Jimmy has gotten back in the game #layer !
This coin, the previous dog dealer has already cleared out, and Jimmy also exited during the last wave of decline! You can check my previous posts for the delivery order!
Why did I get back in today? Let me explain my logic!
1. Since dropping from the high of 3.4, there has never been a rebound, it has been consistently declining, but the volume has not increased, indicating that there has been continuous selling.
2. After reaching the lowest point on May 19, it stopped declining, and during the 4 days of sideways movement, while other small coins were rising, it remained still, indicating that new capital had entered and was suppressing the price!
3. Today, there was a sudden increase in volume and rise, I judged that the short-term new capital had taken their fill and needed to distribute at high levels, but unexpectedly after the rise, it faced a sharp drop in Bitcoin, and the price fell back to 1 yuan. I believe this dealer definitely won't take a loss and will likely use this major correction to wash out and continue to push up, so I decisively entered the market! My expectation is to exit around 1.3, not sure if there will be an opportunity!