Siren · Here comes the SHORT

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Siren · Here comes the SHORTSIREN / TetherKUCOIN:SIRENUSDTMasterAnandaI have two examples: PIPPIN & POWER. We already know how these people operate. The market will be overbought for a while. The buying is the shorting whale preparing the short. _____ Steps: » Buy maximum possible spot. » When the top is reached, place a high leverage short through the futures market. » When the short is in place, sell everything that was bought on the spot market. This strategy has a double-win situation. Winning through the buying spot, which can be equally accompanied by a long at low entry. Then winning again through the guaranteed short. It is guaranteed because the whale (or group) hold all the coins and they are sure to see prices going down through their own selling once they place the short. _____ After higher the trading pair in question can go no more, then comes the short. At first it is tricky so it is better to wait until the signal is in. SIRENUSDT. Volume has been dropping since early Feb when volume activity peaked. This shows that the current move is overextended. There is a very strong bearish divergence with the RSI (Feb vs March), plus an overbought reading. Needless to say, there will be a massive crash on this trading pair. Namaste.