🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
Brain challenge, guess and win rewards!
5 lucky users with the correct answers will share $50 GT! 💰
Join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 16:00, Sep 17 (UTC)
Don't Ask How Much This Coin Will Rise: Learn How to Identify the PEAK to Exit at the Right Time
In reality, predicting a specific price level is almost without a solid basis. Even the "pump" team or market makers sometimes do not know exactly where the price will stop. As buying power weakens, and the "ship" becomes heavier, it will be very difficult to continue pushing the price up. And that is a sign that the market is nearing its peak. How I Personally Escape the Peak I use the (cloud system) to observe and make decisions. Specifically: Monthly frame (monthly chart): When the indicator on the monthly frame signals a touch at the peak area, the possibility of a downward reversal is very high. Conversely, when touching the bottom, a new upward trend has the opportunity to form.
Weekly frame (weekly chart): This is a tool that helps to identify exit points more clearly. After observing that the monthly frame has reached its peak, I will continue to check the weekly frame. If the weekly frame also confirms the peak, then I will start to gradually exit, breaking it down into smaller parts, without hesitation.
📌 Example: BTC in 2021 Monthly chart (: In April 2021, BTC peaked at ~64,000 USD for the first time. At this time, on the monthly chart, many indicators )RSI, MACD, Ichimoku cloud…( all signaled overbought, indicating that the market was very hot. After that, the price adjusted sharply down to 29,000 USD )in June–July 2021(. This was the period when "the crowd hadn't had a chance to exit" and got stuck. By November 2021, BTC set a new peak of ~69,000 USD. However, the monthly chart showed weaker peak signals compared to the previous time )divergence – gradually declining divergence(. Weekly chart ): At both peaks (in April and November 2021), the weekly chart indicated high RSI > 70 and began to curve down. After the monthly chart confirmed it was at a peak zone, the weekly chart also signaled a reversal → this was the point of the "best exit". Those who were determined to exit based on this principle avoided the subsequent drop (BTC fell from 69,000 to 15,000 USD by the end of 2022). The important point here is the principle of discipline: Once the "top" signal has appeared on both the monthly and weekly charts, I will sell regardless of whether the market is still in FOMO or what news is being pumped. This method applies to both top coins (BTC, ETH, XRP, BNB...) and altcoins/junk coins, as the nature of cash flow and market psychology operates in cycles. Conclusion Predicting specific prices is impossible, but building a peak-bottom recognition system is the key to preserving profits. For me, the combination of the monthly frame + weekly frame in the cloud system is a safe and effective way to "exit at the peak" at the right moment, avoiding the situation of "sitting on the train to the final station."