QUOTE(vknight @ May 28 2017, 09:41 PM)
What is the possibility price moving to the 1500 range?
no idea man.
prices are all in levels.
once broken, the buyers will cut their loss and buy at the next possible "low" area
as of now 1,800 is super high big boss buying there, everyone thinks that it's a discount to buy at that price
so everybody will camp there.
BUT once that layer breaks, most ppl like me will try to cut loss and buy at the next lowest point where buyers concentrate again. (around 1,400-1,500)
so it's layers with layers, even if it holds today, doesnt mean it will hold tomorrow. always remember dont ASSUME.
thing is 1,500 level is just like 3months price back then, it broke out without testing which is very dangerous.
and 1,800 to 1,500 level is just around 16%, well within the normal range.
This post has been edited by AllnGap: May 28 2017, 09:57 PM