Setup short for $CHIP
Entry: 0.029-0.03
TP: 0.026-0.027
SL: dyor
Why short?
Currently forming a chart with two peaks; the downtrend is clearly evident, so the chance of a drop is significant. However, you need to pay attention to a few weaknesses: the long orders below are relatively few, while the short orders are quite a lot. The trade is also risky.
Entry: 0.029-0.03
TP: 0.026-0.027
SL: dyor
Why short?
Currently forming a chart with two peaks; the downtrend is clearly evident, so the chance of a drop is significant. However, you need to pay attention to a few weaknesses: the long orders below are relatively few, while the short orders are quite a lot. The trade is also risky.