Not gonna lie, $AKE has already made a serious move, up around 140% on the chart. But I'm more interested in what happens on the next pullback.
Chasing green candles here is asking for trouble. I'd rather wait for the retest and see if buyers can defend the zone.
My $AKE long plan:
Entry around 0.006450 Second entry: 0.006250
TPs: 0.006700 / 0.007000 / 0.007500
Invalidation below 0.006050.
Leverage: Cross 25x Position amount: 1% Once TP1 hits, move SL to breakeven.
The recent momentum is strong, but after a 140% move, a quick liquidity grab wouldn't surprise me either.
Are we pushing towards 0.0075 next, or does $AKE need a deeper correction first? What's your take?
Chasing green candles here is asking for trouble. I'd rather wait for the retest and see if buyers can defend the zone.
My $AKE long plan:
Entry around 0.006450 Second entry: 0.006250
TPs: 0.006700 / 0.007000 / 0.007500
Invalidation below 0.006050.
Leverage: Cross 25x Position amount: 1% Once TP1 hits, move SL to breakeven.
The recent momentum is strong, but after a 140% move, a quick liquidity grab wouldn't surprise me either.
Are we pushing towards 0.0075 next, or does $AKE need a deeper correction first? What's your take?
