Brothers, Big G has been analyzing the candlestick chart for three hours! This 20% surge of KAITO looks impressive, but the Bollinger Bands and MACD have exposed fatal hidden dangers. Let me highlight this for you:
Four Essentials for Watching the Market.
Bollinger Bands Are Stretched: The current price of 2.1994 is stuck at the upper band (around 2.2), resembling the night before last year's LUNA crash. The middle band at 1.8 is the life-and-death line; this morning it hit a low of 1.62 and then bounced back, the market manipulators are playing pole vaulting.
MACD Golden Cross is Deceptive: Although the MACD shows a golden cross, the red bar (0.0192) has shrunk by 40% compared to the day before yesterday—last time this signal appeared, there was an 18% crash within 48 hours.
Whale Cost Line Exposed: On-chain shows that the average purchase price for those 4 million KAITO coins is 1.8. The current price is exactly 20% above the cost line of the manipulators, clearly inviting you into the trap.
Retail Investors Are Picking Up the Dump: Upbit now accounts for 27% of the trading volume, but Koreans love to play the 'run when it gets light' trick; just look at how WEMIX was harvested back then.
Critical Operation Point.
Current price of 2.1994, don't touch it! Upper band resistance + MACD contraction = double whammy.
Breaking through 2.25 can allow for light buying, but at 2.4 you must run (previous high resistance zone).
If it drops below 1.8, cut your losses quickly, looking down at 1.62 for a burial ground.
Yesterday when the price surged to 2.2166, the MACD bar height was only half of the previous high. Sure enough, three hours later it plunged to 1.9. Currently, this trend is textbook bullish lure with a bearish slaughter! Remember, volume won't lie—today's trading volume is 15% less than yesterday during the price increase, and there's a 90% chance this market will correct!
Recently, I plan to ambush a potential coin that is ready to explode; doubling is still very simple, with expected gains of over 10 times being no problem. If you want to follow along, click on my avatar and pay attention to me; I will share for free!
