STR needs to cool off

Cool down period after an epic run. Topping out at 1.618 extension of wave 2 in a massive rising wedge. Still think we go higher this year, but a correction feels due. Bearish divergence showing on shorter time scales, slowly building a short position on any spikes. However, as those of us in the cryptosphere know, rationality can always go out the window and this could blast higher.

Previous analysis here:

Trade fermée: cible de profit atteinte

Trade fermée manuellement

Note

took small profit at the bottom of the dip, but had to back out of this one as she shot towards the sky again.

Yrat

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Yrat