I would not be buying this one here at this price, but wow what a great example of sh*tcoin potential breaks. Going to watch for anything else I can find related in terms of sector or others that tend to follow this one.
Trade closed: target reached
as you can tell from the comments, it is probably a good time to sell hereNote
however, futures are just now starting today so everyone will now be able to massively leverage 75x or 100x on both Longs and Shorts. Prepare for volatilityNote
Voila . Futures pump , then huge dump. probably the new norm for 2020 . Like when Binance used to get new coin listings. Only now it is futures listings.Note
maybe decent re-buys below 34 since that is almost already a 50% retrace from the top super fast. will be a bounce in there somewhereNote
If a straight shot down to mid 2s, even high 2's look decent. Waiting for 2's would be safer, but might miss. Accumulate small to larger buys from high 2's to low 2's , with invalidation below those trend marks
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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.