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Raul_Dominguez
Aug 5, 2022 7:07 PM

Double Top on OPUSDT Short

OP / TetherUSBinance

Description

BINANCE:OPUSDT

OPUSDT seems to have made a double top 2 days ago on the daily chart, it made two consecutive Shooting Star Reversal Patterns. There is negative divergence on the RSI indicator.

Could make a good short here with stop above $2.28 USDT.

Not a recommendation.

Good Luck to You.

Trade active

Trade closed manually

In closing it with a small profit of about 16%.

I just have too many short positions and the Bulls, at least in the S&P 500 Indices, are still strong.

It could probably keep going. Good luck to those who stay. And...

Good Luck to You
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