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Cyclicality in crypto 🍎
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Many of you know that everything around us is cyclical. This includes the financial markets. Regularities can be seen everywhere. There are certain patterns by which this can be understood. But there is a basic question: "Is there cyclicality in crypto?"
Cycles exist everywhere. They generally consist of phases. Behind every rise there is a fall.
Everyone knows about bull and bear cycles. But what they mean by that remains to be seen.
➡️ Market phases:
• Accumulation
The market moves in a sideways trend, creating a price corridor at the boundaries of which you should enter trades.
• Uptrend
Price creates higher highs and thus rises.
• Distribution
Again a sideways trend, but only on market hawks.
• Downtrend
The market creates newer lows, moving downward.
Being able to identify phases and cycles is a great weapon for a cryptan. The best time to buy is the accumulation phase, because the price is no longer falling and investors are still scared.
BY Crypto Trends
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