A Four-Step Approach to the Market (Graphic of Mass Psychology)
You do not really understand something unless you can explain it to your grandmother (Albert Einstein)
1- Composite Man (Accumulation - Distribution (Selling price - Buying level))
The Composite Man attracts the public to buy (or sell) a coin in which he has already accumulated. Composite man may display huge volume (or ...) to drive the market up to a selling price or scare it down to a buying level
Selling price (Elon Musk 69k !):
2-Secondary Reaction
The news is probably still Bullish (Bearish)
3-Technical Traders
When Technical Traders enter the bull (Bear) market
Bear Market:
4- Public interest
When the public thinks its right, its wrong.
Point and Figure (The only way to see the forest clearly)
Target= 20400+15700 = $ 36100
1- Composite Man (Accumulation - Distribution (Selling price - Buying level))
The Composite Man attracts the public to buy (or sell) a coin in which he has already accumulated. Composite man may display huge volume (or ...) to drive the market up to a selling price or scare it down to a buying level
Selling price (Elon Musk 69k !):
2-Secondary Reaction
The news is probably still Bullish (Bearish)
3-Technical Traders
When Technical Traders enter the bull (Bear) market
Bear Market:
4- Public interest
When the public thinks its right, its wrong.
Point and Figure (The only way to see the forest clearly)
Target= 20400+15700 = $ 36100
Note
Note
Transaction en cours
Target 1 $ 28k (it did)
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.