$EDGE Short the market! The tokens for the trading competition have been issued—total supply is 20 million. This amount is very large and can definitely smash the market a lot. And this coin right now is exactly the typical pattern of “can’t go up and then will crash”! The 4-hour moving average is pressing down hard, the MACD just crossed into a dead cross and produced a green histogram, the trading volume has shrunk to almost nothing, and the buy-side pressure is completely out of steam! All the previous swing highs are major resistance—there’s no way it can break through! It doesn’t even have much in the way of fundamentals to support it; it’s purely trading based on sentiment. Now the bulls are running away and those who got trapped are getting trapped, while the bears’ opportunities are basically fully set up—just waiting for the dump!


Market short, take profit seen at 0.86#Gate广场四月发帖挑战
EDGE2,14%
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