Hey guys!
This is a swing trade so it means, you go in and get out fast! So, after ORDI has gone through a beautiful uptrend. We can see it started to retrace and what happened was that it created a double bottom which oftentimes leads to a bullish continuation.
We've got a confirmation of the bullish side as the double bottom got broken upwards and also got re-tested back again. So now, we can set as potential target zone the yellow rectangle that has been marked in the chart.
I'll update my trade as it gets played out. All IDEAS I post in my page are all my actual trades that took place BUT I spot crypto not FUTURES so beware on your trade risk tolerance as well as trade management. Make sure to set a STOP LOSS.
All the best,
Kina, the girly trader ⭐
This is a swing trade so it means, you go in and get out fast! So, after ORDI has gone through a beautiful uptrend. We can see it started to retrace and what happened was that it created a double bottom which oftentimes leads to a bullish continuation.
We've got a confirmation of the bullish side as the double bottom got broken upwards and also got re-tested back again. So now, we can set as potential target zone the yellow rectangle that has been marked in the chart.
I'll update my trade as it gets played out. All IDEAS I post in my page are all my actual trades that took place BUT I spot crypto not FUTURES so beware on your trade risk tolerance as well as trade management. Make sure to set a STOP LOSS.
All the best,
Kina, the girly trader ⭐
Trade closed: target reached:
Price met target zone. GG well played!