Short OP vs USD

By Trader_CD
Updated
Optimis pumped on the Coinbase hype today and it made a SFP at Range Highs on the daily.

Took a short here with SL at todays Highs, this is a swing play for me so I expect it to play out in few weeks.

Mid Range is the target.

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Trade closed: stop reached
Well, stopped me out, as LDO yesterday, squeezed more then expected.

It tested ATH and got rejected, that was a good spot to short but was sleeping so now waiting for the price to go back in the range to jump back in.
Trade active
Staring to scale back in. If we see a confirmed brakeout above ATH, then I'm wrong.
Could see some wicking at ATH to trigger Stops.
Comment
Current price is $3.13, the deviatoin will be confirmed when it breaks below $2.97 again.
Comment
We saw aggresive Stops hunt at $3.20, as predicted and then a selloff.
So now we have a break down. My avg entry is at $3.16. Moved SL in profits.
Comment
Took some profits at $2.67. Will coumpound on bearish retests.
Comment
Scaling back in my short.
Trade closed manually
Closing the rest of the trade here at $2.95. Will post a new short when time comes. (few days probably)
Chart PatternscryptocryptocurrenciescryptomarketTechnical IndicatorsOPopshortoptimismOPUSDTTrend Analysis
Trader_CD

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