Kaspa Bullish Signal Revealed —Focus On The Long-TermKaspa just broke decisively above EMA55 on the daily timeframe, opening up two major targets for this current advance and confirming at least 3 months of growth for this bullish wave and period.
Now, every time a strong resistance level is hit, there is a retrace.
When a strong move happens, there is a pause.
The market never moves up, up, up unless it is in a bull run phase. The market also never moves straight down; the market moves in waves.
So it is natural to see a pause after a strong bullish breakout. After several days of pause, we get additional growth.
Look at the bigger picture, consider this; From the 7-April low to yesterday's high Kaspa is up by 89%. You see? Nice growth and this growth will continue long-term, but long-term.
You can be certain that the market will produce higher highs and higher lows, but this does not remove the possibility of flash crashes and shakeouts, in fact, these type of moves are part of normal market behavior, not the exception but the norm.
When people see strong bullish action they tend to rush, jump and buy-in. They don't buy when prices are low but when the breakout happens out of excitement, an impulse.
What happens is that the market stops and go bland for a few days. This impulse dies out and these people close the trade at lower prices, and then the market resumes growing.
You can do good; you simply wait/hold and it will grow.
You should buy when I publish my charts. If you bought out of excitement, focus on the long-term. FOCUS ON THE LONG-TERM.
Thanks a lot for your continued support.
Namaste.
