Is it finally time to catch the falling knife or are we just getting started?


$HOLO ‌ is looking pretty heavy right now at 0.0588. We just saw an 8% dip today and it’s clearly struggling to find its footing after that recent rejection near the 0.0730 level.
If you look at the daily candles, we’re sitting right on a minor support zone, but there’s zero buy pressure showing up in the volume. Most of the orders in the book are leaning towards the sell side.
If we don't hold 0.0580, the next stop looks like 0.0550 or lower. I’m staying patient on this one. No point in rushing a trade when the trend is clearly pointing down.

#FebNonfarmPayrollsUnexpectedlyFall
HOLO1,07%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin