Flag here, easy trade with a tight stop, this has a very nice risk return setup.
Using flagpole for fib extension.
Long (market) - 1.76
Stop - 1.64
Target #1 - 2.17 (before breakout on pennant resistance)
Target #2 - 2.93 (1.0 extension)
Target #3 - 5.58 (1.618 extension)
Using flagpole for fib extension.
Long (market) - 1.76
Stop - 1.64
Target #1 - 2.17 (before breakout on pennant resistance)
Target #2 - 2.93 (1.0 extension)
Target #3 - 5.58 (1.618 extension)
Ordine annullato
Trade cancelled, looks like we're going to have a global equity sell off and dragging crypto with it. Better to wait and see here.Nota
The update is that the trade setup is still great, so long as you respect a tight stop.The BTC sell off lastnight did not seem to affect alts that badly, certainly not as bad as what I was picturing. This could be the early filaments of alt season beginning.
I think it's a great trade still, I am not going to take it cause I threw the money on a different play already.
Ordine annullato
This coin is such a disappointment, I'm going to avoid it. Just missed all of March being in this one.Follow where the liquidity and money is, right now, whales aren't interested in this coin.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.