While you are busy drawing useless lines on your charts, the smart money is literally moving the furniture out of the building.
Binance just moved 20.45 million $MARSCOIN over $1.5M into cold storage. Is this the "whale accumulation" you are cheering for? No, it is called a supply shock. They pulled the rug from the active order book.
The crowd looks at the bounce from $0.0705 and thinks everything is fine at $0.08. They do not realize the game has changed. There is no sell liquidity left on the exchange.
You are buying into a vacuum. I am slightly bullish, but not because I believe in fairy tales. I am bullish because the float just got hijacked. Stop looking at the candles and start checking the wallets.
Binance just moved 20.45 million $MARSCOIN over $1.5M into cold storage. Is this the "whale accumulation" you are cheering for? No, it is called a supply shock. They pulled the rug from the active order book.
The crowd looks at the bounce from $0.0705 and thinks everything is fine at $0.08. They do not realize the game has changed. There is no sell liquidity left on the exchange.
You are buying into a vacuum. I am slightly bullish, but not because I believe in fairy tales. I am bullish because the float just got hijacked. Stop looking at the candles and start checking the wallets.