Look to buy in at 4.5k. Rally is very strong post 6K crash but dailies show consistent waning volume and consistent increasing price. This is classic pump signature.
Also strong indicators that there is alot of wash trading and price discovery algorithms but this will lead some investors off a cliff.
Sell in the green, buy in the red. Dont chase the candles. Patience.
Also strong indicators that there is alot of wash trading and price discovery algorithms but this will lead some investors off a cliff.
Sell in the green, buy in the red. Dont chase the candles. Patience.
Note
Day trading possibilities here, but be warned there is a strong danger to it. Risk is high but so is reward.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.