Same rationale for both previous entries....Micro market cycle, 90% retracement, triangle wedge. Good entry here around 258-262. Claim your CLAMbo!
تعليق
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So this dip is due to the segwit2x news, and everyone wanting to increase their bitcoin position. Shit happens. Remember news/fundamentals will always trump T/A. Eventually Bitcoin will pull the alts back up with it. Regardless, I'll take an L on the entry. Still a good coin to add for speculation.
التعليقات
ronilou
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Thanks for explaining what happened.
a-vires
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inb4 Lambo
raffaelpereira
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Clam is hurting me so bad! Made a big entry in 27 because it was breaking out and then BTC pump dumped the alts. Frustrated for a few days or weeks until it breaks again. Thanks for the analysis.
MarkCanna
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@raffaelpereira, You can be patient. Small caps are unpredictable, but as with FLDC a fast move can come anytime. Unlikely fast move is to the downside.
NortoN91
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Hi! How do you see the current situation? Do you think it will rise this week or rather stays at current level?
MarkCanna
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@NortoN91, The last 12-18 hours, there was alt suppression due to Bitcoin segwit talk. Clams actually fared better than most. I'd be adding here.
NortoN91
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@canatrader, Thanks for the quick answer. Yes, Clams held its price quite well, but is a bit sluggish upwards.