So here is a really good indication of WHY TO NEVER BUY PUMPS...
As we can all clearly see, ALGO has been falling like there is no end nor bottom. From a $2.40 entry price this sure has hurt some wallet values
If we take a look at the last 4 candles we can see that algo has begun to find some support. Without more printing on the chart we have little info to work off.
The last 4 candles on the hourly suggest that we have possibly found some support around $1.35
Algo is looking great for a short sclaps with ranges moving between $1.35-$1.411
This is risky, personally I will not be entering until support/bottom has been found
THIS IS NOT FINANCIAL ADVISE. IM AS AMATEUR AS YOU CAN GET. LEARNING AS I GO. I NEED SOME CONTRIBUTION POINTS SO I CAN TALK ON HERE AND LEARN MORE HAHA.
As we can all clearly see, ALGO has been falling like there is no end nor bottom. From a $2.40 entry price this sure has hurt some wallet values
If we take a look at the last 4 candles we can see that algo has begun to find some support. Without more printing on the chart we have little info to work off.
The last 4 candles on the hourly suggest that we have possibly found some support around $1.35
Algo is looking great for a short sclaps with ranges moving between $1.35-$1.411
This is risky, personally I will not be entering until support/bottom has been found
THIS IS NOT FINANCIAL ADVISE. IM AS AMATEUR AS YOU CAN GET. LEARNING AS I GO. I NEED SOME CONTRIBUTION POINTS SO I CAN TALK ON HERE AND LEARN MORE HAHA.
Nota
range still seems to remain at $1.35 and has increased to $1.45. Lets not forget to thank BTC. Should btc turn south ill be exiting my current position
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.