ETC Main Trend. Ascending Channel (all time) 10 2025

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ETC Main Trend. Ascending Channel (all time) 10 2025Ethereum Classic / DollarBITFINEX:ETCUSDSpartaBTCTime frame: 1 week. Logarithm. 🔵Main trend: ascending, rising channel, since the inception of cryptocurrency. 🟡Secondary trend: descending, transitioning to a sideways trend (#accumulation), and forming a 4.9-year symmetrical triangle. 🟣Local trend: descending, trapped in the corner of a large triangle and “tension” consolidation before exiting. Manage your risks and stick to your trading plan, don't get caught up in market and news noise, which creates dominant opinions and illogical actions by the majority, who are doomed to lose in the future. Everything will be as it usually is with assets (stocks, less so cryptocurrencies. These are just a few examples of how these aren't real assets, but imitations of usefulness, i.e., a complete scam market). These assets have maintained an upward primary trend for a long time (from the very beginning), and huge, multi-year patterns form near dynamic support. That is, an upward breakout may initially throw passengers under the market, or some fictitious cryptocurrency events before a price rise (on a large time frame) don't be alarmed; ignore them, or use this opportunity to reduce the average price of the overall position. Or rather, before a dominant trend change, the "point of no return." A striking example of this is XRP with its huge triangle and its exit (the first wave +600%, which is a capitulation on profits, or, in slang, a "hamster pump"). Then there will be 2-3 waves of price growth pumps, with each consolidation in the trend being "buried" and the cry "all is lost." In the final wave, possibly with spikes as before, a full-fledged #distribution zone will form. XRP/USD Main Trend 07 2022 The market is simple at its core, but complex due to the interactions between people and their capital. The combination of simplicity and complexity creates many variations that you can exploit to profit from it. Your success and understanding of this determines your profit or loss in speculative markets. You can complicate things without understanding their simplicity, which looks ridiculous from the outside. Playing smart. Or, conversely, simplifying complex, often false, concepts so that everything becomes clear and understandable. Simplicity is the essence of complexity. In any activity, you should not pursue complexity to achieve the desired result, but rather simplification and optimization, so that you can achieve the same or better results with less effort and risk. The entire secondary trend and this triangle with a local denouement zone in it. Your trading plan and risk management eliminate all worries, indecision, emotional outbursts, predictions, and other people's right and wrong opinions.