Update on $ACT y investigation into possible whale manipulation š³
Pay attention to why it could go up as $AKE , or simply be a decoy and crash āļø
Things that catch my attention: it maintainsāor tries to maintaināthat support I identified yesterday. I donāt see this coin moving in parallel with #BTC , or at least not in such an aggressive way as the other alts.
Even so, following the supportās path, the coin drops in a somewhat artificial manner to seek liquidity on the downside, giving that false sense of acquired momentum. This is especially noticeable considering that volume increased from yesterday to today, but that increase didnāt make the coin rise higher than the previous pricesāit only allowed it to hold at that support, which I keep saying is artificially created.
Points to keep in mind: as I said, this could be a decoy and simply fall hard. Thatās why Iām not telling you to buy anythingājust that weāre following it. Now, looking at the coinās chart, a case for an upward move could be possible, but given that itās an alt and easy to manipulate, itās better to leave it and see if it manages to break through resistance.
And if volume increases from 9.96M to 12Māor estimates around thereāand the coin stays where it is, itās because theyāre accumulating orders. Then weāll see how it ends, but it will likely be pushed upward.
Iāll keep following it even more closely š
Pay attention to why it could go up as $AKE , or simply be a decoy and crash āļø
Things that catch my attention: it maintainsāor tries to maintaināthat support I identified yesterday. I donāt see this coin moving in parallel with #BTC , or at least not in such an aggressive way as the other alts.
Even so, following the supportās path, the coin drops in a somewhat artificial manner to seek liquidity on the downside, giving that false sense of acquired momentum. This is especially noticeable considering that volume increased from yesterday to today, but that increase didnāt make the coin rise higher than the previous pricesāit only allowed it to hold at that support, which I keep saying is artificially created.
Points to keep in mind: as I said, this could be a decoy and simply fall hard. Thatās why Iām not telling you to buy anythingājust that weāre following it. Now, looking at the coinās chart, a case for an upward move could be possible, but given that itās an alt and easy to manipulate, itās better to leave it and see if it manages to break through resistance.
And if volume increases from 9.96M to 12Māor estimates around thereāand the coin stays where it is, itās because theyāre accumulating orders. Then weāll see how it ends, but it will likely be pushed upward.
Iāll keep following it even more closely š
