#BIO# will definitely knock out the shorting wave at 0.26. Bearish traders will panic and stop loss before it drops. Now, to short, you need to increase the Margin to 0.3 to stay safe. Of course, many short positions are likely operating this way as well, so the market maker will continue to try to push it up. Bullish traders shouldn't get carried away. At this stage, it's a double kill for both long and short. Those holding chips at low positions shouldn't panic. There is a possibility of catching a falling knife anytime now. The safest bet is to play this coin. You can short when it drops to 0.2 or bet on a Rebound.
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#BIO# will definitely knock out the shorting wave at 0.26. Bearish traders will panic and stop loss before it drops. Now, to short, you need to increase the Margin to 0.3 to stay safe. Of course, many short positions are likely operating this way as well, so the market maker will continue to try to push it up. Bullish traders shouldn't get carried away. At this stage, it's a double kill for both long and short. Those holding chips at low positions shouldn't panic. There is a possibility of catching a falling knife anytime now. The safest bet is to play this coin. You can short when it drops to 0.2 or bet on a Rebound.