Chart is self explanatory. Low risk trade
Note
I will be shorting around 3050 for short term right to the 2850 where i switch to the longNote
Micro-Short canceled) Though it will hit for short term 3050.
Focus on buying dip
Trade active
Open 2910SL 2820
Note
Targets:1. 3300
2. 3400
3. 3950
Note
We are trading around bottom and I can suppose that we may break our support at 3834 to trigger stops. Same situation was done by top alts and BTC. After breakout of this low there may be a solid squeeze right to the 2800.
To avoid fake triggering for short term period try to hold your stops as far as your risk allows. Wait the candle close.
Note
As it was expected. We are extremely oversold, so there is no reason to sell more. Now you can place you SL under 2802.Good luck!
Trade active
Got my SL triggered tonight)I have re-opened my position.
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Related publications
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.