The levels i'm watching - if you want to replicate, put your chart on log scale and choose WoO/BTC pair. The levels correspond to WOO outpacing BTC - so level 1 is a 100% or 1x etc.
At ground zero: i'm accumulating - drop to 10c still possible but bottom might in, below 15c is a steal.
Gameplan:
My guestimate : Marketmakers will propel it rapidly to level 2 when BTC takes off above 70K. See the volume levels spiking historically where this happens earlier on the chart.
Such a moves will be generating extra publicity for the WOO trading platform.
From there it will oscillate between level 2 (bottom protected by the marketmakers, unless there is too much leveraged longs below) and 4 (top - same story but for shorts).
A bag of WOO generates yield and a gives you a cut on the already low commission. Liquidity is high so slippage is minimal.
The levels are largely corresponding with the fibonacci retracement from initial top to the recent bottom.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.