wow catcoin is falling.
I'm no expert market trader, but from my understanding there are "phases" that stock go through which follow a very common pattern, and it's common for the stock to rise, then dip, then rise a second time to a nuch higher level. So we're either still in the beginning of Stage One before an uptrend, or near the end of Stage Four before going back to Stage One.
Looking at some of the bids on coined up, there are these two sell walls;
0.00083 4141
0.00085 5050
Once those break down we should start hitting 0.0009, and maybe even the golden 0.001, which is where sellers will really start to become aggressive.
It's all just numbers though really. You can't judge these things on a daily basis. It was near 0.0009 earlier today. Now it's near 0.0007. That doesn't mean much in 24 hours.
