Guys, one thing is clear to me: $ON is likely to move lower sooner or later. However, before the drop, it could still print one more bullish candle and sweep out short sellers by hitting their stop losses. On the other hand, there's also a chance it starts dropping from the current level.
That's why I'm not waiting. I'm opening a small short position now. If the price moves higher first, I'll DCA into my position at better levels. If it starts dropping from here, I'll add to my position while f...