Hello everyone.
The signals looked good and volume was up but it dropped dramatically in the past 2 hours. It broke through resistance at 4 am PST and now looks presently to be struggling to maintain momentum and just bouncing off the roof of resistance for the past hour. Judging by my past experience with BQX on previous bull runs, they have been very short lived then quickly take a dump. It looks to me like another fail.
I am glad I avoided this trade. I was burned hard from the last big bull run in October. I almost bit the bait but remembered FOMO and used my head instead. I am very skeptical now when it comes to this ALT coin.
Imo, I see this coin going further down unless ETHOS secures a good partner with deep pockets. After all it is only a wallet and how many people are into that? So many choices now regarding wallets and for many we keep our funds on the exchange because of the hassle of going to a wallet and back to the exchange when we think we see opportunity.
Because of the Crypto winter, I keep eyes on the top 100 list and avoid anything less. I have been burned enough if you get my drift;)
Good luck to those who deserve it.
Cheers
The signals looked good and volume was up but it dropped dramatically in the past 2 hours. It broke through resistance at 4 am PST and now looks presently to be struggling to maintain momentum and just bouncing off the roof of resistance for the past hour. Judging by my past experience with BQX on previous bull runs, they have been very short lived then quickly take a dump. It looks to me like another fail.
I am glad I avoided this trade. I was burned hard from the last big bull run in October. I almost bit the bait but remembered FOMO and used my head instead. I am very skeptical now when it comes to this ALT coin.
Imo, I see this coin going further down unless ETHOS secures a good partner with deep pockets. After all it is only a wallet and how many people are into that? So many choices now regarding wallets and for many we keep our funds on the exchange because of the hassle of going to a wallet and back to the exchange when we think we see opportunity.
Because of the Crypto winter, I keep eyes on the top 100 list and avoid anything less. I have been burned enough if you get my drift;)
Good luck to those who deserve it.
Cheers