BlackCard Coin is currently displaying strong bullish momentum, indicating that it's on an aggressive uptrend. However, given the nature of this movement, it is advisable to wait for a potential pullback to around the $2.80 level before considering a buy entry.
For this trade, a prudent stop loss should be placed at approximately $2.47 to manage risk effectively.
The trade setup targets a favourable risk-reward ratio of 1:4.37, with the profit target around $4.22.
BlackCard Coin is currently gaining significant attention on CoinMarketCap, further highlighting the high-risk nature of this trade.
Exercise caution and adhere strictly to your risk management strategy.
For this trade, a prudent stop loss should be placed at approximately $2.47 to manage risk effectively.
The trade setup targets a favourable risk-reward ratio of 1:4.37, with the profit target around $4.22.
BlackCard Coin is currently gaining significant attention on CoinMarketCap, further highlighting the high-risk nature of this trade.
Exercise caution and adhere strictly to your risk management strategy.
Trade active
Trade activated and I hope we dont get kicked out in STOP LOSSTrade closed: stop reached
Kicked out
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.