Mock Up Price Action for BONKUSDT / 1000BONKUSDT.P | Near Term (30MIN) - Watching and waiting for opportunity to enter short - Adjusted my short entry price much higher - It's foolish to chase, not taking any chances with this one - If it hits, awesome, high profit potential, lower risk - If it doesn't hit, awesome, no profit, no risk - The market will provide more opportunities
NOTE: I'm more pessimistic and cautious than most. I know it's unpopular to be screaming short, when everything is long and the market is bullish. But to me... Nothing goes up for 2-3 months this high, this hard, this fast, without a measured swing in the other direction. The ONLY project besides my long term holdings that I am investing in right now are those hidden gems undervalued ones that haven't had their turn yet. My overwhelmingly top pick being, CSPRUSDT by a mile. Of which I've been heavily accumulating over the past 6 months and I believe it is due a nice run impending. As this recovery cycle money flows from BTC to then ETH to then Large/Mid Cap Alts before finally Small/Micro Cap Alts.. Timing wise, CSPR is due.
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INVERSE OF BONK
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My Short Trade Setup is Inspired by these little fun moments
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Still got some left in the time fib
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Welp, SOL decided to wake up. Figure its just a matter of time if SOL stays bullish in short term, before this one makes a final move.
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Adjusted price points higher. Waiting for that super bullish pump marked by multi HTF RSI values >99.5.