Short en $DASH : breakdown with volume, below its EMA200.
The 1h candle closed below 49.64, the low of the previous 20 hours. I sold at 49.42.
That candle moved 4 times the average volume of the previous hours.
Initial stop at 50.62 (2.4% above). No TP: I use a trailing stop: it moves down following the low and closes if the price bounces up to it; 7 days is only the maximum.
Many don’t work out; that’s why each trade risks little.
This is not financial advice, do your own research and adjust your risk.
$DASH #trading #cripto
The 1h candle closed below 49.64, the low of the previous 20 hours. I sold at 49.42.
That candle moved 4 times the average volume of the previous hours.
Initial stop at 50.62 (2.4% above). No TP: I use a trailing stop: it moves down following the low and closes if the price bounces up to it; 7 days is only the maximum.
Many don’t work out; that’s why each trade risks little.
This is not financial advice, do your own research and adjust your risk.
$DASH #trading #cripto