denario

DASH pump exhausted, waiting for correction

Kort
denario Uppdaterad   
POLONIEX:DASHBTC   Dash / Bitcoin
DASHBTC has demonstrated significant growth over past days. This currency looks very promising but it is overbought now. Today price was close to its ATH and was immediately rejected back. Pump volume is huge, when correction will be started it will trigger many stop losses and price will go down pretty fast. Let's wait for confirmation and enjoy the short.
Kommentera:
Poloniex lending rates are about 1.4 %... That's high. So many traders are already going short
Kommentera:
Heads up, reversal is pretty close
Kommentera:
Daily candle has made a great star with long tails, let's wait price to close bellow the star and short
Kommentera:
Today's pump was done with very little volume. Volume growth happened with correction start. Think that was manipulation
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