Milan (ACM) High Profits Target —1,200%; Trading Basics & More We have another fan token here, this time it is for Milan, ACMUSDT. What is easy to notice is how these tokens/pairs are trading near bottom prices, which is really good. Low prices is good if you are buying anticipating growth.
People tend to look for high prices and rising pairs, this is not good. Rising prices are good only when you are already in. High prices is only good when you bought low. Bottom prices is the best when you are looking to buy and hold.
AC Milan Fan Token, this is what we are looking at today. This is the weekly timeframe, each candle holds one week of data; seven days. This means long-term.
Notice that ACMUSDT closed above EMA55 last week. Notice that this week it wicked below this level but it is trading back above it. So resistance has been conquered and the bullish bias confirmed. With a confirmed bullish bias we can expect higher prices; up, growth... Great!
A price tag of $25 would give us an awesome 1,200% potential for gains. Huge. It can go higher but I don't know. I've never seen these projects/pairs/tokens moving within a bull-market so I don't know how they will behave in the future. We cannot say if the action will be super strong, weak or mild. We have to play it safe.
The safe target and price range, the safest one yet still super strong is $11. This one is an easy target but can be great. Growth potential from current price to $11 amounts to 465%. Don't get greedy on me, this is huge.
We can say that 200% is not enough but in the last two years we've been losing 30 to 50% on every single trade. So 10% profits is not good enough, "I want more," but I can sell at a loss when a trade goes down by 50%... Does that makes sense?
This is how we tend to do it. We are unhappy with the profits, unless it grows more. We are unhappy with the losses but we take them. This is a bad vibration and it is based on greed, lack of experience and lack of planning.
All profits are good. All green is a win.
You can earn 5% and that's great. You say, "Thank you God, I am happy for this profit, for this win." And this will open the doors for 10%, then 20%, then 6,000%.
When we can accept the small, we can accept the big.
If you cannot make $100 USD, you won't be able to collect $10,000 USD.
So you have to be ready to secure a win at any price, at any cost. Just winning will put you on the right track. When you win you can play again. If you win keep playing; you are already winning and this will open higher profits, more and more.
But if we become unhappy even when prices are up, greed will get the best of us and we only sell when there is a drop and miss the opportunity to secure a big win. So set your target beforehand and stick with it.
It doesn't matter if it keep on rising, you can never tell how far up it will go. But if you get used to following a plan and taking action, you will have control of your decisions and you can produce your desired results.
Do not go with the flow. Create your own vision, your own reality, your own timeline. That's planning.
If the market calls you and you rush-in and buy at random because you think it is right, no plan, this can never end well. If you plan before taking action, opportunities are endless, you can do good.
The black line on the chart marks the June 2023 market bottom. This is a strong, long-term support level. ACMUSDT moved below this level and is now trading back above it. This is bullish.
Prepare for growth.
You have my support.
You can win!
You can do this... I know!
We've been here before... Many times before...
Is this your first time?
Good. If you are reading this then it means you have the knowledge that is needed to win. So you can be new or old, you will have success in this run.
Just set up some realistic goals and be grateful regardless of the end result.
Just enjoy the ride... Life goes on and on and on.
We live in an amazing world.
Namaste.
