What doesn't make sense to me is that during this range of almost 2 months, there was clear accumulation throughout the range as shown via OBV, however price is diverging?
To my knowledge shorts have been suppressing the price down, and I believe this could be a catalyst to send price. Like a charged and fully loaded spring, its just a matter of time before it bounces.
I will be looking to long the breakout. But first I expect to fill the wick to the downside lol.
To my knowledge shorts have been suppressing the price down, and I believe this could be a catalyst to send price. Like a charged and fully loaded spring, its just a matter of time before it bounces.
I will be looking to long the breakout. But first I expect to fill the wick to the downside lol.
Comment:
Also any idea why WIF is being fudded? Literally makes no sense to me lol. Suddenly some loud people on twitter decide to take over.
Comment:
3.39 is where I'll probably start looking to long. Seems like whole market is about to break up.
Comment:
Looks like it's not going to fill the wick. lol. Probably shouldnt sleep so I can catch this damn move.
Comment:
Yea I haven't went long yet. Chart doesn't look that convincing yet.
Trade active:
Just opened a small long position just in case.
Comment:
I'll wait to add to my position.
Comment:
I cut WIF. Don't know what it's going to do.