Approximately 25% of the volume in the last couple of days has come in three 15 minute candles overwhelmingly as sell volume. Binance and Bitfinex showed a similar pattern to Coinbase, but not as extreme. Can anyone think of a reason for this much volume all one way, other than a way to fade the price on the cheap? If you wanted to keep the price down,...
Head and shoulders. The high peak was the result of news on new trade talks.
How would this look different if a Trade deal were imminent....
Insiders buying at at 20-1 proportion to insider sales. Insider sales had been common until about 6 months ago when they almost completely dried up.
Support broken and a multi Billion dollar fine from the FTC on the way. www.nytimes.com
Looks like lower, but some good volatility in store either way.
On Feb 4 someone forced FIT over the resistance at $6.30 on 3x normal volume. Since then the market has come down, while FIT has posted gains every day. In the morning they tend to let it go lower, presumably to throw momentum players off. This is a good time to get in. Last quarter FIT posted .04 EPS on an expected -.01. CEO suggested this quarter would be...