Bless has been forming high candles for the past two days. It hasn’t let anyone take the top spot on the gainers list.
It’s time to go short—momentum has dropped, the price has slowed down, and volume has fallen to very, very low levels compared to previous days. The coin is highly speculative, but this is a good area to try a short.
I don’t understand why the coin is holding at these levels.
Storj Labs the company behind the coin has filed for bankruptcy protection, but this situation could result in bankruptcy.
The coin’s price is currently at the 20m level; it could fall further, and if bankruptcy occurs, we could see a drop of as much as 90%. #STORJ #GoldRises #BrentCrudeFallsAbout6%
I’m still holding my BANK position; I haven’t closed it even though I’ve seen a 5,000% profit.
The reason is that I’m certain it will drop. However, it’s just had its final rally. I’ll continue to take short positions by increasing my position size.
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