Seeing many of you follow $LAYER too much!
Low prices are not for Long!!!
I really have assessed and advised you from the afternoon that this price layer should not be long/short.
Or only Short when the funding price of the exchange is calculated every 4 hours or 8 hours and not 1 hour as it is currently!!!
After dropping to the price range of 1.8 - 2.xx, Layer still shows high Volume -> Clearly indicating that there is profit taking by whales at these price levels.
Why do you still cling to the idea of Long at this price level???
-> High funding fees at the exchange are indeed a barrier to shorting Layer, but longing Layer will be even more dangerous!!!
Ps: This is a personal analysis, not investment advice. Risk management is the top priority!
Low prices are not for Long!!!
I really have assessed and advised you from the afternoon that this price layer should not be long/short.
Or only Short when the funding price of the exchange is calculated every 4 hours or 8 hours and not 1 hour as it is currently!!!
After dropping to the price range of 1.8 - 2.xx, Layer still shows high Volume -> Clearly indicating that there is profit taking by whales at these price levels.
Why do you still cling to the idea of Long at this price level???
-> High funding fees at the exchange are indeed a barrier to shorting Layer, but longing Layer will be even more dangerous!!!
Ps: This is a personal analysis, not investment advice. Risk management is the top priority!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
LAYER
1.311
-28.59%