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Bears are stronger than you think. And this is overbought.

Elysian_Mind tarafından
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The dark side is still strong in this one.
Lower lows do not show exhaustion.
The upside is overbought.
This price ($40000) could be a good place to open your shorts.
We already short.
Not
We think this idea is still valid.
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We expect the price to go lower than this ($38000).
So, we hold our positions.
FYI, you can move your Stop Loss to entry for a safe ride.
We moved it a bit higher than that because we feel very Bearish.
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For continuation, see "RELATED IDEAS": "Bulls are boring. Bears run the show."
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