Mock Up Price Action for CSPRUSDT | Near/Mid Term (3D) This is it. Bottoming structure, level out, then begins our bullish cycle and movement upward. DCA buying in heavily here. Every, single, dip. Looking forward to what's to come.
Higher timeframe with additional indicators... beautiful
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Liking the bullish divergence forming
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2W Timeframe Bullish Divergence and Increasing Volume
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Whatchya gonna do BTC, and how is that going to impact my altcoin season!?!?!
Sooo many indicators and reasons for me to DCA buy in heavier on CSPR right now.
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When in doubt, zoom out. Looking at the 10 Day timeframe.. This is probably the longest bullish divergence duration of time I've ever seen come together for a project I'm invested in.
This just screams to me "Massive Springboard" bullish moves impending.
The setup is crazy. Solid project released during market crash, never had an opportunity to do a proper bull run before, couple of years long duration of accumulation. Last minute capitulation driven by security event, influencer fud, and weak hands that over extended themselves superficially "investing in a coin" giving selling at the bottom.
Personally I believe the narrative changes in September with Prove AI and a steady scheduled public release of news for this fortune 500 and that fortune 500 and this fortune 500 announcing projects with IBM+Casper WatsonX and Prove AI, which will then be backed up by on chain activity that ramps up. In parallel to the Condor upgrade and all the buzz and hype and awareness that comes with that. And then at some point in the next 6 months, this top tier exchange and that top tier exchange listing.
Wow. Just Wow.
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Solid white line is me being overly optimistic. More than likely one could expect the h/l bar pattern to play out in line with high BTC and market volatility leading into and through 2nd and 3rd week this month.
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Feels Lonely Out Here Posting About CSPR | Not for Long
I don't try to predict the market. I plan for price action around likely scenarios. If Reverse Cramer rules stand and Whales and market movers have a super bullish short squeeze surprise for BTC lying in wait for 2nd - 3rd week of September, then I am planning on this being the true bottoming structure and reversal for CSPR and the beginning of (what I can only hope for) a spring board like move in line with Cardano ADA's bullrun. I've accumulated more tokens than I would need of CSPR, 85% of which are delegated staking sitting, and ever the pragmatist I have price points for profit taking and re-entry at more realistic and down to earth price points. If all technical indicators and signs pointing towards a bearish and rapid/sharp correction to the downside for BTC targeting 38-42k, then I would assume that in the immediate capitulation move, nothing is safe, even alts that are at new all time lows like CSPR, and things will naturally be dragged down with BTC, at which point I am realistically targeting 0.007 area for a new low on CSPR. Upon which I will be heavily DCA buying in further to CSPR at that level and any dip or bottoming structure around there, moving off exchange, and delegating. I've learned patience the hard way. Perfectly content to wait 6-10 more months longer if the situation calls for it. That's one reason of a million I chose CSPR to invest in, as I find that the steady accumulation of staked rewards compounding tends to offset the pain of watching the market take a 40-60% correction. Naturally, I'd be much happier with option number 1....
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Mock Up Price Action for CSPRUSDT w/ Timeline | Near Term (1HR)
* Expected BTC volatility and scary 'feeling' (by design) correction impulses down in next 7 days
* If BTC makes a sudden bearish move, everything in the market will initially follow
- 9/11 historically bearish low point in Septembers past
- 9/17 Fed rate news
- 9/18 to EOM, Prove AI go live, Condor CSPR 2.0 Upgrade go live
* I believe this will be the final dip down springboard moment, and last opportunity to buy CSPR at stupidly discount and significantly undervalued prices.
* For me, CSPR is my number one speculative altcoin pick and biggest bag by a mile for allocated funds for this type of play. I cannot think of a better altcoin pick across the board than CSPR.
REFERENCE:
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Mock Up Price Action for CSPR w/ Timeline | Near Term (1D)
- Things are starting to look promising for reversal from the bottom
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