That $ONE rip from yesterday just got wrecked.
It sat dead around 0.00116 for days, then ripped to 0.00247 on Nov 7 on the heaviest tape of the whole move. Today every bounce got sold. The 08:00 UTC push to 0.00225 failed and the 16:00 UTC candle wicked down to 0.00169. Now it's hanging around 0.00185, trying to hold the hourly 50 EMA.
For me 0.00169 is the line. That's today's wick. Lose it and I am looking at the old base around 0.00116, where this whole thing started.
I want it back over 0.00193 first, that's the 20 EMA. Hourly close above 0.00225 and this was just a shakeout.
It sat dead around 0.00116 for days, then ripped to 0.00247 on Nov 7 on the heaviest tape of the whole move. Today every bounce got sold. The 08:00 UTC push to 0.00225 failed and the 16:00 UTC candle wicked down to 0.00169. Now it's hanging around 0.00185, trying to hold the hourly 50 EMA.
For me 0.00169 is the line. That's today's wick. Lose it and I am looking at the old base around 0.00116, where this whole thing started.
I want it back over 0.00193 first, that's the 20 EMA. Hourly close above 0.00225 and this was just a shakeout.
