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HuobiToken - short setup

ที่อัปเดต:
Hello altho Huobi volume is ridiculous low the exchange token is currently pumping because justin sun and others became board members of huobi (and are actively pumping it).
So i see a good short setup in this as there´s no fundamental reason for this raise in price.

using close stoploss, as its risky afterall to (knife-)catch the top of this pump, but i think the top cant be that far away.

As always:
Do your own research and dont rely on my analysis!
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nomics.com/exchanges/huobipro-huobi-global

Huobi exchange volume is near 2019 levels and is underperforming other exchanges.
HT token pumping makes no sense.
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im actually already stacking shorts with 1x leverage as i find it hard to time the top on this one.
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top propably already happened, a retest of 9.4 would be a good entry now.

i have a good track record of picking slightly too high short entrys :D
การซื้อขายยังคงดำเนินอยู่
altho it didnt reach my original entry as i said i already accumulated shorts (1x leverage only) in this range which is why i will put it active.
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
This was faster then i expected.
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Be careful where you hold your positions, i suspect we will see more bankruns on exchanges and they may not be solvent like FTX. i think its best to withdraw funds if you hold any on exchanges. or best would be get hard fiat and withdraw it and leave the space lol.
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สแนปชอต

one could short HT again at this white zone....
HT is still overrated right here.
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