MOVE / TetherUSShort
MOVEUSDT - example of manipulation before the fall
MOVEUSDT is not feeling so good after listing. While bitcoin can't break through strong resistance, MOVE is facing manipulation and position accumulation by a large player before strong selling.
The growth attempts marked on the chart are false attempts, the essence of which is to deceive speculators and at their expense to accumulate a large position before possible strong sales
Scenario: the price is spinning around 0.600 for quite a long time - the third retest. Less time passes between the second and the third than after the first and the second, which generally indicates the market's intentions.
The price is approaching smoothly, with the character of consolidation, which only increases the chances of the support breakdown, because every hour the seller is creeping closer and closer to the level
Idea: retest of 0.60 support, breakdown and further fall. Strong impulse is possible. Target 0.5 - 0.4
The growth attempts marked on the chart are false attempts, the essence of which is to deceive speculators and at their expense to accumulate a large position before possible strong sales
Scenario: the price is spinning around 0.600 for quite a long time - the third retest. Less time passes between the second and the third than after the first and the second, which generally indicates the market's intentions.
The price is approaching smoothly, with the character of consolidation, which only increases the chances of the support breakdown, because every hour the seller is creeping closer and closer to the level
Idea: retest of 0.60 support, breakdown and further fall. Strong impulse is possible. Target 0.5 - 0.4
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