Buyers below the dashed purple line could have taken 8-10x profit in the purple box, Buyers below the grey dashed line could have taken 8-10x profit in the grey box e.t.c.
Since there is massive volume between the white and red line, there might be a long and boring period of time in the blue box for this reason (if we reach it) - stability!
Those who bought above the red dashed line, might have to wait a long time for their 8-10x.
Nightcap time! Cheers!
Since there is massive volume between the white and red line, there might be a long and boring period of time in the blue box for this reason (if we reach it) - stability!
Those who bought above the red dashed line, might have to wait a long time for their 8-10x.
Nightcap time! Cheers!
Comment:
To my surprise, we've entered the purple 8-10x box (initial chart). Following the theme of this idea, any selling below current levels would suggest coins bought five years ago or more are being sold.
Just clarified with a new graphic. We are again entering the "massive volume" 8-10x area. I follow this with renewed interest.