Playing this range well so far.. short a bit below 64k again before the inevitable breakdown/moon.
Long a company destined to die, from here to $3.60ish , 10-12 month plan, why? Lifelong support, and in anticipation of the next generation of consoles. One more pump then bust.
To clarify, long time frame bullish, holding vast majority spot and low leveraged longs sub 6k average, hopefully for a very long time! Consecutive lower highs, declining volume, simple.
This is when i plan to fully close my short from 13k, followed by a dream meme line
I am short on the potential fractal in play. Also watching horizontal lines and this rather massive green triangle..
Potential fractal play, horizontals and a really big triangle..
Waiting for one more push before I look for another short. Note potential fractal and horizontal resistance, not convinced we have seen a trend reversal yet.
Updated with previous play and new position
Wouldn't normally go 25x short.. but when the liquidation price is above these nasty resistance levels..