Everything that has a beginning, must have an end. By now, it feels and seems like the correction has been going forever but truly, it's been only five months. Here the chart is showing the potential for one more drop, one more lower low and then we can witness some change.
Good afternoon my fellow traders, how are you feeling in this beautiful Monday?
Are you not tired of seeing so much red/down, bearish/negative action across the Cryptocurrency market?
Are you not ready for growth?
I am both; tired of seeing the market going down, I am ready for growth.
While the bigger part of the year has been red, the good news is that everything that has a beginning, must sooner or later come to its end. The correction is ending.
Dogecoin has been going down, down, down and then some more, but this is about to change.
We see bearish momentum growing, only intensifying but volume is weaker in August compared to March, which signals that the bottom of the correction is very close.
Once the bottom is hit, a lower low, we will experience sustained, long-term growth.
As usual, let's consider the positive side; a strong drop will open the doors for new players, new participants, new buyers; lower prices. The market will remove all bad players, all doubt and all the weak hands.
Once the correction is over, only the strong, serious and long-term players will remain. Those remaining will be the winners come the next bull-market phase.
We are likely to experience a new All-Time High in 2025.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.