Honestly, I really like this coin. During the last bull run, I rode the wave on OK's single token from 300u up to 4wu, hoping there's still a chance for a pump.
First livestream tonight, I'm gonna start with a small position to gauge the situation. Missed the big dog at 793 and ETH at 2240, but I saw some bullish candlestick patterns on the smaller timeframes, so I jumped in at market price for the initial position. Took half of my skyai at 0.58 and placed a buy order at 0.49. Let's see how it plays out tonight. Also, I need to sort out the ID verification; moving forward, I’ll share some of the profits from the previous day's trades during each livestream, hehe.
Yesterday, we hit a high of 0.6 but failed to hold it, then pulled back. However, the price has been consolidating without breaking through the upward trend line. We've been hovering along the upper bound of the descending trend line drawn from the previous two highs. Starting at 6 PM, although the price was still fluctuating, it broke out of the descending channel. Each time we made a new high followed by a drop, we quickly closed above the descending channel. The bullish trend is now clearly established, so it’s only natural that we’ll break through 0.6 again in the morning. Next target is the previous high at 0.71; if we break that, we’re looking at 0.866. But I’ll take some profits first to ease my mind.
Started with a long position at 2310. I thought there would be resistance at 2290, but it went straight down to around 228. So, I picked up a second position at 228 and added a third at 2268, with a stop-loss set at 2250 that didn't get hit. Even though I'm currently in profit, I feel like ETH is really weak right now. When BTC was at 7.5, ETH could break 24, but now that BTC is at 80k, ETH has surprisingly dropped below 23. Personally, I think the current price of ETH makes institutions feel it's still too high, and they don't have the desire to scoop up any chips. If BTC rallies and drags ETH up for a bit, I definitely want to hold a short position on ETH.
Both resistance levels at 0.48 and 0.56 have been broken. If we can pump above 0.6 today, it feels like we could test the previous highs. This coin clearly has a strong whale behind it; let's see if the whale is willing to toss us a bone #SKYAI .
Ant's got a long position, 2310 for the main bag, 2290 for the second stack, and 2270 for the tail end. Calculating the ratio based on 235, the entry price will be at 2285, with a stop loss at 2250. If it pumps, I'll short again above 2380. Aiming to challenge 1000u to reach 10wu, currently holding 4000u.