Balancer: Trading At Bottom Prices (Crypto Trading)

1 באוק׳

BALUSDT (Balancer) is a pair that has been seeing strong trading activity for a long while, volume is good on this pair and a bottom low has been hit recently, only two months ago.

You know what I like to say, "Once we hit bottom, the only place left to go is up!"
And this is true... Especially in a new, young, growing and evolving market.

While a bearish cycle, a down-wave, a correction can be something negative, it is also an opportunity. The word crisis in Chinese has the same meaning as opportunity. Whenever prices are down, there is the opportunity for something new to develop.

Trading volume is really strong on this chart around October 2023. The last drop is minor, very small, compared to 2021-2022. This gives strength to the fact that we are close to bottom prices.

Once we reach this point, we can easily "think long-term."
Think long-term in the sense of buying with the mindset of waiting for months... It can be 4 months, 6 months, 8 months... 12 months, it doesn't matter, just wait.

We buy, wait and hold patiently until prices start to go up. Once we are in big green, we can decide to sell and move on. When trading spot, you can't go wrong when buying low if the market is about to turn, and this is what we belief based on hundreds and hundreds of charts. If it doesn't turn, think long-term.

The last part of 2024 can be the accumulation phase.
The first two months of 2025 can be characterized by growth.
After February 2025, from March 2025 onward, we will be going, moving, pushing straight up.

It is still early and this is shown by the price on the chart.
Buy those trading low, wait and let the market take care of the rest.

Those trading high, stay away...

Namaste.