SATS Ordinals price is trying to rise, but for how long?After six months of a stable downward trend, the price of #SATS (#Ordinals) began to rise on increased trading volumes.
😱 Of course, six months to a year ago, holders were promised “golden mountains”, but in fact, after being "put in longs", there was almost a 10-fold depreciation of the asset.
🆗In the range of $0.00000045-0.00000060, there will be strong sales from those who want to get out of the drawdown at least to “zero”, this is how human psychology works.
And if you want to try your luck and trade OKX:SATSUSDT , then buying earlier than in the range of $0.00000017-0.00000022 can be harmful to your health and deposit) 🍿
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Satsusdt
SATS THE BREAK LINE SEEMS NOT FARThank you for reading this update.
SATS showing great volume movement.
The break line can be an important extra volume that can support the trend to new levels.
Sats show the daily volume interesting trend.
There is a good chance that SATS can target the yellow break line with a new break volume.
SATS Risky longI am trying a risky long on SATS. It has broken down major supports, and it looks oversold on higher timeframe. Level is also supported by a -0.618 fibo level from previous peak at top. There are some divergence on H1 and M15 tf, that is a bullish sign. If BTC can continue to pump, i expect SATS to follow
BTC Ascending Channel & fibonacci PRZ`sTake care of your bitcoins, take care of your self 😉
From the indicator (RSI) , it seems that in order to increase the price and continue the upward trend, we need to have a deeper correction.
But the priceaction conditions in the chart seem appropriate
However, be sure to do not neglect risk management and capital management
Be profitable 😎
BINANCE:BTCUSDT