I have noticed that my 55K LEO stash is now worth slightly $3K.
It was slightly over $2K a while ago, I recall.
But when I check the candlesticks, there is clearly a uptick sometime on 8 Nov 2023. That must be when the value of LEO went up.
When I check the buy and sell order situation, I noticed the following.
The green side are the buy orders, the red side are the sell orders.
More green than red.
That means not many are willing to sell LEO.
Suppose if some day the demands for LEO shot up due to any reasons, it wouldn't take long to clear the sell wall. In so doing, the price of LEO could rocket to almost double.
I see this as a buy signal for LEO.
What about you?
What is the Brief Random Posts about?
Disclaimer: This is not financial advice, and you should always do your own due diligence before investing!
