Main reason for this extreme pump is FOMO
Now the price is extremely overbought on rsi both on weekly and daily - very bearish
We saw what a overbought signal on weekly did to the crypto market
Massive retest is possible therefore I am short for the meantime until the market cools down
So,
targets 7.6, 7.5, 7.4, 6
entry 7.8
sl 8.2
leverage x5-10
Now the price is extremely overbought on rsi both on weekly and daily - very bearish
We saw what a overbought signal on weekly did to the crypto market
Massive retest is possible therefore I am short for the meantime until the market cools down
So,
targets 7.6, 7.5, 7.4, 6
entry 7.8
sl 8.2
leverage x5-10
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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.