Worst volume contract on the market, keep shorting to zero
The data is here, see for yourself.
💥 $INIT #INIT [Main]
Entry: $0.087372 place short, stop loss 10% ($0.096109)
Now at $0.072810, 24h change +8.17%
24h volume only $1.94M, bottom of the market
→ Volume decay 31.8%, bears are loading, keep shorting to 0
Meaningless bounce, staying bearish
These are also good short entries:
$BTW
Now $0.697000, 24h change -11.35%
Entry: $0.836400 place short, stop loss 10% ($0.920040)
$ARB
Now $0.164930, 24h change +0.65%
Entry: $0.197916 place short, stop loss 10% ($0.217708)
Small size test only, strict stops, never trade without risk control
#CryptoAnalysis #Trading
The data is here, see for yourself.
💥 $INIT #INIT [Main]
Entry: $0.087372 place short, stop loss 10% ($0.096109)
Now at $0.072810, 24h change +8.17%
24h volume only $1.94M, bottom of the market
→ Volume decay 31.8%, bears are loading, keep shorting to 0
Meaningless bounce, staying bearish
These are also good short entries:
$BTW
Now $0.697000, 24h change -11.35%
Entry: $0.836400 place short, stop loss 10% ($0.920040)
$ARB
Now $0.164930, 24h change +0.65%
Entry: $0.197916 place short, stop loss 10% ($0.217708)
Small size test only, strict stops, never trade without risk control
#CryptoAnalysis #Trading