$WIF is down 4.4 percent today and I am passing on it
Only 1.3M dollars of volume means one large order shifts this book and getting out is a coin flip
Sitting this out beats buying a thin order book
I need an hourly close above 0.15310 to show buyers are back
Alternatively a bounce off 0.14280 proves that support holds
It could run without me but a bad entry costs more than a missed move
Chasing $WIF here or waiting for 0.14280
#WIF #RiskManagement
Only 1.3M dollars of volume means one large order shifts this book and getting out is a coin flip
Sitting this out beats buying a thin order book
I need an hourly close above 0.15310 to show buyers are back
Alternatively a bounce off 0.14280 proves that support holds
It could run without me but a bad entry costs more than a missed move
Chasing $WIF here or waiting for 0.14280
#WIF #RiskManagement