🐻 Bearish Crackers broke Bulls' Channel - We bet on 2nd wave
Active since 14 June, See "RELATED IDEAS"
Leverage: x10
Entry: $40 000
Stop Loss: Daily close above 41000 + 6 hours above it
Target: $30 000
The ping pong in the upward channel trapped overleveraged Bulls.
Bears cracked the channel with a single wave and huge volume.
This and RSI give support to Bearish momentum.
We expect a 2nd Bearish wave at least off trapped Bulls' liquidations.
Put a trailing profit if you feel weak and enjoy your +130% profit.
Our hands are red diamonds.