February 24, 2025
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Table Of Contents:
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24th Feb 2025 - This is a great view of never fight the trend. If it is a Bear Year, focus on bear till 365 days are over and price hits bottom. Most of the analysis looks like hopeful for a reversal.
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NB* Post analysis review addendum:Â Price did not follow through as anticipated in the table above
In the tracker sent to GTZ Copy Trading group, we properly identified that we are in Covid-19 readjustment that lasted 108 days. Good now to get clarity on that, though didn’t expect that low of a correction as per channel analysis
The red vertical lines are the respective dates: 28th March, 15th April & 3rd May. You can see the amount the price corrected with. For 3rd May I expected -26% correction though it has gone to -36%.
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The wins are that we are getting these timelines correct after a long time and also getting estimate corrections.
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Some more wins, the larger part of the copy trading team has not been exposed to this volatility despite pressure from some to see some action. In addition, everyone was well prepared psychologically by having conversations about risk.
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More wins, with the price of Cardano at below 0.5$ now means the initial trade set at 0.55$ will be entered with a margin of 1.1$ i.e. 0,55$ * 2 = 1.1$. Considering room for volatility someone with 5$ can now comfortably copy trade Cardano Micro and be at par with those who had deposited 30$ initially.
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This is the basis I have used to consider entering discount buy trades. Remember the DMPOVA criteria for assessing the suitability of trade entries? (Direction-Momentum-Price-Overbought/Oversold-Volatility-Area of Support). I am more than confident because SMA100 (Monthly) is the strongest buy support one can expect in Crypto. We are there, it’s really like The rock-bottom of rock bottoms.
More wins, the number of copy trading follower accounts is slowly but surely approaching 40. I will share the numbers later in the week. Up from 18 some weeks ago.
New changes: I have included Cardano Micro Trades in all accounts, well this is a very good opportunity I wouldn’t want to have missed. So whereas before there was Litecoin only, now you will find (Litecoin + Cardano Micro trades). In terms of initial reservation due to the risk of running 2 different asset classes in the same account, that will be adequately handled.
I know people are like it’s over. The only difference is that based on my tutorial, we said a Bull Candle is formed by Open then the price goes low to support. As we said, this ball is called price, like a bouncing ball, the harder you throw to the floor the bigger the bounce back it will be. Relax and observe.
The monthly analysis posted on Twitter shows, in the 1st session consisting of 7 months April 2021 to Oct 2021, prices formed a pattern:
3 months in red (3R) followed by 2 months in green (2G) followed by 1 month in red (1R) and closed by 1 month with a big green recovery (1G), which was Oct 2021.
Interesting, the same pattern repeats between Nov 2021 to April 2022.
3R-2G-1R-1G. May 2022 currently in red is the expected last 1G (1-Green month) to recover back to All-Time-Highs at over 60K$. Let’s wait and see how market trends
NB Post analysis review addendum:*Â Past April 2022, the price in DXY and Bitcoin broke the expected structure and went for new lows.
Even the Parabolic SAR follows a similar pattern in the 2 sessions, which is currently at 66K$ on the monthly timeframe and so in line with that pattern this is the price level to break.
NB* Post analysis review addendum:Â Did not break in May
26 Jan 2022, noted we need a good pullback to gain enough momentum to breakout
NB* Post analysis review addendum: Correct
Crazy me put the target at 19,721$ on 24th Jan 2022
NB* Post analysis review addendum: Correct, price found support at 17,600$, SMA200 Weekly
Cardano target at 0.504$, Solana 53$
NB* Post analysis review addendum: Correct extended a bit for Cardano but Solana went below
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