong. The time to buy is now, when prices are low.
The easier strategy for beginners is to hold long-term. Since it can get messy pretty fast and quite easily, instead of selling at each resistance, one can hold long-term until big profits are secured. However you approach the market is completely up to you.
I can write much here but this won't change your own individual results. We tend to act based on our habits and according to what we are set to experience based on our subconscious programming.
Some people are ready to earn big and they will earn big regardless of what they do. Some people are programmed to lose, due to certain mental blockages and these people will lose regardless of what the market does.
Some people can learn from these articles, become wiser, make the right moves and avoid mistakes. These people are the exception and not the norm.
Most of us have to learn the hard way. We do it wrong many times and from this experience we learn until eventually we get it right.
There is nothing wrong with making mistakes. It doesn't matter which group you are in.
The fact that you are reading this now means you are on the right path and if you persist, you can easily win.
When things go bad, know that better is just around the corner. When things are good, be grateful and share with those less fortunate, or those that help you in your journey to success.
We are all in this together and even though we have our differences of opinions and views of the market, we are all striving for profits, for gains, for wealth, health and success.
You are a human being and I am a human being. We can easily relate.
I am the expression of the living Spirit, and you are exactly the same. We both have light shinning forth from our spiritual heart.
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