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$NEIRO
if this line break might see down aide an short can be place.
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$NEIRO $NEIRO WR : 4H ( -19% ) over bought. OBV: 4H Down trend. RSI : 4H 60 near overbought (70 above considered overbought). Support 0.000800 Most probably need to close the fill 0.0008 before going up again. If break the support and close below 0.0008 and consolidate below, we will expect more down trend. trade with caution if you have buy postion. do your own research.
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$NEIRO to friends and traders who they aren't aware why prices are falling. friends, currently there is war in middle east,last night IRAN shoot over 200 hypersonic balestic missile to Israel, heavily damaged Israeli infrastructure of army and airbases. that was the reason yesterday prices was falling. there is huge fear for oil hike price, as today oil increase 3% . today Israel had statement in retaliate for iran missilethey will shoot iranian oil production and infrastructure,that will heavily effect world wide market and economy. oil price will sky rocketstock market will fall and crypto market will be effected. those friends are saying that was last and it will not fall, maybe didnt read the news. if israiel retaliate tonight you might expect highly volatile market, which widly effect world market. so there is high possibility and chance market fall more than yesterday. all depends on war at middle east and IRAN israiel war. be safe
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$DOGS we will discuss about $DOGS why it fall today and reason: as you see in picture dogs start to fall exactly at 12:00 on September 23. in 2 different sell orders with total valume of 21Bilion dogs. 1st we have to know who has this amount of the dogs on hand? ofcourse developer and sponsor of the network,thats obvious they start to sell. why? in recent days we observe there is lots of give away of dogs coins in all applications and trading apps . well developer need to advertise so they are giving away dogs for free to attract more investors and distribute the coins. in other hands these coins have to be replaced ,defintly developers and sponsors dnt want to lose right? whats the trick here, lets keep in mind 21Bilion dogs its almost roughly around 5% of total dogs circulation. developer sells and dump the price, small investors,individuals they go in panic sells and start to sell, its domino effect. you can see the decrease inflow and increase outflow in picture i posted by big investors and small investors,but as you notice middle investors are start to collect after dump the prices ,developer start to buy with low prices. more higher price they purchase more them assest get valuable ,how? for example developer hold 50bilion coins,he purchased 2 bilion coins at 0.001 ,he.paid for only 2 bilion coins at 0.001 but his other 50bilion now worth 0.001 ,higher price he buy ,higher value of his assest. this is what happening now. maybe you think its shity coins ,but remember if it was shity coins will not have bilion dollars in transaction. so best is buy at low price and wait. maybe need to wait for months, because developers and big investors ,they will keep this coins in close cabinet for a while until all the hit goes, then they will start again. perhaps they will work on other project after dump,so dnt expect immediate rebound. but definitely will do.
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$NEIRO currently this coin going side way between 0.00085 - 0.00076. it was good opportunity for short term entery for short and long. short on 0.00085-84 and long on 0.00076. for few hours. currently valume its so low as you see in picture. valume drop more than 60% means lower interest for investment, no inflow, no large contracts. results base on data provided by binance doesn't show good sign. high probability on Monday prices might fall by Chinese markwt opening,fallow by US market. if you have profit secure your profit ,wait for lower price and make new purchase with your peofit for more coins. this is just my opinion,do your own research.
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$NEIRO is going side way now, with resistance 0.00085 and 1st support 0.0007660.as you see its strong supporting and strong resistance. it depend, which side will break,just hold you're positions and wait for break out,if break from 0.00085 and close above 0.00086 can go for long position. if break below 0.00076 next support 0.00066. just observe carefully. as you see in funding its drop to 0.005% its not a good sign. trade valume of future $NEIRO and spot , droping significantly compared to few days ago. no large long positions been placed. no large inflow. maybe some investors switch to $CATI and preparing for $hamster lunch pool and trading in September 26th. this is only my opinion. do your own research.
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