I was expecting the Cup and Handle formation to slingshot upon completion but the volume kind of evaporated. Now it looks like it's struggling to maintain this price. Good thing there's so many buy orders right now. Without those passive orders sitting down there I'm afraid we'd be back at 550 sats considering the volume we've got.
VanBenno
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@VanBenno, Actually, looking more closely at the volume it seems that we're doing pretty well. Volume is reading as up but there just isn't much movement at the moment. Any idea what this could mean? Tons of interest, lots of exchanges being made, lots of money coming in but also tons of big sell orders. Will the bulls outweigh the bears? And don't these "bears" realize that they could make more money if they just cancel their sell orders?
Those walls are frustrating.
dippyduck
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Is it still looking like a runup or consolidation?