To Buy or Not to Buy

6月8日

there are illiterates on trading view scamming people into buying this chart. if you want to buy, go ahead and buy, but at least be a little reasonable before doing it. price just closed before a very important support, usually in these cases price goes back to the black trendline and turns into resistance and price drops again. it is only reasonable to buy if price closes above the black trendline, retests the trendline and turns into support and form some type of a reversal pattern. there is no reversal pattern and we just lost an important support to the bears. if you're holding, then you will hold even if price goes back to 7 cents, but if you're out of the game and trying to get in or buy back just make sure the scammers on tradingview do not convince you into buying a losing chart. wait for a confirmation before buying. make sure price movement is strong enough to break above resistance levels and holds the support levels. since price reached 19 cents last year price has been weak enough to lose to a lot of resistance levels and has lost many support levels along the way. do yourself a favor and do not jump into the market because some low iq scammer told you to jump in. jump when you are ready.