Re Cinni, its just not a popular coin, it does have very swift transactions though and I do rate it, I just think there is no room for it...
The price is being kept artificially high by the 40k order @ 0.002, the market needs to correct and it can't. As soon as that order disappears we'll be back below 0.002 within minutes
Alternatively we are about to breakout, which I think is much more likely, I think the price is artificially low... Lets see who is correct.
Nope. The TA above is correct. We need to go down first before we can come back up again and attempt a breakout. This could last a few days.
The sooner idiot trader number 1 with his 40k order gets removed the sooner we can continue on with our downtrend, and the sooner we can reverse after that downtrend and attempt a breakout. Seriously. That order is reason the volume is so low. Everybody has their finger on the sell button but while that huge order is still on there's no point.
Trust me on this. It's kind of my job.
Ps: just for appeasement. I do think we'll reach 0.01 by mid July at the very latest, barring any technical fuckups.
This guy talks sense
This guy talk sense for people who wants to bring the price down to get more coins from scared selling noobs....as he stated himself that is kind of his job.. in mid july this coin will be 0.05 to 0.1 now get your coins or cry later