I was a bit late on this one, because I was convinced we would get a big wick into the 4k area.
But I might as well post this now.
It looks like consolidation before a move down. I mentioned it already on social media. Short term we will go up from here, but I don't expect a major move upwards.
When was the last time retail got to make money like this? I would expect a fast move up instead of a slow and steady one. But there has been a lack of USDT deposits to Finex, so I guess that could be a reason.
Thanks for viewing!
But I might as well post this now.
It looks like consolidation before a move down. I mentioned it already on social media. Short term we will go up from here, but I don't expect a major move upwards.
When was the last time retail got to make money like this? I would expect a fast move up instead of a slow and steady one. But there has been a lack of USDT deposits to Finex, so I guess that could be a reason.
Thanks for viewing!
Note
We will probably be up here for a bit because lots of people closed their positions and liquidity needs to build up.Trade active
I'm short from 3984.I don't think the move down will be anything more than a correction so will not be holding this.
Note
Finex received over 30 million USDT within the span of 2 days, causing the pump.Note
I got stopped out during the pump unfortunately. I didn't have time to view the market so didn't really reshort it.
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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.