#SMILEAI


It is not all so straightforward yet. There has been a liquidity grab from the historical minimum; if we close above 0.000000000732 on the 4H or 1D, then this is quite an optimistic event.
Considering that the token's market capitalization is very low, the price can be quickly and sharply driven up to close the position taken at the price lows.
Overall, I consider this as a long-term accumulation, with the final AMD model.
Plus, the dominance of BTC is growing, which means all liquidity is flowing from altcoins into BTC.
The alternative scenario is that we go further and update the lows.
BTC0,44%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
Zekzigzagvip
· 05-02 17:26
Bull Run 🐂
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)