What happened to Cyber why the rise even as bitcoin dumps
Cyber is now driving people to buy at a high price
The token went public at $18, then dumped to $3.5.
The market maker bought back all the coins that people sold out considering the public sale price of 1.8 and the circulating volume of 11 million coins it is very easy to buy back and have control over the coin.
For me the peak is still 9.7 but they made a psychological maneuver by raising the price above $10 to get people to buy in
I'm expecting a 50% candle shadow overlap and then a dump.
The overlap will be around 11.30-11.70 which will end this rise.
Cyber is now driving people to buy at a high price
The token went public at $18, then dumped to $3.5.
The market maker bought back all the coins that people sold out considering the public sale price of 1.8 and the circulating volume of 11 million coins it is very easy to buy back and have control over the coin.
For me the peak is still 9.7 but they made a psychological maneuver by raising the price above $10 to get people to buy in
I'm expecting a 50% candle shadow overlap and then a dump.
The overlap will be around 11.30-11.70 which will end this rise.