🔥 This is currently a pretty common bottom pattern… for altcoins. You can take a look at coins pumping now or ones that pumped before.
When the market is struggling and liquidity is scarce, the main trend for most altcoins is to keep diving headfirst in search of a bottom.
This is something you have to accept… Altcoins exist to provide liquidity, after all. When the market is slow or weak, the quickest way to shake out investors who are cutting their losses is to wear them down and mess with their heads until they’re dead inside by letting the chart drift down slowly… if it dropped all at once, you guys might hold on, but a decline like this is gut-wrenching, so sooner or later you’ll sell.
That’s when you wait for it to bottom and scoop it up… figuring out the bottom isn’t that hard, but a chart moving up or forming a short-term bottom doesn’t mean it’ll automatically pump… only when it forms a bottom and breaks through resistance does the chart pump really fast.
You can follow this across multiple timeframes, especially with low-cap coins that have a better chance of pumping hard. It works for pretty much all of them… except top coins.
Give it a try… you might be able to use this. Here’s a slightly evil trick: prioritize coins whose projects people are absolutely ripping into in the comments—the more outraged and bitter they are, and the more people bought the top, the sooner it’s likely to bottom and give you a good entry :))))
When the market is struggling and liquidity is scarce, the main trend for most altcoins is to keep diving headfirst in search of a bottom.
This is something you have to accept… Altcoins exist to provide liquidity, after all. When the market is slow or weak, the quickest way to shake out investors who are cutting their losses is to wear them down and mess with their heads until they’re dead inside by letting the chart drift down slowly… if it dropped all at once, you guys might hold on, but a decline like this is gut-wrenching, so sooner or later you’ll sell.
That’s when you wait for it to bottom and scoop it up… figuring out the bottom isn’t that hard, but a chart moving up or forming a short-term bottom doesn’t mean it’ll automatically pump… only when it forms a bottom and breaks through resistance does the chart pump really fast.
You can follow this across multiple timeframes, especially with low-cap coins that have a better chance of pumping hard. It works for pretty much all of them… except top coins.
Give it a try… you might be able to use this. Here’s a slightly evil trick: prioritize coins whose projects people are absolutely ripping into in the comments—the more outraged and bitter they are, and the more people bought the top, the sooner it’s likely to bottom and give you a good entry :))))
