NeoButane

1 YFI = 1 BTC

Short
NeoButane Updated   
BINANCE:YFIUSDT   YFI / TetherUS
It does not make sense for YFI to be worth more than bitcoin. It has also recently gained a fiat off-ramp at Gemini.

Weekly close may provide as support, I think the price where it first crossed over bitcoin makes sense as reversal if it doesn't completely die.

Comment:
LTF update, turning up from short covering
Comment:
Comment:
Entering short here. The real 'gap' (when CME closes) is priced at 20675 lol
back to sleep
Comment:
More to come. I got chopped up trying to get the top on this

Comment:
Some relief after carnage may be likely if this volume zone is broken through. It should, bears want to refill, speculative longs want to catch a knife
Trade closed manually:
Closing the perfect short before it really started running...
Comment:
Local bottom, think it's deviated too far from the price of everything in the mkt, still believe in at least 11k

My published indicators: www.tradingview.com/u/NeoButane/

Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.