Are you unaware that this token is getting listed on Coinbase??? You don't anticipate any upward price action?
Good luck with your short.............
someone514
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@smythca1, price action is and will be reflected on the chart.
smythca1
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@AlexCh, I think there will be a much better short opportunity in the 12-24 hours preceding it trading live on Coinbase. You agree?
someone514
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@smythca1, I don't disagree, but I have no opinion on that. I don't trade/read the news. I only trade technicals and high R/R. Now I have multiple candles respecting the critical level formed by resistance trendline dating back to ATH in Jan, and medium term channel resistance, and fibonacci level of .382 of bear swing. There is a lot of technical reasons to enter this short. Should the price go against my trade, I will be protected by my SL. I will not be upset about it. The setup is good and I will take it.
jolllysworld
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@AlexCh, I sure hope youre right! I cant wait to buy a boat load of these just waiting on a better entry. I dont see it going down much though
Good luck with your short.............