$BMT 🚨 IS $BMT HEADING TOWARD A MONITORING TAG?
🍋I feel like something is shifting with BMT lately. Traders should probably keep an eye on BMT the next big move happens.
📉 Volume's fading
📉 Price continues to weaken
⚠️ Long positions are becoming increasingly crowded
🍋When these things happen at once it can create a scary setup for people using leverage on long positions. If buying pressure for BMT appearing while more people pile into positions the risk of a price drop could go up very fast.
🍋 A future Monitoring Tag is a possibility and not a certainty but the way the #BMT market looks right now deserves some attention.
💬 Share your view and vote #altcoins #cryptotrading #BinanceSquare #trading
🍋I feel like something is shifting with BMT lately. Traders should probably keep an eye on BMT the next big move happens.
📉 Volume's fading
📉 Price continues to weaken
⚠️ Long positions are becoming increasingly crowded
🍋When these things happen at once it can create a scary setup for people using leverage on long positions. If buying pressure for BMT appearing while more people pile into positions the risk of a price drop could go up very fast.
🍋 A future Monitoring Tag is a possibility and not a certainty but the way the #BMT market looks right now deserves some attention.
💬 Share your view and vote #altcoins #cryptotrading #BinanceSquare #trading
Are you still bullish
U think Crowd is the warning
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