CSPR Main Trend. Capitulation Zone. Wedge. 09 2024

9月11日

Logarithm. Time frame 1 week. Reduction from the maximum -98%. The ICO price was 3 times more expensive than now at the moment. Capitulation zone. Complete death of "faith in cryptocurrency".



Everything is essentially the same as everywhere else, but here all the "believers in the candy wrapper" were harshly fucked. Therefore, "faith is killed". Many want the price to return, at least to the previous horizontal channel, to sell the “desired investment” and forget.

There is a possibility of a “hamster pump” for the final collection of coins “slightly more expensive” in the same horizontal channel zone, or at least to the mirror level of 0.025 resistance (previous channel support). Then, a rollback, and already pumping in the trend for the whole market, or the death of the candy wrapper after some fairy tale after the pump already (low probability).

A descending wedge is formed in the secondary trend. The price is in its canvas. From the perspective of long-term and medium-term trading and the risk/reward ratio, potential targets for TA, prices are now acceptable for gaining. Due to relatively low liquidity, slippage can be anywhere, but this does not change the general essence.

The exception is a complete scam of the project, which is unlikely.

Secondary trend and local targets. Time frame 1 day.

CSPR Secondary trend. 12 09 2024

9月11日

註釋

There are rumors of delists from major liquid exchanges (maybe fud). If this happens, those involved in the creation of this cryptocurrency can pump it on some exchange where it will be traded at a significant % (usually with low liquidity) in order to dump the remaining coins. Therefore, observe money management. Allocate a predetermined amount for such high-risk but also profitable coins. Good for pump / dump strategy.

9月29日

註釋

30 09 2024

Similarly (high probability) as on FTT +140% pull further to the downward trend (already +20%) and pump-impulse for a breakthrough. This is a riskier asset than FTT, but it is worth playing, observing money management, especially since "faith is killed", and everywhere they shout "scam"!

10月14日

註釋

15 10 2024 local work. Rollback from the wedge resistance and the key level of consolidation of the capitulation zone 0.01502 to the zone of previous minimums of the set. Locally, a wedge is formed - a triangle.

Are you gradually gaining volume, or are you afraid, like everyone else?) Fear is a good trigger for gaining a position.

If you are afraid to buy at the market, then you can put a stop to buy, on a breakout of this local formation, or a key reversal zone. Two entry points are possible.

For greater diversification of tactics and money management of your robot, you can also place limit orders (this is not necessary) in a grid to buy (low liquidity of the instrument) in case of a move to lower values ​​of the large wedge (little, probably, but something you should always remember).

Relax, everything is good, they will pump up potentially (I specially added this word) very much. Any purchase in this zone, slightly above +50%, slightly below -20-40%. This is the zone of minimum trend values, before a huge pump.

This applies to almost all alts (not hype). But, those that are now in the capitulation zone, and there is a lot of negative news on them, and also do not have high liquidity (they are not TOP trash) from the tactical side and the speed of taking profit are more rational for work and gaining.

10月17日

註釋

🟣Local trend 17 10 2024

📊On some exchanges, due to the liquidity of trading, the levels and trend are slightly shifted, but this does not change the essence. The level is a zone, not a line, especially on cryptocurrencies of such liquidity.

It is rational to accumulate such high-risk assets, but with a large potential in %, on several exchanges. It is irrational to keep them in wallets (they will come up with something so that you do not use it, at the "best moments of the pump").

It is necessary to remember that on low-liquidity and dubious exchanges, there may be large slippages, which you can take advantage of, for example, this exchange bingx (the amounts must be insignificant), as large ones you will not be able to "sell well", but small amounts, quite possibly 30-50% or even more expensive (this rarely happens by the way) than the main price of the leading exchange in liquidity. For example, I have almost the entire volume of this candy wrapper on bybit.

🟣 Locally, a descending triangle has formed in the wedge canvas. The general situation on the market determines whether the market maker will break it down -20-25%, under the entire market, or, on the contrary, make a pump stick breakthrough +80-120%. That's why in the #spread (buy/sell zone, a couple of % locally) on both sides there are large orders #priceclamping. That is, the work is done (the direction of the price movement) from the position of rationality, and not up/down.

📊🐳 A large market participant (exchanges, creators, crypto funds, very rarely large traders) thinks from a potentially possible future (price movement), and forms its work tactics from the situation, and will not be exact (even when it is potentially known). Or, like a "hamster-deer" they will do it like this, because they want it (self-affirmation of an idiot, which is not the case with people who have earned a lot of capital), but not rationally, as either a large part of the position will be lost, or a lot of money will be burned (working against the trend).

✔️ It is rational for you (you adapt to a large market participant).

1️⃣ Take part now, while you can buy in a price clamp for a large amount without slippage (remember, in a similar situation in the SUN clamp I said, who will now dare to tear off the exchange spoofing walls, which are putting pressure on the price, by 2 million dollars with a ridiculous step of +20%, with a long-term potential of more than +1000%, medium-urgent resistance of the pump bowl, which happened +400%). I am sure that such people are never found, this is #psychology in such "scary zones" (if someone is pressing, that is, buying from sales, then this makes sense). It is absolutely unimportant whether there will be another local takeout or not.

