Post by
Cryptodude on Apr 14, 2021 11:38am
Long term bullish but short term needs consolidation
Great tech and overall bullish but short term way too extended. I see 1.80/1.20/.60 as the major support/demand zones. Drop to 1.80 would be a major sentiment shift so I hope it builds a base somewhere higher instead of just going vertical.
Comment by
Durigan on Apr 14, 2021 11:56am
Out of curiosity, how did you determine the 1.80 support zone for BIGG?
Comment by
Durigan on Apr 14, 2021 12:04pm
Sorry I should have been more specific. Are you basing that on the moving average bands, or something more involved?
Comment by
Cryptodude on Apr 15, 2021 3:02pm
View the volume profile and you will see your damand and supply zones.
Comment by
Griz_Online on Apr 14, 2021 2:40pm
This definately was a blowoff top, lots of hype from the coinbase IPO drove the excitement, Canada has lots of little exchanges and this is one of the smaller ones. Would like to see financials before buying this dip. This AM the market cap was a billion dollars.
Comment by
Durigan on Apr 14, 2021 2:44pm
Same. I too am very curious about the next set of financials.