Hello traders,
Today I keep seeing fake news all over the Binance feeds, twitter etc. These comments & news can be false. Do not forget when somebody is selling someone else has to buy it otherwise sale wouldn't be possible! New buyers entering at very very discounted prices and they will expect to make some profit. When we look at the daily volume it is about 250 million usd and market cap (overall value of this coin is about 140mil usd) So the volume exceed the total value almost by twice as much and plus yesterday BTC crashed by $3000 on top and yet support level protected. So Only thing left for scammers is to scare you so they can take your coins cheaper. As we seen today they are blaming Koreans for the scheme. This is very incorrect information. Everybody panic sold last few days. When we see red candles our brain tricks us and we sell. We are humans and we make a lot of mistakes. When you read information on the net please use your common sense. So many fake news fud out there. If this newly found support level holds we should see $4 levels sooner than later! This is very very high probably at this point! Charts never lies and they have a nice way of telling the stories!