can't he just replace with a cheaper offer?
Yeah that'd be the obvious thing to do. TBH the Finex interface when managing loans is confusing so that gives you an idea of who is shorting: noobs.
So, assuming we just had a double bottom of around ~$215ish; could we hit that resistance level again for a triple bottom? Is that realistic at all? I just can't see us breaking out above $260 until the bit-license stuff comes out. Even if we start getting momentum; I think marketmakers could just use the new licensing standards to either push price down or push it up depending their own personal timeline concerning market manipulation. Have I just had my hopes of a new trend crushed to many time? I'm thinking $350 ~ July? W/ lots of stuff having been onramped by then (gemini,winki,etc,etc...)? But for now I just see sideways until June at least and just staying between 200-300 channel trend. Thoughts?
EW guys are calling a top at $260 then a retest of range lows. Watch us blow past it just to prove them wrong. We might get a pullback there (profit taking, new shorts) but if we stabilize and go above they'll revise their counts.
If you have a short open you should have closed $10 ago. Hoping the market comes back to you is not a strategy, it is gambling.
.... am I the only one whose mind is boggled by their ability to ignore what they said two days ago and still claim that what they are doing makes sense? It's like a populist party. Of course they were right all along. They have called every possible movement there is.