There is no place to hide. It is impossible to say that nobody saw it coming because we've been calling it for months. Thousands and thousands of people know, hundreds of thousands, maybe even millions.
Millions of people are aware of what is unfolding now. You know. I know. You know I know and I know you know. We both know and we know that all the others that are reading this now also know, even if some disagree. It has been in the making for months.
UMAUSDT concluded its five months long double-bottom last week. It took this project five long months to confirm that lower it can go no longer. So we get an all-time low with a double-bottom.
The session last week ended up closing as an inverted hammer, a perfect reversal signal. Coming at the end of a hard downtrend, happening at support and with a green close. The week prior was also a hammer. This is clearly telling us that a reversal comes next.
More than five years of bearish action, since February 2021. Everything changes starting this week. UMAUSDT is set to turn green long-term.
I highlighted two targets for you on the chart, the first one at $4.52 has 950% potential. This is the main target on this market phase.
A higher target, can take longer, which means there can be an extended correction between the first and the second, sits at $11.1 and this one is big, 2500%.
The market being bearish the chart produces easily lower highs and lower lows. As soon as the market turns bullish, the chart will easily produce higher highs and higher lows. There is nothing special about it. There is no stress, no pressure, no weight. All selling is quickly bought. Plain and simple.
At one point the market is going down, it was never meant to last forever, just an extended bearish market phase. Next, the market starts to grow, it changes and that's all there is... And there is no limit to how long this growth phase can last.
It can last 1-2 months, just as it can last 10 years. Truly, there is no limit to what comes next.
Just as the bear market lasted five years, the bull market can last 2 years, 6 years, 10 years or more.
The only certainty is the fact that there isn't a single new low in five months and a reversal is about to show up. Buy and hold.
Namaste.