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. Reposted idea referenced below is what I believe is to come, and is really only the beginning IMO.
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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.
Here's higher timeframe zoome out view and fractal overlays of various bull run price action
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Warms my cold hard calloused diamond hands of a heart to see this
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The reversal turn around and take off always starts slow..
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Alright.. Looks like we're finally in the game now. Although I am bullish for CSPR and I am bullish overall for BTC and the market and where we are at in the current cycle, I have by this point already accumulated and now delegated 90% of the CSPR tokens I wanted, I am however not maxed out all in on the market. I still hold room in my mind and in my available funds for investment, for a very real possibility that we take a very sudden and aggressively deep wicked plunge downward before V-Shaped recovery bouncing back and starting a proper run. To that end I have spot trigger limit buy long orders in place for essentially staggered prices ranging between 30-50% down from here for my favorite altcoins. Not only that but I am partially hedging my bets on the market and that potential spike downward, by accumulating microcap coins.
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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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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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When in doubt, zoom out. Here's what the weekly looks like.
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Zoomed in view on the 2 Day Time Frame. Multiple HTF buy signals in the bottom indicators. 1D, 2D, 3D, and Weekly RSI purple lines in the multi line at bottom also looking great. Very nice to see that the weekly RSI is now above 30. Loving the continued increase in volume as well as yellow bar whale accumulation in this last bottomed out area. Been monitoring CoinGlass and Open Interest for CSPR these past weeks and we're starting to see noticeable upticks in open interest. Also, to me... You'd have to be crazy, but obviously, to each his own, but its wild to me to see that folks are still in a high volume of short positions on CSPR since July 2024. I'd feel like I was just waiting and asking to have all my money taken from me and completely liquidated entering short on a thing half way on the way down to a new all time low and then maintaining that short position at new bottomed out all time lows, right on the cusp of the market as a whole, making big moves, especially for alts.
All of that said, obviously I'm super long on CSPR. But I do hold room in my mind and have plan for should BTC correct, market panic sell off, and we see very quick sudden hard down into the dirt movements for crypto in the coming weeks. I estimate that for CSPR, it is realistic to expect a potential 30-55% correction down from here depending on how crazy a flash crash BTC could potentially kick off. I have a significant amount of staggered limit buy orders for CSPR 0.008 to 0.006. Essentially doubling my current holdings if that should happen.
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Hoping for the best, planning for the worst. I am ready for whatever comes next. Potential for a 20%-35% drop from here.