This has historically been a big resistance level. and the overbought conditions feel very similar. this is a ballsy move shorting something pumping this hard, but if there was a level to wait for - this would be it.
RSI conditions similar to August 2017, when a following 40% drop occurred from these levels. I cant imagine this continuing to pump on the daily, until we see a decent pull back at least, but anything could happen when FOMO is this present, so small risk, and tight stops would be advised.
Stop above $100
Best of luck, hit thumbs up
RSI conditions similar to August 2017, when a following 40% drop occurred from these levels. I cant imagine this continuing to pump on the daily, until we see a decent pull back at least, but anything could happen when FOMO is this present, so small risk, and tight stops would be advised.
Stop above $100
Best of luck, hit thumbs up