Lots of short term resistance in this 2930 area. Looks like we've been trying all night to get past it. Doesn't look like it will budge. Onto 450-460 next, then? What do you guys think?
But of course. Just another big dump followed by big walls at 470 and 470 will be the next resistance level. 470 will be very expensive so people are gonna want 420 coins. So the dumpers will take us there and put the resistance at 430.
But then we have a problem. Those 420 coins are suddenly very expensive. Why buy at 420 when you can buy at 370. Just a little more dumping will take us there. Aaaah those cheap coins at 370! But wait! Wtf? 370 is expensive as hell considering the resistance suddenly is at 380. Better dump those expensive coins and buy some cheap coins at 340!
I can already see all the people cheering here! Coins at 340!! How awesome will that be.
Too bad they will be expensive 10 mins later. But i know an easy solution! Just dump the shit out of the market and you can be the happy owner of some 260 coins! That would be a real party right! Better get started.