If I were a whale, here's what I'd do...
- Lots of smaller players have stuffed their bags in anticipation of the SPARK airdrop.
- Most trading volume of the past 10 days happened in the $0.55-$0.62 zone
- It only seems logical to take them down 20-30% and have the weak hands pee their pants, then pick up the cheap coins and then do another leg up all the way till $0.94-$1.20, forcing newcomers to FOMO in.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.