$RONIN broke through the 20-candle channel downward; the volume is several times above average. On higher timeframes it’s also confirmed — but if the market suddenly reverses, the short could turn into a trap 🤔
🔴 Short (breakdown of the range) | Donchian Breakout
Entry: 0.0476566 - 0.0478478
Stop: 0.0481395
Take: 0.0468
RSI: n/a | Score: 79/100
R:R 1:2.5
An informational post, not a financial recommendation.
Reminder: Binance is one of the most cost-effective exchanges in terms of fees for active trading, and Square is built right into the app.
#RONIN #Crypto
🔴 Short (breakdown of the range) | Donchian Breakout
Entry: 0.0476566 - 0.0478478
Stop: 0.0481395
Take: 0.0468
RSI: n/a | Score: 79/100
R:R 1:2.5
An informational post, not a financial recommendation.
Reminder: Binance is one of the most cost-effective exchanges in terms of fees for active trading, and Square is built right into the app.
#RONIN #Crypto
