On the above 2-day chart price action has rallied 225% from the June lows. A number of reasons now exist to be short. They include:
1) Price action and RSI support breakouts.
2) Regular bearish divergence.
3) Past support confirms resistance.
4) The recent published ideas on tradingview.com. The herd are more bullish than a bull on steroids who has just returned from a restful 2-week vacation.
Is it possible price go up further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: You decide
Short entry: $17
Stop loss: Will say elsewhere
1) Price action and RSI support breakouts.
2) Regular bearish divergence.
3) Past support confirms resistance.
4) The recent published ideas on tradingview.com. The herd are more bullish than a bull on steroids who has just returned from a restful 2-week vacation.
Is it possible price go up further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: You decide
Short entry: $17
Stop loss: Will say elsewhere
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR