Its true that the whole market has been declining, but this currency is becoming a "SHITCOIN" due to the big scam of game developers by increasing half a million tokens.
The responsibility for the current situation lies solely with the ignorant team that created the game.
However, if they didnt manipulate the market, the price would have stabilized and was ready for a good jump.
I apologize to all those who have been following my analysis during this time. In terms of technical analysis, everything was right, but unfortunately I ignored the theft of the builders.
If the red line is broken, the situation becomes very bad. But if the price is well supported, it will break out of the downtrend by breaking the yellow and green lines.
Lets see...
The responsibility for the current situation lies solely with the ignorant team that created the game.
However, if they didnt manipulate the market, the price would have stabilized and was ready for a good jump.
I apologize to all those who have been following my analysis during this time. In terms of technical analysis, everything was right, but unfortunately I ignored the theft of the builders.
If the red line is broken, the situation becomes very bad. But if the price is well supported, it will break out of the downtrend by breaking the yellow and green lines.
Lets see...
Note
Correction:Half a billion tokens is correct
Note
Update Update UpdateAs you can see, a shadow hit below the red line to catch the stop losses, but it was well supported and immediately rejected. I think we are moving in the direction of the green path.
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Related publications
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.