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.
Comment:
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