Did you read Theta Token's trade idea? "Altcoins Market Dynamics."
Here is the big difference between Theta Token and Kusama; the dynamic is the same, a major bullish wave followed by a strong correction. The huge difference is that THETAUSDT found support around the price level it traded at in January 2024 while KSMUSDT hit a lower low at around the same price level it traded in October 2023.
➢ While one left room open for much lower, the other one corrected the entire bullish move beyond 100%.
The later has less risk, more room for growth; the former becomes more tricky right now, riskier to trade. Both are good from a short-term bullish perspective, but the dynamics can have strong variations for the long-term.
Now, we are still in August and have four months left before the major 2025 bull-market starts. We can expect a classic accumulation phase soon.
➢ Here is what can happen, Kusama, and other cryptocurrency trading pairs, can produce a bullish wave lasting 1-2 months and then correct back-down to produce a higher low and several months of "sideways," activating the accumulation zone. This sideways action would happen around the price range that I pointed out in the "Pre-2025 Bull-Market Series." That is all I have to say.
We will experience a bullish wave, then one final drop ending in a higher low/lower low, depending on the pair, then the accumulation phase leading to, finally, the start of the biggest bull-market in the history of Cryptocurrency —2025.
Thank you for reading.
Your support is truly appreciated.
Namaste.
Here is the big difference between Theta Token and Kusama; the dynamic is the same, a major bullish wave followed by a strong correction. The huge difference is that THETAUSDT found support around the price level it traded at in January 2024 while KSMUSDT hit a lower low at around the same price level it traded in October 2023.
➢ While one left room open for much lower, the other one corrected the entire bullish move beyond 100%.
The later has less risk, more room for growth; the former becomes more tricky right now, riskier to trade. Both are good from a short-term bullish perspective, but the dynamics can have strong variations for the long-term.
Now, we are still in August and have four months left before the major 2025 bull-market starts. We can expect a classic accumulation phase soon.
➢ Here is what can happen, Kusama, and other cryptocurrency trading pairs, can produce a bullish wave lasting 1-2 months and then correct back-down to produce a higher low and several months of "sideways," activating the accumulation zone. This sideways action would happen around the price range that I pointed out in the "Pre-2025 Bull-Market Series." That is all I have to say.
We will experience a bullish wave, then one final drop ending in a higher low/lower low, depending on the pair, then the accumulation phase leading to, finally, the start of the biggest bull-market in the history of Cryptocurrency —2025.
Thank you for reading.
Your support is truly appreciated.
Namaste.
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.