Historically but not always coins open strong... like 2x 3x 4x 5x... or there is a pump shortly after ico... then there is a deep sell off quite quickly... after all the panic selling there is buying again and it goes back up...
never buy into the hype after listing...
Always sell on the hype after listing...
And re-enter much cheaper after the sell off....
Just go through the icos on coinmarketcap there is a link in the tab ummm... trending... then recently added... all recent icos have been getting destroyed and hadn't necessarily followed these traits but bluzelle did 6 fold and wanchain did 13 fold on open two sezy icos...you can also look at the long term charts... of coins to get an idea...
All the best be in touch
