XTZ Short - Similar Pattern as last cycle on the weekly

Printing a weekly red candle for Heikin Ashi candle. Looks like the beginning for a downtrend.

Nota

Re entered over the weekend 50% at 2.40.

Have the other half for a fill at 2.25.

Nota

Ascending wedge forming on the 4h and daily candles. Another drop expected.

However, a bullish cloud bounce on the daily for and crypto market could rip this up the wedge. Keeping next entry at 2.25 but a break above the wedge and I'm buying back in.

Nota

Broke the ascending wedge on the daily. Get ready for your 2.25 buys. Will probably even dip lower. Pays to follow the charts and ignore sentiment.

Trade chiuso: obiettivo raggiunto

Went camping over the weekend and came back to 1.95. Entered the other half. Trade closed.

malacus

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malacus