I can't believe how does this coin live. BTC is going down, meh, I don't care!
This is my third try with this chart. I can clearly see Head and Shoulders pattern. I've shorted with only conservative scenario as I am going to sleep soon :)
p.s.: I feel like there is someone behind this coin. I mean market maker or "big money" with its own targets in mind. Maybe he draws that fancy patterns to attract more short sales. I was punished at my first time when I stepped into this coin without SL.
Trade closed: stop reached
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I was taken away by my stop-loss at 1,97245. I don't know how to deal with this coin :) I am pretty sure that later this nigh we will reach the target. But... I am done for today. I've lost ~80% of my depo because yesterday when I tried to trade this coin for the first time.
Trade closed: target reached
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It's funny but the price reached its target this night! 3 days on 15MIN chart haha, but anyway :)
Trade closed: target reached
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UPD: One month later price is 0.83 which is equal to -50%.
i was hoping for it to come down at 2 dollar but it keeps going and I don't even see this coin backed up by any major project idk why it's so bullish even when btc is down
ohmypolo
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@sukhmeetsingh yes-yes, you are right. No visible support. I can imagine a lot of traders open shorts positions but someone uses his money to push price higher and squeeze those shorts. Like he is playing with us :( To me this coin is irrational.
Lador
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this coin has a whale holder that almost have more than 15% of the supply. Low Market Cap, weekend low volume easy to move markets. Looking for a correction soon once everyone is up, checking how crazy this coin and needs a correction.
ohmypolo
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@Lador thank you for sharing and clarifying! This resonates with my feeling and understanding.
cmmaag
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This is cheap for a wallet platform. It will double to $6 for a $500 million market cap
ronakio1
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OMG!
shervin.ha
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It's totally confusion when you see BTC going down it goes up!