People say I am crazy because I don't wait, in fact, people say all the time that I am too desperate and that is why I am always calling for patience, just showing my own lack of patience... Guilty as charged, I am a human being and the fact that I write here for you shows that I am the least experienced trader of all.
If I were good at trading or making money, then I wouldn't have to write right? Or so the story goes.
Call me stupid, desperate, ignorant or whatnot but I look at the predictions, at the charts I publish and then compare the results... I look at the leveraged trades shared publicly with full numbers, the timing matching perfectly the drops and the next day they go up.
Obviously, many fail but if you are a decent trader or an honest trader or a successful trader, you know that losing is part of the game and is not about not losing but managing your risk, maximizing your wins and using your mistakes in order to learn and continue to grow. The more we grow, the better the results.
Will a market, which is the correct way to call a trading pair, asset or anything that is used for trading, goes up because of a few signals, because of the insiders buying, because of the cycles or because any single person makes a prediction, a call?
It might be a combination of all of those but one thing is certain, when it is going down, everything goes down and you cannot stop it by calling it bullish. When it is going up, everything goes up and you cannot stop it by mentioning news articles, by making assumptions nor by thinking that it should drop just because or my personal favorite... "It must..."
Ok now let me be honest with you, I am writing all this literally for your entertainment but I have a point.
I am long on Sushiswap and I use multiple factors to make this decision, I'll share some of those.
All the Altcoins, the Cryptocurrency market, bottomed around mid-June, started a slow recovery then followed by a strong bullish jump. What one does, the rest follows and we see this same pattern building up in this chart.
The current candle trades above EMA100 (confirmation in 2 hours at the daily session close). And notice the huge volume even before the 10-June drop.
When mentioning all the signals it doesn't sound like speculation anymore but like actual chart reading that works.
The MACD strongly bullish while aiming higher, the RSI super strong.
All this combined with the fact that my intuition told me to wait for 15-August after which something will give in, I don't know if positive or negative but every time my Spirit tells me to wait, it means that whatever potential low is to happen happens on that same date and then whatever I have been expecting shows up.
Maybe I am opening myself up too much... Or maybe I am just deeply gratefully for your amazing and continued support.
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