Still Short YFI Short

YFI / TetherUSBinance

Description

⋅ Oct 4, 2020 3:16 PM

Closed 25% of my short position.

It would have been nice to see some divergence with the RSI and since it is not I am waiting till $15374 to close another 25%

I will then determine further action. I still see $12000 as a strong possibility.

Still not oversold on the day chart.

Have fun trading!

This is not financial advice.

Comments

Schwarzk

⋅ Oct 5, 2020 1:36 AM

still short now?

it did break 20k

DoYouMine

⋅ Oct 5, 2020 2:47 AM

@Schwarzk, I am, yes. I was expecting the chance of a tap at 20k before heading back down. Let's see if it can breach that 20k level. I wouldn't be surprised if it tapped the $20800 - $20700 and still turn back downward. Should be an exciting week ahead.

Schwarzk

⋅ Oct 5, 2020 2:55 AM

@DoYouMine, ok mate

lumtal

⋅ Oct 4, 2020 7:51 PM

At what exchanges can you short this coin? Thank you

DoYouMine

⋅ Oct 4, 2020 10:07 PM

@lumtal, Binance