Not convinced we don't hit 47k+ again instead of dropping
Updated
Very unsual price action, really strong resistance that should've been nuked by now but hasn't. Daily looks terrible but this gives my 30k break out vibes.
I'm hedged with a leveraged short, to counter-weight my spot position, but will remove quickly if we break the trend line and move up.
30% chance.
I'm hedged with a leveraged short, to counter-weight my spot position, but will remove quickly if we break the trend line and move up.
30% chance.
Note
didnt nail the levels but idea was correct. got my short out at breakeven. not going to fade this - not standard price action...someone is trying to liquidate our way to 48k+
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