Trade Analysis #14:
$1000SATS rise over 45% at last 24H, is it a Good time to chase High now?
Actually it's just the similar case like $NOT (refer my Trade Analysis #13) .
1D Bollinger band is not supporting this rise and Overall market sentiment is still Bearish too.
Nevertheless, this is still a Good sign of Reversal.
Yet for Meme coins, it's never a good idea to Buy Low, as you never know how low it can goes!
If you love to buy $1000SATS , then it's better to:
1. Wait for the Overall market turn to Bullish first.
2. 1000SATS price breakout of 1D Upper Band (of Bollinger Band) with High Volume.
= Only Start to Enter (Chase the High).
Do note that:
Meme coins is not a good category to Buy Low, but it's the Best category to Chase the High!
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