🐳 The volume of the position and its average purchase/dump price are important.

🐹 Both minimums and maximums should not interest a smart person (a small % of the position is left), as in such zones #liquidity is always low and the price does not linger there. This is especially true for sales.

2️⃣ If you are afraid to buy at the market, set #stopLoss to buy on a breakout. It is rational to do one and the other, but I emphasize again that if you want to "catch the minimum" (potential), then now you can not buy at the market.

3️⃣ It is also advisable to place limit orders to buy 2-3 in the potential takeout zone, this will be the lower zone of the wedge (this does not necessarily have to happen, but there is a possibility).

4️⃣ Work part of the position locally in the range of the first movements, the percentages in them are now high due to liquidity and "killing faith". Let your greed not overcome you. But, the pumping potential then, like reef and similar crypto trash in percentages.

10月23日

註釋

23 10 2024 reached the 0.00844 (0.00911) zone of capitulation of the trading direction B (lower zone of the wedge). Next there will be consolidation and a classic exit at a large % as in most cases, or a complete scam.

After a false breakout, the local descending triangle from the trend resistance (secondary trend) was still broken down. At the moment, exactly -22% to the trigger zone of my limit orders (support of the large wedge). Probably, there will be some consolidation and the arrival of good / bad news for uncertainty. Or a complete scam (unlikely), but you should also agree with this in advance.

⚠️📊 💸 Here is the entry with the main planned volume. The exhaust will be large, if not a complete scam, at such moments no one enters the market, everyone is afraid. This is a high risk, I'm sure they came up with something "scary". The price is now symbolic 0.00911.

⚠️ It is important that you enter with a previously planned amount, no more and no less (usually a couple of % of the money for high-risk pump/dump assets). Money, as a rule, earned earlier from similar other instruments (a constant overflow from "overtaking" to "lagging"). This is a risk that you agree with in advance. Like a machine according to an algorithm, no emotions and regrets. Yes - yes, No - well, screw it. That's all.

This brings a very good profit in % over the distance, completely scam, without a "final pump" (there is sometimes no liquidity, so the amount should be small, I allocate up to 5 thousand, the exhaust, as a rule, is 10-20 thousand) very few instruments of this kind. Several out of dozens for 5-6 years.

11月9日

註釋

09 11 2024 local impulse about +30% from the final capitulation zone.

11月9日

註釋

Similar trading situation in structure, on another altcoin, which was also delisted from the Binance exchange. Then, exit from the extreme capitulation zone and a big pump.

11月9日

註釋

🟣EPX and CSPR comparative fractal (in meaning) analysis 10 11 2024

Similar trading situation in structure, on another altcoin EPX, with a similar "speculative fate":

1️⃣ 🔽also #delist from the Binance exchange (loss of liquidity).

2️⃣ 🔽In their crypto religious sect of "believers in the EPX wrapper", which will make holders rich, - similarly to the project scam and so on. Hopelessness, despondency, replication of despair by creators. Replication of fear. Inventing fear. Everything is bad...

3️⃣ 🔽🔈🐹 On bad news and the crying of "investors" - entering the #capitulation zone. Formation of the "Dragon" pattern (often formed in these zones of removal and death), and a potential cup (resistance mirror level of support, the beginning of "death"). Nobody believes in the restoration of the project, which is true, but everyone always doesn't care about the "project", everyone wants money. So, nobody believes in some kind of pump. All former sectarians either sold with a big loss, or "forgot b.." Everyone is in colossal losses. By the shepherds of the sect, fear is only driven up (to gradually buy up their assets on despair...

4️⃣ 🔼🔈🐹 Very sharply at the right moment everything is fine. Inventing crypto fairy tales and replicating positive.

5️⃣🔼Well, and then naturally, exit from the zone of extreme capitulation and a big pump +1000% (low liquidity), so that on the increase of "revival of hope" and the feeling of "lost profit" of the price to distribute "leftovers" from the creators and what the hamsters had previously redistributed on fear.

🧠 This does not mean that it will be exactly the same, but the first prerequisites are there. If this is so, then the percentage by structure is an order of magnitude less (in EPX there was lower liquidity, which makes it possible to make a higher percentage up/down).

🔽🕯🔼There are hundreds of such "dying" candy wrappers, all of them will be pumped under the market at the right moment to finally get out of "nothing". As a rule, by a large %, because the liquidity and psychology of those giving to the market allows it. It is very rare when a candy wrapper scams without a final pump (usually there are several in a row) from the capitulation zone.

🕯 As a rule, after the pump, there are reset waves🐹, then a slow attenuation and a complete loss of liquidity. In the glass, huge gaps appear in the spread, that is, a lack of interest in maintaining the spread by large market participants (exchanges, creators of crypto garbage, large traders, funds), then a complete scam and delisting from low-liquidity exchanges occurs. But, before all this, you should get out of another such crypto candy wrapper and not be greedy.

🧠 Don't get attached to any one, transfer profits from those who are ahead of the market to those who are behind, without really caring what it is (a chart and a glass will be enough for you). Simply, follow #moneymanagement, have a trader's tactics

5 天前

註釋

13 11 2024 A rollback has formed after 1 impulse, in a small potential capitulation zone bowl. If this structure is held, then a pump will logically follow soon.