tight s/l and take profit levels marked on chart
reason behind shorting is the capitulation and with such a new coin it is natural and normal for the price to retest EMA's as they appear on the chart.
the 100-ma on the weekly is at around 48c and just appeared so i expect price to magnet towards it
reason behind shorting is the capitulation and with such a new coin it is natural and normal for the price to retest EMA's as they appear on the chart.
the 100-ma on the weekly is at around 48c and just appeared so i expect price to magnet towards it
Note
ARE YOU NOT ENTERTAINED?!Note
1/3 position closed at t1 for 11.99% profit1/3 position closed at t2 for 20.67% profit
1/3 position closed at t3 for 31.39% profit
price dropped almost immediately from entry, very happy with this trade
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.
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.