I'm always wary of a situation where the price is being held up by a few large orders. That's exactly what's happening with $JCT right now at 0.008.
It gives the impression that someone is simply collecting liquidity before a major dump.
As soon as buyers take the bait, support will simply disappear. The price will plunge at an incredible speed.
I don't want to be the one buying at this price. My plan is to wait for the true bottom and only then look at the chart.
#JCTUSDT #SmartMoney
It gives the impression that someone is simply collecting liquidity before a major dump.
As soon as buyers take the bait, support will simply disappear. The price will plunge at an incredible speed.
I don't want to be the one buying at this price. My plan is to wait for the true bottom and only then look at the chart.
#JCTUSDT #SmartMoney
