Quite a simple straightforward trade which could prove to be a big fail considering the FUD going around the project and how it is being called the next $LUNA but from a pure TA point of view this is a very valid trade.
Using adequate risk percentage / position sizing is vital and I can't stress enough on that.
Crazy funding rates on exchanges right now as well; -1.5% on ByBit right now for an example and that on its own is worthy of a shot at a long imo.
Entry and target zones marked.
LFG 🚀
Using adequate risk percentage / position sizing is vital and I can't stress enough on that.
Crazy funding rates on exchanges right now as well; -1.5% on ByBit right now for an example and that on its own is worthy of a shot at a long imo.
Entry and target zones marked.
LFG 🚀
Trade active:
Bids filled!
Trade closed: stop reached:
Stopped out.
We could see bullish Wolfe Waves forming inside a descending wedge which signals a move to the upside.