If you're still buying the top of the 7-day volume board and calling it a strategy, stop now.
Losing money on these isn't usually the mysterious part. It's the FOMO bid after the crowd already arrived, then having no idea when to get out once the candle turns into a wick.
$ORDER is up there by 7-day trader volume and sitting at -28.79%. Line it up against yesterday's top-ranked coin and the plot barely changes: one heavy downward wick, and the rest is just noise.
Myanmar coins have been telling this same joke on repeat, which is why the dull take has been to keep the short and stop treating every bounce like a comeback. Volume on $BTC tends to mean a market. Volume on this setup often means the door is getting crowded. $ETH will not save the chart if the pattern is the pattern.
Where do you think this goes from here?
#ORDER #Crypto #Binance
Losing money on these isn't usually the mysterious part. It's the FOMO bid after the crowd already arrived, then having no idea when to get out once the candle turns into a wick.
$ORDER is up there by 7-day trader volume and sitting at -28.79%. Line it up against yesterday's top-ranked coin and the plot barely changes: one heavy downward wick, and the rest is just noise.
Myanmar coins have been telling this same joke on repeat, which is why the dull take has been to keep the short and stop treating every bounce like a comeback. Volume on $BTC tends to mean a market. Volume on this setup often means the door is getting crowded. $ETH will not save the chart if the pattern is the pattern.
Where do you think this goes from here?
#ORDER #Crypto #Binance