RE: Not going to panic12 Dec 2023 19:30
No use blaming MMs or AA news. It’s just in a range, testing supply and resistance until fakeout or breakout.
Ask yourself what happens:
Bad news it slams down. How long to recovery?
Good news -
a) rockets to the moon,
b) sell the news then rise later
c) not much, then moves up
d) goes up, backtest previous resistance then up
My point is: people don’t like binary bets, in most cases you better off waiting till after the event.
Hope it Moons, but b c or d more likely imo.