WIF this guy has explained it live no less than twenty times in the past two to three months!
There are two major points: after breaking 1.3, the rebound at 1.3 is for laying out short positions to hedge against being stuck in the spot market!
Two major points for adding positions at the lines of 0.415/0.315!
Today it surged to 1.2, this wave is a big long-term rhythm!
In the past, if you did this, then your spot must have been released and made a profit of twice!
Example: If you bought 1000 at 2 dollars and got stuck, adding 1000 at 0.415/0.315, with an average price of 0.5 dollars, total cost 3000 dollars, total coin amount over 6000 pieces, at this moment at 1.2 dollars, worth over 7200 dollars, minus 3000 dollars cost, are you not making more than double, are you still not breaking even?