This market has been hot for a while. Shorting to fill in todays gap is a no brainer. Of course stop loss at candle closing above resistance. Need 2 rep to post comments on other charts since TV changed the rules.
The volume has moved away from Bitfinex. When looking at the volume on Binance it doesn't look quite as dead. Trade's like this are what stop losses were made for. Fundamentally when it comes to coins whose primary purpose is to be a form of money, XMR is the only thing that can hold a candle to BTC.
There's so much stop hunting going on with anything on that platform. I'm not trading this. Just watching.
Fed announcement drove the price up to the top of this channel with lackluster volume.