Oh, I really want to dive into shorts, but they are gaining momentum really strongly already
Post
Alisa_Trend
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$BANANA SHORT or LONG❓❓❓
Let's first consider the coin before drawing conclusions❗❗❗
1. Liquidity exists both below and above, and the coin has been in sideways movement for almost 12 hours. Does it replenish liquidity❓
2. As you can see, there is a large amount of money in the spot market now, while the volume on futures has decreased. If the spot decides to sell its coins, the price will drop❗
3. And of course, trend lines. First, look at the lower line; the price has bounced off it twice without managing to break the support❗❗❗
Now look at the upper line; it was resistance and has become support❗❗❗
💡 Conclusion: If the coin goes below the upper support line now, it is the first signal to open a short position, but one must act cautiously, as the coin may bounce off the lower line, and with a good scenario, it may break the lower support line🙂
$ZBT
$NEWT
Let's first consider the coin before drawing conclusions❗❗❗
1. Liquidity exists both below and above, and the coin has been in sideways movement for almost 12 hours. Does it replenish liquidity❓
2. As you can see, there is a large amount of money in the spot market now, while the volume on futures has decreased. If the spot decides to sell its coins, the price will drop❗
3. And of course, trend lines. First, look at the lower line; the price has bounced off it twice without managing to break the support❗❗❗
Now look at the upper line; it was resistance and has become support❗❗❗
💡 Conclusion: If the coin goes below the upper support line now, it is the first signal to open a short position, but one must act cautiously, as the coin may bounce off the lower line, and with a good scenario, it may break the lower support line🙂
$ZBT
$NEWT
