Dont make it harder than it should be. Buy on the line, make $$$
Now that VARA has retraced 50% and sitting on the bottom of the triangle, here's 3 paths moving forward:
A. Impulsive to the upside (boosted by ETH ETF approval)
B. Sideway and re-accumulation, then move up. (This is more likely to play out)
C. It do go down. This is over. (You wish!! this is a bull market and VARA imo hasnt even started)
At every time price touched this line in the past, there's tons of sellers and whiners and lots of fear, and each time they are rekt, only to buy back in at the top and ride it back down. Understand human nature and buy when everyone thinks it's over, sell you their bag and then you sell it back to them at much higher. Rinse n repeat
A. Impulsive to the upside (boosted by ETH ETF approval)
B. Sideway and re-accumulation, then move up. (This is more likely to play out)
C. It do go down. This is over. (You wish!! this is a bull market and VARA imo hasnt even started)
At every time price touched this line in the past, there's tons of sellers and whiners and lots of fear, and each time they are rekt, only to buy back in at the top and ride it back down. Understand human nature and buy when everyone thinks it's over, sell you their bag and then you sell it back to them at much higher. Rinse n repeat