El Sapo Pepe (PEPE)

Season 2017-2021. I have witnessed a group of only around 1,000 people, yet up to 30% became millionaires thanks to crypto (minimum $1 million, maximum unclear but some reached $20 million).\n\nI thought, this is just Vietnam, what about the rest of the world? How will they sell their fiat… it's terrifying.\n\nBut from 2021-2025, 90%, even 95% of them lost everything. Some even lost their entire capital. I am also part of that 90%.\n\nPeople have timing and opportunities, wealth and poverty are predetermined. Today glory, tomorrow failure. Only now do I understand that only after a long road can one see the true nature of the horse.\n\nI wrote this article once before but don’t remember when. I’m writing it again to lament that the market is not all pink; our problems all stem from greed. Wealth and poverty are predetermined!\n\nThen I internalized the saying: what is yours is yours; what isn’t yours, don’t try to take it, because you can’t get it anyway!\n\nEight years of cycles have taken me through emotional swings as if it were 30 years. Then I think about what happiness is. I have asked this many times over the years. It isn’t solely about having more or less money; it’s about a spiritually fulfilling experience. Feeling joy and contentment in spirit is enough. Reducing burdens, anxiety, and lessening desire, anger, and ignorance will prevent being like my current self.\n\n"Damn that lucky guy talking nonsense, don’t trust him, he’s a liar!"

The way to think about ranges is simple:

There are two types of ranges:

-Accumulation
-Distribution

Mark out where price spent the most time interacting near the highs. That's your range high.

Mark out where price spent the most time interacting near the lows. That's your range low.

The midpoint between those levels is your midrange.

Ranges rarely have double deviations.

In this case, the deviation below the range low should have marked the low and led to a move back toward the range high.

Instead, price couldn’t even make it back to the midrange.

That’s a sign of weakness.

Failure to reclaim the midrange was the short trigger.

The same logic can be used for long setups.

You do not need any other indicators.

They are nice for confluence, but completely uncessary.

Price is always king.