PORTO Basic Trend. Psychology. Volatility or super ticker?

Logarithm. The time interval is 3 days. Cryptocurrency as an example. Cryptocurrency with high volatility (low liquidity) for dump/pump strategy.

Primary trend — horizontal channel.
Secondary trend — descending wedge.
Local trend — consolidation after a wedge breakout.


Line chart without “market noise” (volatility, squeezes).

Immediately want to note that low-liquid cryptocurrencies better still trade on liquid exchanges, otherwise you are already your deposit succumb to a huge risk trading on exchanges with a small total turnover of funds (survivability, competition).



Psychology. Volatility and market cycles are your friend, not the ticker name!.

Notice what % the price slippage was. This was leaked to the market by the creators of the phantik (just in case), everything can be tracked on the blockchain, any sale at any price is profit.

Everyone does it, but with such low liquidity, it's very visible on the chart as well as on the blockchain. It's not something "scary", it's normal behavior of smart people who "don't believe in crypto wrappers", not just someone else's, but even their own.
Unlike stupid market participants who determine the value of a particular cryptocurrency, with the help of a particular cryptocurrency ticker (legend of usefulness to the industry). Because of this, there are thousands of phantoms and such market participants make up whole herd sects (they are entertained by selling "nothing" and making real money on the belief in crypto projects).

I think every market participant has their own set of phonies in their portfolio. I'm sure a larger percentage of cryptocurrencies are the ones that "youtube and telegram bloggers are talking about" and not through their own independent analysis. But you have to realize that everyone's cryptocurrency combinations are different..... because there are more than 13,000 alts......

Generally, cryptocurrencies rise behind the general trend of the market, and some will occasionally "overtake the market" and then deflate to the general trend..... You can play around with this and "wait for the overtake". It is very important not to get attached to the ticker name (real or not real scam). The desire to get rich with a "special cryptocurrency" clouds the mind....

Comment:

Be smart, while the not so smart market participants are “entertained” and make volatility dump/pump to reset their positions, you take advantage of it.

Volatility is your friend, not the ticker name! Tickers can be different — the point is the same, real money out of nothing with the faith of more foolish market participants..

Most people are so greedy (amounts are not important) that for them (such majority) any amount of deposit growth is small, so the “manipulator” (which in fact does not exist) gives out money in any amounts (figures) to achieve the required psychological effect of a change of opinion. Because he knows that the overwhelming percentage of the “market herd” will not be able to stand it (understanding the psychology of thinking and consumption) and will lose everything…


Remember, society can be divided into those who make money and those who create it out of nothing. Most people in or near the “pen” (doubt) cannot understand this difference. They don't realize that there is a very large niche of people in cryptocurrency who create cryptocurrencies from nothing. For them, the concept of expensive/cheap does not exist. While it is clear that the logic of the graph is taken into account, as is the redistribution of coins back into their hands in the “fear phase” (hoarding and surrendering).


To reiterate. Cryptocurrencies are trading instruments with which, on volatility, you earn real money that you can spend on goods and services, not something special. Volatility and market cycles are your friend, not the ticker name.

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Another impulse buyback at +21% to resistance from the triangle

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This makes it clearer how the relationship between impulses forming a triangle after a wedge breakout and volume. From the breakout of the descending wedge at the moment +50%