Dodo is uptrend for 6 days.
If you zoom out and look 3D chart, you can see it is rising from 4-5th of August and it made 61% in 2 weeks.
But right now it's bear market, BTC just drops to 28k.
It looks like a pump and dump, just bigger.
0.15 USD is a pszicho-level, it's a round number. And we have the big spike to .18 in smaller CEXes to 0.20 in futures market.
Funding is -2 so lots of shorts are open. If the funding will go lower we will see the price fall also and spot and perp price will be the same.
Right now it is a good change to enter short.
If 0.15 fails clearly in a 1h or 4h chart we are the winners.
If you zoom out and look 3D chart, you can see it is rising from 4-5th of August and it made 61% in 2 weeks.
But right now it's bear market, BTC just drops to 28k.
It looks like a pump and dump, just bigger.
0.15 USD is a pszicho-level, it's a round number. And we have the big spike to .18 in smaller CEXes to 0.20 in futures market.
Funding is -2 so lots of shorts are open. If the funding will go lower we will see the price fall also and spot and perp price will be the same.
Right now it is a good change to enter short.
If 0.15 fails clearly in a 1h or 4h chart we are the winners.
Comment:
haha just finished my comment and the price instantly dropped