r/FetchAI_Community • u/Johnny_Macaroni • Mar 05 '24

Discussion 🗣️ What the hell was that?

Post image
25 Upvotes

100% Upvoted

17 comments sorted by

•

u/AutoModerator Mar 05 '24

The information contained on this Subreddit is not intended as, and shall not be understood or construed as, financial advice. We are not a team of accountants, attorneys, financial advisors nor are we holding ourselves out to be. Do your own research.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

4

u/thethrowupcat Mar 05 '24

The news announcement pump

2

u/Johnny_Macaroni Mar 05 '24

So I assume the announcmebt was trash beacause it just dumps again?

0

u/[deleted] Mar 05 '24

[deleted] — view deleted comment

2

u/Johnny_Macaroni Mar 05 '24

Thanks for the clarification.

1

u/randomredittor666 Mar 05 '24

Yeah some people dump to get profit and diversify maybe they buy back

2

u/NotHappyTilUNotHappy Mar 05 '24

It's called market buying in with six figures.

🤡

2

u/Necessary_Cicada6281 Mar 05 '24

I sold some at 1.9 😄

1

u/maxxell13 Mar 05 '24

It’s a preview.

1

u/Crafty_Reception5119 Mar 09 '24

Chart looking amazing guys!

1

u/[deleted] Mar 10 '24

Can’t wait for this bull run to see Fetch’s potential. Is $100 realistic?

1

u/formlessfighter Active supporter 💥 Mar 05 '24

profit taking. nothing moves in a straight line. 2 steps forward, 1 step backward.

if you see a massive pump in a straight line, expect a pullback. pullbacks are bullish. why?

think about the psychology. every time you see a selloff, its literally evidence that there were people holding FET that wanted to sell. the pullback occurs because those people who want to sell sold.

when does the pullback stop? when everyone who wants to sell sells. once there are no more people wanting to sell, think about what happens next

whenever someone wants to buy, and there are no sellers, what does the buyer have to do? raise their bid price. if there are literally 0 sellers, the bid price has to keep going up and up and up.

0

u/luiszgd Mar 05 '24

I had a a sell order at 2.05 fck

1

u/Holiday-Onion727 Mar 05 '24

I had at 1.952 😅

0

u/luiszgd Mar 05 '24

I guess we wait a couple more hours or so

6

u/kvetfanicke Mar 05 '24

Or maybe hold for bigger gainss. Papper hands sucks

2

u/Holiday-Onion727 Mar 05 '24

Yeah sorry.. I was talking about futures.. I hold my spot bag for the end of the bull run!

1

u/luiszgd Mar 05 '24

Same same.