malacus

XTZ Short - Similar Pattern as last cycle on the weekly

Short
malacus Aggiornato   
KRAKEN:XTZUSD   Tezos
Printing a weekly red candle for Heikin Ashi candle. Looks like the beginning for a downtrend.
Commento:
Re entered over the weekend 50% at 2.40.

Have the other half for a fill at 2.25.
Commento:
Ascending wedge forming on the 4h and daily candles. Another drop expected.

However, a bullish cloud bounce on the daily for $TOTAL and $TOTAL2 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.
Commento:
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.
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.