$WLFI falls, a breakdown of the 20-candle Donchian channel is supported by volume almost twice the average. Higher timeframes are also in the red, but if the overall market turns around, the short could turn into a trap 🤔
🔴 Short (breakout below the range) | Donchian Breakout
Entry: 0.0552338 - 0.0554554
Stop: 0.0559785
Take: 0.0533
RSI: n/a | Score: 77/100
R:R 1:3.2
Informational post, not financial advice.
Trade right here on Square—no unnecessary switching between apps, and with some of the lowest fees on the market.
#WLFI #Altcoins
🔴 Short (breakout below the range) | Donchian Breakout
Entry: 0.0552338 - 0.0554554
Stop: 0.0559785
Take: 0.0533
RSI: n/a | Score: 77/100
R:R 1:3.2
Informational post, not financial advice.
Trade right here on Square—no unnecessary switching between apps, and with some of the lowest fees on the market.
#WLFI #Altcoins
