Short

Grin Short term short

By MacMopsus
Updated
Buyers continue to dry up in the Poloniex orderbook. From 22.x total BTC down to 17.x total BTC, while total sellers remain more constant.

When longs get aggressive(cross the spread) and buy up the offer there is no real follow through which results in the wicky looking candle sticks marked by arrows.

I'm still very much bullish long term but objectively hold some bearish short term sentiment. I hope to be proven wrong.
Trade closed manually
Wow. Nice to see Grin actually getting some traction. I'm balls deep.
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MacMopsus

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