3 overbought coins we can short now #power #AIN #AKE
$POWER : pumped to 0.208 and now rejecting. RSI 72. Can dump to 0.165/0.154. Short setup for me.
$AIN : up 51% but RSI 99. That's extreme. Late buyers are trapped. It can come to 0.154/0.136.
$AKE : up 79% today and RSI 98. Same story. When it starts dumping it will be nasty.
All three are extremely overbought. I'm shorting each with DCA.
Plan: First TP at 10%. Second TP at 20%. SL at 10%. Simple.
anyway manage your risk and positions.... best of luck.
#CryptoDropbit
$POWER : pumped to 0.208 and now rejecting. RSI 72. Can dump to 0.165/0.154. Short setup for me.
$AIN : up 51% but RSI 99. That's extreme. Late buyers are trapped. It can come to 0.154/0.136.
$AKE : up 79% today and RSI 98. Same story. When it starts dumping it will be nasty.
All three are extremely overbought. I'm shorting each with DCA.
Plan: First TP at 10%. Second TP at 20%. SL at 10%. Simple.
anyway manage your risk and positions.... best of luck.
#CryptoDropbit
