$BTW Secretly pumping the price. Would you enter a coin like this that loves to make sharp wicks?
I’m sure quite a few of you have been burned by coins like this. AKE and BTW are two fellow sufferers. Anyway, let’s skip the fluff.
Looking at the current market, every rally by the project team seems to be preparation for a sell-off. The daily chart keeps closing green, and in the short term, a very long wick could appear at any moment.
The market makers keep shaking out holders to accumulate tokens, then pump the price and sell. The price is now at 1.78, and it’s still up on the day in the short term, which suggests the market makers aren’t looking to sell just yet.
Now let’s look at the funds on-chain: they’re still flowing in. The largest holder currently has 20 million BTW, or 20% of the supply, and the price is still being pushed higher in the short term. But Chai-ge doesn’t recommend trading this wild coin—the wick-driven volatility is pretty extreme. You could consider 👇 U.S. stocks are about to open, and opportunities are still out there.
#BTW #SNDK #SKHYNIX
I’m sure quite a few of you have been burned by coins like this. AKE and BTW are two fellow sufferers. Anyway, let’s skip the fluff.
Looking at the current market, every rally by the project team seems to be preparation for a sell-off. The daily chart keeps closing green, and in the short term, a very long wick could appear at any moment.
The market makers keep shaking out holders to accumulate tokens, then pump the price and sell. The price is now at 1.78, and it’s still up on the day in the short term, which suggests the market makers aren’t looking to sell just yet.
Now let’s look at the funds on-chain: they’re still flowing in. The largest holder currently has 20 million BTW, or 20% of the supply, and the price is still being pushed higher in the short term. But Chai-ge doesn’t recommend trading this wild coin—the wick-driven volatility is pretty extreme. You could consider 👇 U.S. stocks are about to open, and opportunities are still out there.
#BTW #SNDK #SKHYNIX
