no its easy money
So when do we buy, Jow Forums?
William Wilson
Caleb Cruz
I can try to answer this.
Pic is 30 min chart. VWAP in pic is a little different to the traditional one you find in all charting tools. Essentially the same except:
>No VWAP reset when new day starts
>Price and volume of IEO winners taken into account (I approximated the dollar value to 39 sats), hence why VWAP starts well below first candlestick.
Point is, below the yellow line, the average seller is selling at a loss. I doubt there are any whales who would want to dump at this price. Only people selling now are those trying to chase pumps/bored biztards.
It's interesting to see the price stops tanking around the yellow line when the LINK pump chasers exited. Also the fact that the price is currently the same distance below the 'true' VWAP the first time it crossed below (day after IEO), and doesn't seem to want to go any further, I'd say its a decent argument that we've found the bottom.
Chart doesn't say anything about it mooning though so there's that.
Caleb Moore
"easy money" = p&d
James Brown
this sounds logical to me.
the question is why would it moon all of the sudden out of nowwhere like matic - which everybody and their moms think will happen.
matic had 10x times the volume and a 1 in a 1000 pump
at the moment i even expect celer to outperform harmony, when it comes to the chart.
Dominic Barnes
Yeah true you're right about that. Reason for not going down =/= it will moon.
I'm holding some just incase it moons. Maybe a mainnet pump which induces fomo but no other reason desu
Nathan Carter
>matic had 10x times the volume
what the fuck are you talking about.
coinmarketcap.com
coinmarketcap.com
During the first 2 weeks of trading ONE outperforms MATIC in terms of volume by far. This is a whole other level of washtrading than on your "1 in a 1000 pump". ONE has a huge volume for a new coin being in accumulation phase. Once it picks up Harmony is going to make Matic look like a midget.
William Fisher
i am just in awe how this coin consistantly manages to go down. day by day, minute by minute. it's fascinating really. just wish my whole net worth wasn't in it at 320....
Camden Sanchez
That's what I said about Resistance.
Buy during IEO.
You think Biz actually knows good advice when it sees it ? Nah.
Colton Rogers
>Point is, below the yellow line, the average seller is selling at a loss. I doubt there are any whales who would want to dump at this price. Only people selling now are those trying to chase pumps/bored biztards.
people are still dumping right now.
we aren´t at the bottom yet and it is still a looooong long way.
there are people who are selling if at profit or not i can´t say but the charts dont lie.
maybe the whole "1500$ was max IEO" is disproven as well, a lot of people selling and with this chink pnds, nobody for sure know who has coins and who is dumping.
Caleb Smith
í can only say it again: get out as fast as you can, you get dumped on in some highly manipulated chink market
i wouldn´t be suprised if the developers gave themself millions of lottery tokens on other privat accounts and now theyre unloading on some delusional hodlers.