Optimis pumped on the Coinbase hype today and it made a SFP at Range Highs on the daily.
Took a short here with SL at todays Highs, this is a swing play for me so I expect it to play out in few weeks.
Mid Range is the target.
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Took a short here with SL at todays Highs, this is a swing play for me so I expect it to play out in few weeks.
Mid Range is the target.
Follow, like the idea and feel free to leave a comment if you like it.
Check out other ideas if you like this one.
Trade closed: stop reached:
Well, stopped me out, as LDO yesterday, squeezed more then expected.
It tested ATH and got rejected, that was a good spot to short but was sleeping so now waiting for the price to go back in the range to jump back in.
It tested ATH and got rejected, that was a good spot to short but was sleeping so now waiting for the price to go back in the range to jump back in.
Trade active:
Staring to scale back in. If we see a confirmed brakeout above ATH, then I'm wrong.
Could see some wicking at ATH to trigger Stops.
Could see some wicking at ATH to trigger Stops.
Comment:
Current price is $3.13, the deviatoin will be confirmed when it breaks below $2.97 again.
Comment:
We saw aggresive Stops hunt at $3.20, as predicted and then a selloff.
So now we have a break down. My avg entry is at $3.16. Moved SL in profits.
So now we have a break down. My avg entry is at $3.16. Moved SL in profits.
Comment:
Took some profits at $2.67. Will coumpound on bearish retests.
Comment:
Scaling back in my short.
Trade closed manually:
Closing the rest of the trade here at $2.95. Will post a new short when time comes. (few days probably)