In cryptocurrency trading, identifying market bottoms can be achieved by combining fear indicators (which signal when retail traders are panic selling) with technical signals like green dots from trading tools; historically, this combination has preceded major market recoveries of 246%, 394%, and 5,939%, making it a valuable strategy for timing entries at the absolute bottom of bear markets.
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Ethereum Crashed Into FEAR! The Bottom May Be Sooner Than You Think!追加:
Ethereum has absolutely crashed below structure support at $1,742.
And not only that, we've received a fear alert on the market cycle highs and lows. Historically, this is resulting in moves up as much as 246%, 394%, and even an absolutely insane 5,939%.
Now, we're not quite at the level that I'd be looking to buy in yet based on other coin analysis like we see from Bitcoin. While I do believe we are close to the bottom in Ethereum, there's likely still downside to be seen. And in this video, I'm going to show you which signals that we are looking for. Fear is one of them, but there's a couple others that could very easily call the bottom of the bare market. Missing these signals and the entry opportunity that they present could mean missing out on hundreds, thousands, even tens of thousands of dollars or more. Stay tuned to see how this works. How's it going everyone? My name is Jake with Trade Confident. In our membership, our future forecast videos that we post weekly.
Guys, we just posted another update based on the major crashes happening today. We're talking about our current allocations, an update on the Bitcoin short that we're in, and more. So, if you want to see how we're managing our 7 figure portfolio through this drop, you need to watch this update. More on that later. Let's jump into it. We're trading Ethereum USD on the daily time frame with the market cycle highs and lows and the protrade manager. Once again, we are in fear. Usually, we want to see either fear or max fear before calling the absolute potential bottom. Either of these two are very reliable and again historically have called moves up of 246%, 394% and 5,900%.
Now, what these all had in common was at the same time as receiving fear or max fear, we then received a green dot. Fear or max fear lets us know when retail traders are feeling absolutely scared out of their mind. They're just trying to get out of the market. And as they sell, the price drops, presenting amazing buy opportunities, serious discounts on popular cryptocurrencies.
Fear and Maxphere presents the zones, but Protrade Manager calls local bottoms. Whether we're in the bull market, the bare market, green dots means we have likely just found a local bottom. So, if you find a local bottom in the fear or max fear zones, which you call cycle bottoms, you may have just found the exact bottom of the bare market based on the early fear signal.
Personally, I'm looking for a move into max fear and then a green dot. Fear and green dot is still likely to be a good entry point, but in order to call the absolute bottom, I think we're going to be looking at max fear with a green dot this time around. Now, nothing is guaranteed. I'm not telling you that you're going to earn 300 up to 5,000% profits, but what I can tell you is catching the exact bottom of the bare market, which these indicators are giving you the best chance to do, is the best way to maximize your profit in Ethereum over the next few years once the bull market takes off. So, if you want these indicators on your chart, now is the time to snag them. And real quick, we're going to set some alerts.
First, you're going to click create alert here. Market cycle highs and lows.
Switch it to fear once per bar close and click create. Next alert, market cycle highs and lows again. This time it'll be max fear once per bar close and click create. Last alert, protrade manager.
Keep it at a long entry short takeprofit once per bar close and click create.
Fear and max fear of course lets you know when fear and max fear appears on your chart. Long entry short takeprofit means a green dot has appeared on the protrade manager. If you get both at the same time, either fear or max fear at the same time as long entry short takeprofit, you may have just found the absolute bottom of the bare market. So pay close attention. I think the bottom may be coming soon based on our indicator signals here. If you want to snag them, our members get them at a massive discount. I'm talking $150 off each of these indicators on top of money-making benefits like those future forecast episodes. Links are in the description down below. Membership is the second link. Click that and it'll bring you to our sign up page where we're giving you 25% off your first month. That's less than $50 to get started. Head to the indicator tab.
Protrade Manager is what you're looking for. And as a member, you can reveal your coupon code here. Just click that, write it down. Check out on Gumroad. I want this market cycle highs and lows.
Click that and add it to cart. Throw in your membership code. That's $150 off each for $300 off total. Fill in your information. Click pay and you are good to go. And with that, I just want to say thanks so much for watching. Remember, trade safe, trade confident, and I'll see you in the membership for our future forecast update. Don't miss out.
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