the usual "second leg" is always based on bollinger, if it passes through the mid line it's a good coin, if it hits the top and starts retracing community is strong but needs to be stronger, if it bounces on middle line then that's where you bet, never buy at the top
then you can trace your usual lines showing the floor, if it goes below it's dead.
that one is more accurate
basic shit, so even if you don't know bout bollinger you see it's pretty close to the middle average anyway
bad traders usually sell if it goes below the line, good ones buy back at bollinger mid average
that drawing arbitrary lines culture and selling when it's under is one of the main reasons why some coins never survive, most folks have no clue what they are doing or what they mean or if there are other indicators
ok cool, i bought it so want it to fly
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