CYBER climbed from 0.253 to 0.342 within 24 hours, then crashed back to 0.303. Do you think this is the top, or just halfway up?
$CYBER I'm bearish on the contract. This rally gained 35% from the low, but it couldn't hold the high and started giving back its gains. It's now given back nearly half of them, while trading volume rose to $6.4 million—people who bought at the top are exiting.
Take profit at 0.253, today's low. If it falls back there, this rally is over. Set the stop-loss at 0.342; if it gets back above that level, I'll admit I was wrong.
Do you still hold CYBER? At this point, are you waiting for another sell-off, or do you think 0.30 will hold?
$CYBER I'm bearish on the contract. This rally gained 35% from the low, but it couldn't hold the high and started giving back its gains. It's now given back nearly half of them, while trading volume rose to $6.4 million—people who bought at the top are exiting.
Take profit at 0.253, today's low. If it falls back there, this rally is over. Set the stop-loss at 0.342; if it gets back above that level, I'll admit I was wrong.
Do you still hold CYBER? At this point, are you waiting for another sell-off, or do you think 0.30 will hold?