📈 Long signal
$GOAT has been moving sideways for the past couple of days, then suddenly surged 26.2% on heavy volume today.
I checked the moving averages, and they’ve converged across several timeframes. Today’s close was just above the upper edge. This kind of “squeeze then breakout” setup usually doesn’t see a deep pullback, so I’m planning to place an order at 0.019613 to pick some up.
Here’s the plan: if it reaches 0.021308, I’ll sell half (+8.0%), and let the rest run toward 0.022098 (+12.0%).
If it drops back to 0.018941, I’ll cut my losses and get out (-4.0%). I’ll risk no more than 30% of my position on this trade, so even if it goes wrong, the loss shouldn’t be too bad.
Can this rally continue? I’m not sure—I’d like to hear what you think.
Related: $BNB $SKDD
$GOAT has been moving sideways for the past couple of days, then suddenly surged 26.2% on heavy volume today.
I checked the moving averages, and they’ve converged across several timeframes. Today’s close was just above the upper edge. This kind of “squeeze then breakout” setup usually doesn’t see a deep pullback, so I’m planning to place an order at 0.019613 to pick some up.
Here’s the plan: if it reaches 0.021308, I’ll sell half (+8.0%), and let the rest run toward 0.022098 (+12.0%).
If it drops back to 0.018941, I’ll cut my losses and get out (-4.0%). I’ll risk no more than 30% of my position on this trade, so even if it goes wrong, the loss shouldn’t be too bad.
Can this rally continue? I’m not sure—I’d like to hear what you think.
Related: $BNB $SKDD