RE: Makes you wonder6 Nov 2018 08:53
What an infantile and petty comment from this board's resident muppet. Please see the link below for a technical reason as to this drop.
1) Price action consolidated into a rising wedge with a break downward. This is entirely expected on a technical rise with no news, and does not constitute a 'pump & dump' in any way, shape or form. The reason for this is that buying pressure waned during the period, resulting in a sharp selloff when the price dropped below the boundaries of the wedge. This has created a gap down this morning between 1.00 & 1.05, which means clear passage through these levels on any future rise.
2) After a sudden rise, a retracement is common. I have marked on the below link common reversal areas (38.2%, 50% and 61.8%) where we should see a bounce. Keep in mind that, with the gap above, the price only needs to tick up slightly to push back through to the 1.05 levels seen at yesterday's close.
As a side note, to claim a 'pump & dump' against other members because of some personal vendetta against those who you claim to have wronged you is misleading to traders and investors alike. I would say grow up, but with your posting history I doubt this is something that will be achieved until your pot is at 0 and you learn to never breathe another word of your loss.
https://twitter.com/OllyRogersECACA/status/1059729065345798144