Just a quick observation: $CAP has hit a new 24-hour high at 0.09126, surpassing the previous high of 0.09012.
Whenever a new high is reached, there are always people on the plaza calling it the top. But in a truly strong market, one new high is often followed by another. That said, I don’t plan to chase it here. I’ll wait and see if it holds above the previous high after a pullback.
Feel free to share what you’re seeing.
#CAP
Don’t take this as a basis for making any trades.
Whenever a new high is reached, there are always people on the plaza calling it the top. But in a truly strong market, one new high is often followed by another. That said, I don’t plan to chase it here. I’ll wait and see if it holds above the previous high after a pullback.
Feel free to share what you’re seeing.
#CAP
Don’t take this as a basis for making any trades.