Hi Traders,
Just as we saw with LUNA and other major crashes the short squeeze prior to another major dump is how the market moves.
CZ still has his bag to sell and i'm sure has no problem with a minor pump and dump to clear the massive build up of leverage shorters and unload his stack.
IF i was sam or any other MM this would be the same thought on my mind.
I spotted LUNA's short squeeze and this looks just the same. 0.50-$7
You must set the sell orders for the long position ahead of time as its unlikely unless you are 24/7 watching price to catch the very quick move.
Target areas are $4-5 and also $7-9
This is a low leverage play (i'm in from 2.70 12x)
Goodluck,
Assetmastery
Just as we saw with LUNA and other major crashes the short squeeze prior to another major dump is how the market moves.
CZ still has his bag to sell and i'm sure has no problem with a minor pump and dump to clear the massive build up of leverage shorters and unload his stack.
IF i was sam or any other MM this would be the same thought on my mind.
I spotted LUNA's short squeeze and this looks just the same. 0.50-$7
You must set the sell orders for the long position ahead of time as its unlikely unless you are 24/7 watching price to catch the very quick move.
Target areas are $4-5 and also $7-9
This is a low leverage play (i'm in from 2.70 12x)
Goodluck,
Assetmastery
Comment:
trade closed and shorted @3.35