RDD Bouncing off the 50 EMA again?

Looking at the graph there is a small pennant starting to form and we are also getting very close to the 50 EMA.

So I would expect a small bounce in the next day or two

I would buy some now and try a few more at 92.

Then aim to sell 50% at 106 and the rest at 109

This coin is definitely on a down trend for the foreseeable future, so I would be careful to expect too much out of a week-end bounce.

Trade chiuso: obiettivo raggiunto:

The bounce has now happened, we reached 109

Is there room for a little more, maybe, but I wouldn't risk it.

This coin will continue to descend and we must look for the next 'jump'.