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Jeong Young il
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$PIPPIN This chart shows a typical "parabolic" jump followed by high volatility. Prices are now facing both peak signals and pressure to drop after a strong rally. Based on 20 years of experience and global market data, the most important things to watch are the huge jump in trading volume and the long "tails" on the candles. To be brief, this is a risky area. Instead of moving higher, the price will likely move sideways or drop sharply after hitting a "Blow-off Top." We need to see the volume drop and the price get closer to its moving average before any new moves happen. Looking closely at the chart, the rally started in late November and moved even faster in December. This exponential jump happens when people get too greedy. The long "tail" on top of the candle near 0.50490 shows that many people started selling. Because trading volume was at a record high there, big players might have been offloading their shares. Now, the price is trying to stay above the moving average, but since the volume is dropping during bounces, the buying power is getting weak. There are three possible futures. First, "Sideways Movement." The price stays between $0.35 and $0.45 to wait for the moving averages to catch up. We need to see very low volume here before a new jump. Second, the "Head and Shoulders." If the price fails to break $0.50 again, it might form a pattern that leads to a long-term drop. Third, "Panic Selling." If the main support line breaks, the price could crash by more than 50%. Managing your risk is the most important thing right now.
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If big investors (whales) keep buying Pippin, the price will go up. But they won't buy forever. Will they stop in a day, a week, or a month? Sooner or later, they will sell to take their profits. You need to wait until that happens. If you have a short position, you must wait for the whales to sell. Using low leverage will help you survive until then.
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This account made TODAY. Total FAKE.
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FAKE. Entry price is 0.044. Current price 0.22 Which is 3 hours ago.
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pippin. If more buying money come in, price will go down.
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