People know the difference between a ramp and reasonable thinking. The difference is the facts behind the comment. Stuff like "This will hit 40c next week" as an example, are meaningless.
Re my charting Katana, I think charting is rubbish personally, lines made to fit whatever happened yesterday.
The thing is though, a lot of traders use charting. So you need to consider it in your own plans. Rubbish or not, at 23c there will be more people than usual who will sell, again at 27c, but the big question mark is 33c to 35c, where there are likely to be some big holders waiting to recover their loss and move on.
I dont think you and I are saying anything different.
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Mkt cap ! $3.092M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 11271006 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 8576115 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 11271006 | 0.003 |
25 | 30070499 | 0.002 |
16 | 47000203 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 8576115 | 14 |
0.005 | 4524262 | 5 |
0.006 | 5223351 | 3 |
0.007 | 3621856 | 6 |
0.008 | 1550000 | 3 |
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