$MARSCOIN broke below the low of the last 20 hours on high volume, and I opened a short.
The 1-hour candle closed below 0.10513, the low of the previous 20 hours. I sold at 0.10359.
That candle had 3 times the average volume of the previous hours.
Initial stop at 0.10967 (5.9% above). No TP: I use a trailing stop—it moves down with the low and closes if the price bounces back up to it; 7 days is just the maximum.
The risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$MARSCOIN #trading #crypto
The 1-hour candle closed below 0.10513, the low of the previous 20 hours. I sold at 0.10359.
That candle had 3 times the average volume of the previous hours.
Initial stop at 0.10967 (5.9% above). No TP: I use a trailing stop—it moves down with the low and closes if the price bounces back up to it; 7 days is just the maximum.
The risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$MARSCOIN #trading #crypto