In my opinion, the fud, fear and frustration phase is coming to an end. A lot of people were exhausted by the 4 month long flat, and along the way some people gave up and sold the asset, some at a slight disadvantage, some at a gain. And the fud that has been going on for the last two weeks has put even more pressure on the psychology of the community. It's very noticeable how people are breaking down and can't take it anymore. The concentrated peak of pressure has passed.
So now I'm expecting the following actions:
I don't know if this was planned, if you put aside all emotions and concentrate on the chart - all stages are quite logical and obvious. However, I still believe in the project. Maybe the goals will not be reached as soon as we would like, but this is the way!
So now I'm expecting the following actions:
- Slow movement towards 50-60, people will be afraid to come in.
- After 100-120 there will be a rapid growth, people will not have time to enter at the lower prices and there will be an obvious fomobuy. Perhaps even the price will quickly reach 150, gaining fomobuyers with the subsequent correction.
I don't know if this was planned, if you put aside all emotions and concentrate on the chart - all stages are quite logical and obvious. However, I still believe in the project. Maybe the goals will not be reached as soon as we would like, but this is the way!