Most crypto has put in a decent liquidation wick in last week. Although the bounce was fast, it wasn't enough to get out in profit. It is also quit a big draw down to retest the bottom of the wick.
These "wick fills" have seemed to take a long time to retest. Often I see 3 "legs" in wick fills.
Being patient is mandatory in crypto.
I am worried with the saturation of MEME coins, there isn't enough capital in the market to go around. Most chase the fastest car over the best car, it is an important time to be in only a few crypto and still unsure if this ALT season and ALT coins in general are done...
Now, if my Head and Shoulders gets neutralized and runs up, I could see $8....
No utility, no market
No cap on minting, no market
I am focusing on crypto with a max amount of coins.
Please help us out and share your picks that fit this category please, thank you ALL
GTLA
These "wick fills" have seemed to take a long time to retest. Often I see 3 "legs" in wick fills.
Being patient is mandatory in crypto.
I am worried with the saturation of MEME coins, there isn't enough capital in the market to go around. Most chase the fastest car over the best car, it is an important time to be in only a few crypto and still unsure if this ALT season and ALT coins in general are done...
Now, if my Head and Shoulders gets neutralized and runs up, I could see $8....
No utility, no market
No cap on minting, no market
I am focusing on crypto with a max amount of coins.
Please help us out and share your picks that fit this category please, thank you ALL
GTLA
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.