ETH/USD Secondary trend. Bullish triangle. Breakout. Target 96%Logarithm. Time frame 1 week (less is not necessary). Horizontal accumulation channel has reformatted due to price holding near the meridian zone of the 1500 level into an ascending triangle (bullish triangle).
Linear for clarity.
Locally breakout zone. Time frame 1 day
Fractals. Underperformance due to liquidity and capitalization.
Similar things are developing only more slowly (liquidity) as recently in SOL/USDT.
SOL/USDT Secondary trend (part). Triangle. 1 10 2023
Already almost +150% off the breakout.
ETH will be a bit off due to timing, but the gist is similar....
Or in the past LISK/USD in the distant 2020 (Interest is different due to liquidity)
LISK/USD Major trend. Triangle. 24 12 2020
+325%
On growth always wait for correction, on fall for growth (reversion), such is the psychology of behavior of most market participants. .
Memo to the hamster. Sometimes staying out of the market is the best strategy. [/b
By the end of 2024 the price with "high probability" for this bankable super centralized cryptocurrency will be over $10k. In 2025 in the distribution zone (trend highs) over 20k.
Risk Management. .
There will very likely be a “super takeout” (emphasis added, this is a logical “as always” probability). Look at a chart of ether or bitcoin and think about when it is more rational to do this. Probably, it will seem like everything is "going to hell", treat it coldly, buy back in installments with a grid of orders from the profit that will be in the near medium term. But, it does not change the above described target of the cycle of “participation” and “distribution”.
When the price falls—the majority of market participants expect prices to rise or at least return to the past maximums.
When the price rises—the majority, "according to the habit of previous self-deception" expects prices to fall....
The greater the price growth, the greater the expectation, up to the "point of breaking the opinion" (when it is already necessary to do everything the other way around).
A perfect scheme of making money on the expectation of the majority.
