Rich quick warning! NAVX dealer's dead signal analysis
#NAVX The calm before the storm! NAVX's five-minute line fluctuation is only 0.00016, while the dog dealer is pretending to sleep to deceive chips. Remember three things:
1. The Bollinger Bands (BOLL) have shrunk to a single line, with the upper and lower bands squeezed to 0.09754. Focus on the resistance level at 0.0975; if it breaks through with volume, it may surge. If it falls below the mid-support at 0.0959, be cautious of a spike.
2. The BBI indicator is currently at 0.09594, with the price barely standing above. But look at the dense support at the 0.095 level below, like several layers of safety cushions stacked. Remember the mantra: the price rides the line, the bulls and bears are at a standoff, so don’t rush to take sides.
3. The trading volume hides tricks: the current bar is 1.5K short, but the estimated total for the day can reach 14K, indicating the dog dealer may be holding back a big move. Remember the volume mantra: follow the breakout when there is increased volume, don’t get in during low volume oscillations; right now, it's more suitable to grab a small stool and watch the show.
Recently, the cryptocurrency market has been turbulent, and these sideways coins are the easiest targets for midnight sneak attacks. Set up alerts, don’t use high leverage when sleeping, and be careful of being pierced by the "Heaven and Earth Needle." Remember, staying alive is key to enjoying the bull market!
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