Thesis is pretty simple:
Following a weak channel (token is brand new, but it's on Binance)
Fibonacci Retracement taken from the genesis to ATH, gave me the target.
TUSDT breaks below 0.18, I'm Shorting to the GP of 0.145 to 0.15, with a pit stop at 0.1655.
Once GP is reached, I'll plan a Long entry, i.e. back up towards 0.1655 and previous Fibonacci levels.
Trailing-stop real hard on TUSDT.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
Following a weak channel (token is brand new, but it's on Binance)
Fibonacci Retracement taken from the genesis to ATH, gave me the target.
TUSDT breaks below 0.18, I'm Shorting to the GP of 0.145 to 0.15, with a pit stop at 0.1655.
Once GP is reached, I'll plan a Long entry, i.e. back up towards 0.1655 and previous Fibonacci levels.
Trailing-stop real hard on TUSDT.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
Looks like TUSDT is refusing to bottom, might actually hit the GP