It’s too much bleeding 🩸

Seriously it hurts when coins like $ROBO crash like this.

But this is not the end here this is just the start. I’m shorting it.

Short Trade

Entry: Right now

Take Profits:
1. $0.0125
2. $0.012
3. $0.0117

Stop Loss: $0.0132

$ROBO
Why are we shorting it?

If we look at ROBO’s 1H MA50, a clean death cross is forming at $0.013. That’s why the price is struggling so much.

Volume is also continuously flowing out. The trend is already fully bearish and the order book is mostly filled with sell orders.

Most of the liquidations are sitting around $0.011 which will get grabbed.

And the most important thing Risk:

Just use 1-2% of the wallet with 20x leverage. Once the first target is hit, book half profit and move SL to entry.