
Brothers, big G just finished analyzing the candlestick chart! COOKIE is now fluctuating around 0.1884, this morning's 22% surge has deformed all three tracks (Bollinger Bands), let me highlight something for you:
Three-piece set for monitoring the market
Red upper track pressing down: The current price is stuck closely to the 0.19 Bollinger Band upper track, exactly the same as last year's SOL surge pattern. But note that the energy bars (MACD) are starting to shrink, and the last time this signal appeared, there was an 18% drop three days later.
Life and death line shift: The original support level of 0.15 has moved up to 0.175 (Bollinger Band middle track), this morning it dropped to a low of 0.1451 and was instantly pulled back, the signs of the dog fund protecting the market are too obvious.
Divergence alert: The price is about to touch the previous high of 0.2089, but the height of the MACD red bars is only half of the previous high - a typical precursor to a 'false breakout'
Key actions
Breakthrough 0.195 (Red Upper Track): Lightly chase long positions, but must run away near 0.208
Breaking below 0.175 (Green Middle Track): Directly look at the 0.145-0.155 pickup zone
Don't touch the current price! Wait for the U.S. stock market to open at 2 AM to see the direction
Here's a real case: Last week, a certain whale placed a short order at 0.19, setting a stop loss at 0.195, and it happened to get liquidated by a spike - now the upper track of the Bollinger Bands is a slaughterhouse. Remember, volume can't deceive people; today’s increase had 30% less trading volume than yesterday, this trend is likely to retrace!
Noticed a detail while monitoring the market early morning: Every time COOKIE spikes, the same address is withdrawing coins from Binance, brothers who understand know what I mean.
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