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THE COMPOUNDER
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Remember, guys, tomorrow we'll start our second purchase. This will be done until the target date is reached. Maintain your risk management.
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$ETH For some reason, I'm pretty sure ETH still has to reach around 2.600-2.700 before it finally rebounds. There's a very strong buy order presence there, and it's needed to break through the thick sell zone above, or we'll just end up like this.
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Jellyjelly has a thick sell zone at 0.098-0.13. To break through it, I believe it must move down to the thickest buy zone, around 0.046-0.076. I've already taken several orders at the upper price, but we still haven't been able to break through. So, I think the last and perhaps best option is to move down to 0.046-0.055, but Jellyjelly must immediately move up to avoid creating an additional sell zone layer above it.
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Head & Shoulder is ongoing. The target is 1.45. If it hasn't reached 1.45, Beat will have difficulty achieving a new ATH, as the greatest demand is in the 1.08-1.55 range. My target is around 1.45, and that should be enough to penetrate the thick sell zone above. So, if you're looking to swing trade, don't buy Beat unless it's around that price.
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Buy rave at 0.407-0.425 SL 0.39-0.395 TP1 0.475 TP2 0.495 if it doesn't reach the entry above, don't buy
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Prices below limit orders are starting to decline. How can we expect to increase prices if there are so few buyers? Yesterday, there were a lot of limit orders below, but now it seems retailers are holding and not wanting to place limit orders. That's my prediction.
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