Check my point 6 in this article. Is it touching the lower and middle bands repeatedly? Generally, it will return to the upper band after two to three times, unless there is extreme negative news.
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Ozzhdh
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Insights on High Market Cap Low-Cap Coin Analysis
I would like to share some insights from my own experience watching low-cap coins. Taking OPK as an example. Open the 4-hour Bollinger Bands.
1. Observe that before the large bullish candle at 0.0519, it was consistently sticking to the upper yellow band. At this point, it is a time to hold firmly without swinging positions; hold steadily and don’t rush to sell. 2. If you must sell, sell at this large bullish candle at 0.0519, which is far from the upper band and shows huge volume, indicating a high probability of a pullback. But do not sell everything, because there may be several such large bullish candles. If the market is strong enough, the next large bullish candle may have even greater volume, and selling everything may leave you empty-handed. (How to determine this in advance is what I call a 50M market cap, combined with this, it is highly probable you can sell near the highest point.)
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