Three gaps up in rapid succession
Time for a fade
Short WGMI, bitcoin miners ETF @ 20.00
Comment:
Taking profit (20%) on short Bitcoin Mner ETF I posted a month ago.
Price has filled 2 of the 3 open gaps from the rally since January lows (despite MSTR going to ATHs on the back of insane BTC rally and general equity market rally).
WGMI could still go lower to close the ramining gap (and I would it expect it to in months ahead) but time to lock in some gains on this one.
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Price has filled 2 of the 3 open gaps from the rally since January lows (despite MSTR going to ATHs on the back of insane BTC rally and general equity market rally).
WGMI could still go lower to close the ramining gap (and I would it expect it to in months ahead) but time to lock in some gains on this one.