PARTI Near Bottom, Perfect Bottom; Wait Two Months (185%+)Particle Network is showing no momentum on the drop. The peak happened 13-May, more than 40 days ago. I think it is easy to say—or fair to say—that the correction has run its course, it is reaching its end.
Near bottom or perfect bottom? Think about it.
Can you catch a perfect bottom? Yes. No. Maybe.
Is it necessary? Absolutely not.
That's the thing. The bottom might not be in or might be in, but we don't want to catch a perfect bottom we just want to buy near support. Trading low and close to a reversal. That's exactly what we have here.
If it keeps on going lower it goes lower for a few more days or a few weeks. Once the rise starts, it will be strong.
Forty days moving lower. 24 days lasted the bullish jump.
So the drop can last 40 days, 45 days, 50 days... More or less. Not much longer.
Even 20 days would be a decent wait but once the bullish action starts it is a sure win.
Say you aim at a target of 0.57 with profits potential exceeding 185%. With this in mind, would you wait 2-3 months?
If you trade 1 BTC, it is worth the wait.
0.10 BTC that is also ok.
If your position size is 10K, a win after 3 months can produce 28.5K.
Sounds good—looks reasonable, an easy wait.
Perfect bottom or trading low near support?
It all depends on your trading style, your capital and your goals.
Spot trading = buy and hold.
By the way, we got the first PARTIUSDT wave, let's go for the second one. Looks like an easy trade.
Thank you for reading.
Namaste.
