You can see right now that I’m taking a big SHORT trade on $BEAT
Take Profit: $0.0844
Stop Loss: $0.0932👇
I know, guys, you might be thinking that it has already broken out on the 1H timeframe, so why am I shorting it?
Guys, look at what happened when the $0.083 level was broken. There was no significant volume entering the market. It was mostly retail traders buying, and I don’t think this pump will last much longer.
Most importantly, sell orders are appearing again in the order book. That’s why I believe we could easily see another crash, and the price may grab all the liquidity sitting on the downside, including liquidations.
Take Profit: $0.0844
Stop Loss: $0.0932👇
I know, guys, you might be thinking that it has already broken out on the 1H timeframe, so why am I shorting it?
Guys, look at what happened when the $0.083 level was broken. There was no significant volume entering the market. It was mostly retail traders buying, and I don’t think this pump will last much longer.
Most importantly, sell orders are appearing again in the order book. That’s why I believe we could easily see another crash, and the price may grab all the liquidity sitting on the downside, including liquidations.
