THIS IS HOW WE ANTICIPATED #RARE'S SELLOFF KEY LEVELS
If you're one of the traders who have entered a buy position closest to these key levels for RARE, then, you're in for a ride.
Here's why.
As RARE have made a shocking price surge that destroyed everyone's expectations, you might be one of those who thought that this token would be forever experiencing a blissful feeling of rally. Albeit, this is not totally the case, as you too, might have already realized that this is just fleeting. Right now, after the price got rejected at one of its major resistances this gives the feeling of fear mostly for those who entered buy positions at this key levels: 0.23, 0.26 & 0.34. As a fellow trader who have the experience to back the statements I'm providing, this is what I can say, it's unwise to enter a long position at one of the major resistances as the tendency for a decline mostly happens at these key levels.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.