$API3 WHY its TIME to Go SHORT?
For those who are following me and made a lot of profits when the API3 token has been pumping 50% and followed my advice to GO LONG and took a huge chunk of that 1.3 Billion dollars volume where the common traders of 72% gone to SHORT it and been liquidated. CONGRATULATIONS!
I told you to go LONG
simply because a billion dollar volume or higher with a ratio of 72% shorting it is very attractive to WHALES EYES.
I told you they will open LONG and would buy more in spot to pump the price even higher, resulting of many short positions liquidated. it happened!
in result most of us who followed the WHALES TRADING STRATEGY gain a stagering amount of profit, mine is almost 2000%, CONGRATS again!
You ask WHEN to SHORT?
I told you I close and open SHORT at API3 price of 3.4 because I am already very much contented with my profit and aside from that I have notice WHALES API3 blockchain transfer transaction to many exchanges like Coinbase, Binance, Huobi, Mexci and so on.
Usually it is not a threat for the price to go down, but the peculiarity is when the volume and amount of transfer is 1Million dollars minimum and above with several and more transfer is being made.
Because it means Whales are setting their tokens in order only to sell. So they close their Long position and will now start to open SHORT
the price would surge for awhile only to hit the selling order that would result in a colapse with the price giving them another profit for their SHORT positions.
Another thing to consider why WHALES are starting to SHORT?
the FEDERAL'S MEETING FOMC this coming January 30-31 2024
usually when the FED'S meeting is coming they are securing their profits by selling and closing, then waiting for another opportunity after the release of either the interest rate would remain the same, would cut or would raise.
that is also the reason why I started to go short.
Trade wisely guys,
Trade like you know the Future.
Goodluck!
