Hi folks!
After seing the mad reaction of the tapering today (obviously people believe inflation will outrun interest rates and then make no negative impact on the economy along the way!),
I am going full T.A. (=MAD) and placing a long on DOT with my profits from my VIX trades.
It is important to say that I strongly believe in a massive crash in financial markets soon, so this is just a very short-sighted punt based on nothing but T.A.
T.A. picture is clear in dot: MFI turned green at the same time as we have a golden cross on the 1D in DOTUSDT.
My bet is 5x DOTUSDT perp futures at 26.6 with SL 24.9 and TP 45 (probably closing this or get liquidated before 45).
DYOR.
NFA.
I wish you all well!
After seing the mad reaction of the tapering today (obviously people believe inflation will outrun interest rates and then make no negative impact on the economy along the way!),
I am going full T.A. (=MAD) and placing a long on DOT with my profits from my VIX trades.
It is important to say that I strongly believe in a massive crash in financial markets soon, so this is just a very short-sighted punt based on nothing but T.A.
T.A. picture is clear in dot: MFI turned green at the same time as we have a golden cross on the 1D in DOTUSDT.
My bet is 5x DOTUSDT perp futures at 26.6 with SL 24.9 and TP 45 (probably closing this or get liquidated before 45).
DYOR.
NFA.
I wish you all well!