STEEMIT PAKISTAN CRYPTO COURSES SEASON 1 | CRYPTO MARKET: TRENDS AND PHASES INVOLVED IN it by @ahmadrazaali

Assalam-o-Alaikum!

i hope that you are all ok and enjoy the good life by grace of Allah Almighty i am here for task of @huzaifanaveed1 who asked some questions in course of crypto in the steemit pakistan so lets start the task with out any late

1) What are the different trends found in the market. Show example with screenshots attached. (Use tradingview.com for the charts)

Good day everyone, today I am taking my first assignment in STEMAT Pakistan Corrupt Academy program. First of all, we know that the market is a place where there is constant buying and selling. It actually moves in three specific directions which are:

1. Up trend
2. Down trend.
3. Ranging market.

Up trend

This is when we see that the market is clearing up highs and highs and then we can say that the market is moving upwards.

In this chart, we see the market clearly clearing heights and heights and moving forward clearly, we see a good up trend market here

Down trend

This is when we see the market at clear lows and lows with clear downward movement with us.

In the chart above, we can see the clear downward momentum with the market showing the lower highs and lows.

Ranging market

Here we are not seeing the market moving higher and higher or lower and higher and lower, but we are only seeing the market moving in a straight

In the aforementioned Ethosdt chart, we can see a market without a clear direction, neither high nor low, nor low.

2) Briefly explain when is the best time to buy an asset and when should you sell the asset so that you don't get in loss in a trending market (screenshots needed)

The best place to buy a pre-trending market is in the recommunication zone for apricots as these are the areas where we see a price break or I come to their leisure time where my action before pushing the wheel into the market. Stop This is a good place to get entries.

We can see in the chart above how in the re-accumulated area marked in purple, the price was already trending, but on this re-accumulation we saw before stopping the movement in the market that The price kept moving in this direction

Buying assets.

After the accumulation phase, when prices start to rise and you see the trend moving upwards, then you should invest in assets wisely. As prices rise, buyers are in a stronger position and buying now will be more profitable for them later.

Selling assets.

After the prices have been stable for a while, ie you see that the up trend has stopped and the prices are not coming up and down, it means that the market has entered the ranging market and the market is closing. It is recommended to start selling your assets first. Lower

3)Show and explain the different phases of the Market on Crypto Asset except: BTC, ETH, ADA and BNB. (Screenshot needed)

There are 4 steps in the market and I will use dotusdt chart to describe these steps but I will mention them first.

1. The accumulation stage
2. Re-accumulation step.
3. Distribution phase
4. Redistribution
   

Accumulation

This is the stage where whales are buying assets at a lower price in order to persuade retailers to invest in order to increase the price.

Re accumulation step

This is where the wheel buys more assets before the price goes up and at the moment, we've seen more retailers enter the market

The distribution phase.

This is where we whale sells assets slowly and before the retailers find out, we may see a sharp drop in price after this stage which causes the market to decline.

Redistribution

This is where the whales sell their assets outright, resulting in a final price reduction.

4) demonstrate how will you use the phases of the market to your advantage. Where will you buy the asset and where will you take profits? (Screenshot needed)

Every effort should be made to identify areas where whales are buying assets at lower prices to attract more retailers, which will help push prices higher. Your purchase but if we miss this entry, we can always wait for our entries in the recurring areas where we see that the whales are buying more assets before we raise the price. Look forward to it. When we are trading the above trends we should look to sell in the accumulated areas

Wheel will try to stockpile assets, which means prices will soon reach the markup. This is the best time to buy more assets, as prices will soon reach their peak.
The only thing that is important here is to identify the stage of collection by doing the right technical analysis.

All chart

The distribution phase is where you should consider selling your assets. People can confuse it in the accumulation phase and buy more assets but it will only result in loss. Selling your assets at the right time during the distribution phase will give you maximum profit.

5) Conclusion

Learning the steps in Orkut helps one to know when to enter and exit the market to avoid losses and one should also avoid FOMO from entering the market which is already in trend but also up. The re-acquisition zone should wait for the trend market and redistribution. It is also good to apply down trend and proper risk management

crypto is about learning the market trends, stages and being able to analyze correctly, which will result in you getting maximum profit.

Knowing how to enter and exit the market at the right time is the key to not wasting your money and making a profit from what you get. It may take some time to be able to stay with the strategy in the game but you will get there by learning about the market trends and trends.

Cc

@huzaifanaveed1
Regards
@ahmadrazaali