#DecemberMarketOutlook Recently, I have been keeping an eye on the PIPPIN coin, and the weekly chart is truly pleasing to the eye.
You said this thing has already gone up a full 10 times, right? Yet the price is still as steady as a rock, barely even giving you a pullback. To be honest, this kind of trend is rare—usually when altcoins pump three to five times, they start getting all kinds of needle spikes to shake out weak hands, but this one has held up against all selling pressure. From a technical perspective, the weekly level is clearly brewing a breakthrough. This kind of explosive surge after consolidation is often the most intense because the chips have already been thoroughly washed out. At this position, I really dare not touch a short position; isn't that just asking for death? The strategy is simple: go long with the trend. When it really breaks out with volume, it could be another main surge. Of course, risk control still needs to be done, but I don't think there's much reason to hesitate on the direction.
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#DecemberMarketOutlook Recently, I have been keeping an eye on the PIPPIN coin, and the weekly chart is truly pleasing to the eye.
You said this thing has already gone up a full 10 times, right? Yet the price is still as steady as a rock, barely even giving you a pullback. To be honest, this kind of trend is rare—usually when altcoins pump three to five times, they start getting all kinds of needle spikes to shake out weak hands, but this one has held up against all selling pressure.
From a technical perspective, the weekly level is clearly brewing a breakthrough. This kind of explosive surge after consolidation is often the most intense because the chips have already been thoroughly washed out. At this position, I really dare not touch a short position; isn't that just asking for death?
The strategy is simple: go long with the trend. When it really breaks out with volume, it could be another main surge. Of course, risk control still needs to be done, but I don't think there's much reason to hesitate on the direction.