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Yeah, I don’t see it at all. I mostly use different types of price action analysis, but not FVG.
You say “this is is where the whales come in.”
Pretty much the entire supply is controlled by team, and large and small retail traders.
There is nothing right now that a whale sitting on the outside looking in can do to impact the price other than to move the price up by buying. Why? Because as I said, there is no vehicle to short. No perps dex, no lending platform. If a whale wants to play games with Bracky, they must buy it first, they cannot borrow it.
As for what you’re call ing a “retail trend line” it’s holding due to obvious demand levels. I know in leveraged markets, whales will hunt these lines for liquidity. Again, that’s not possible here for any new players. I’d be shocked if this was to lose any more than the purple support line, and it would only lose that by a wick IMO.
Chart is not scary, it bullish AF, but not nearly as bullish as the fundamentals. 1 reply
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