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.
Too early for TA... The coin is too young.. Sorry.
Idiot trader as you call him sounds like he is blocking you from getting some cheaper coins... I forecast the longer you leave it the more you will need to pay..
But nice veiled try to talk the price down
There's a reason why people like you consistently lose money and people like me consistently make money, it's called emotional attachment.
Unless there is any news that's exactly how this is going to play out.