Currency $DKNG trading alert š¹
Short side ā suggestion
Entry range: 24.0721-24.2458
Stop loss: 24.4300
Targets: 23.9370, 23.7439, 23.4544
Technical analysis: Okay, DKNGās chartāon the surface, youāve got an EMA dead cross, and the MACD also has a dead cross. The bearish trend is being handled pretty seriouslyāhowever, the RSI is only 36. You could say itās panicking, but it hasnāt hit rock bottom. Itās the kind of āitās down, but not fully downā annoying state. At 24.13, itās neither up nor down; both bulls and bears feel uncomfortableālike an old-school crypto veteran pretending to be unbothered after getting trapped in a position. Short-term support? Donāt askāif you ask, itās because youāre not sure inside. Set the loss level at 24.43ādonāt negotiate with the market emotionally. If it breaks the level, admit youāre wrong. If it bounces back near the moving average, run when you should. Donāt expect it to suddenly throw a V-shaped reboundāthese days, thatās already pretty good if it doesnāt stick you with a needle. Stay honest and follow the shorts to ādrink the soup,ā and donāt get too greedy.
Recommended stop-loss level: 24.430000, please adjust your position size according to your own risk preference
#DKNG
Short side ā suggestion
Entry range: 24.0721-24.2458
Stop loss: 24.4300
Targets: 23.9370, 23.7439, 23.4544
Technical analysis: Okay, DKNGās chartāon the surface, youāve got an EMA dead cross, and the MACD also has a dead cross. The bearish trend is being handled pretty seriouslyāhowever, the RSI is only 36. You could say itās panicking, but it hasnāt hit rock bottom. Itās the kind of āitās down, but not fully downā annoying state. At 24.13, itās neither up nor down; both bulls and bears feel uncomfortableālike an old-school crypto veteran pretending to be unbothered after getting trapped in a position. Short-term support? Donāt askāif you ask, itās because youāre not sure inside. Set the loss level at 24.43ādonāt negotiate with the market emotionally. If it breaks the level, admit youāre wrong. If it bounces back near the moving average, run when you should. Donāt expect it to suddenly throw a V-shaped reboundāthese days, thatās already pretty good if it doesnāt stick you with a needle. Stay honest and follow the shorts to ādrink the soup,ā and donāt get too greedy.
Recommended stop-loss level: 24.430000, please adjust your position size according to your own risk preference
#DKNG