Aptos: Short-Term Correction Before Long-Term GrowthYes, it will grow but the market is one.
When it changes it changes fast, it happens suddenly and it happens in a day.
You can see everything green, everything nice; everything looks fine today.
The next day, not so much.
The next day feels down, prices are down and there is no more growth.
Yes, I said it will grow and it will grow; long-term. Short-term we get a correction first because the market is one, what one does is what is being done by the rest. They are all one and the same.
I have to admit that this is a tricky chart but the pair already grew 122%. This is a recovery wave.
Since all the pairs are bearish after 50-60 days of growth, we can expect a marketwide correction; that is what I see coming from these charts.
Our edge is the fact that we look at hundreds of charts, not only one. When you see a bearish signal in one single chart, you can doubt if you want, nothing can be confirmed through one chart. When you see pair after pair after pair going bearish, you know something is up.
I started writing again for you in early August, we were saying, "straight up!"
We mentioned the fact that there would be one last activation of a long-term accumulation zone.
We see the up-move and this was good.
We are seeing everything retrace now, the early days of the next drop.
Aptos will grow, strong for sure, but it seems a correction can happen before this growth takes place.
This chart is a bullish chart, but all the others are bearish and the market tends to move in the same way.
The proof is in the low 5th of August, it happened all across.
If the peak hit late September or early October, prepare for the next drop.
This chart is a bad example, look at the others I published today for a better idea.
Thank you for reading.
I hope you find this information useful.
Namaste.
