Some people consider short-term 1 hour, while others consider short-term 1 week. Still others can consider 3 months to be short-term. Our systems are mixed.
How are you doing my friend?
I am guessing you are getting ready for tomorrow and have no time for work today. That's ok!
Thank you for taking the time to read and for your continued support.
In our system and trading strategy, short-term means within 30 days; 1 month.
We can see a chart like WUSDT with higher lows and consolidation happening since August 2024. It can move fast, short-term. But see what happened with this one; the low was hit in August and the market conditions back then were the same as they are today. While some pairs broke up and grew strong, this one continues sideways. We can spot the signals and the charts but we cannot rush the market.
Some pairs move within days after sharing while others can take months.
Some will move within hours, some others will start moving only after 2-3 weeks.
Some pairs will go down rather than going up.
The longer the consolidation phase, in this case since August, the closer we are to the bullish breakout. Wormhole is getting very, very close. It should move fast; short-term.
Mid-term for us is within 1-3 months.
Long-term is 3-6 months.
Long long-term stands for 6 months or more.
This is a great chart setup and can move within days or weeks. The trading volume is quite revealing, there is a strong increase after September and then it remains high. This is coupled with higher lows; an ascending triangle long-term.
This is a good project, it seems.
This can turn out into a very good trade.
Buy and hold and just be patient, let the market take care of the rest.
If you want to catch a big move and do it fast, diversification can work... But the mindset of earning fast or doing anything fast can result in disaster and small but accumulative loss.
There are many ways to approach this market, these charts, these pairs.
I always recommend patience... It is a sure way to win; you can set it and forget it.
Thanks again for your continued support.
Namaste.