>>20136339Not really. I'd suggest that the fact that people feel uncomfortable buying at 6 after so many days makes me believe this might be a double top scenario. We should've easily breezed through 6 and testing 7 at this stage where most people would feel compelled in selling when analyzing the last top but new buyers would come in to cushion the red lines. We're here sitting and waiting what the
Gate.io listing could bring us in a few hours at this point.
>but if we drop back down to 0002 it would be a double top2 is too exaggerated. We're not going back to those levels unless WW3 happens for real or the economy collapses. The first top was a much needed and expected correction. The respective accumulation period already occurred throughout 3 and 4.
I personally say that it wouldn't hurt to have APU retest mid to high 4s/low 5s before venturing for new ATHs right now. Forcing ourselves for another run right now will bite us too hard in the long run, maybe forcing us down to high 3s for a short period of time to compensate for the run up at higher testing levels. It'd be better to drop a bit now and let new people coup up some bags and hold them for longer than driving people nuts with another green candle and have dolphins and whales nuking the charts for profits and forcing weak willed holders to panic sell before they go into the red and snowball the price further down.
