$BIRB
💥 $BIRB - Exploded to 0.066$ on 500M volume, then dumped -19%.. Is the show over?
$BIRB was weak at 0.045$ - 0.050$ from the 17th to the 20th, with boring accumulation and zero volume. Then came an explosion on the 21st, from 0.050$ to 0.06600$, with a vertical candle on 500M volume (+30%), followed by a violent dump over 3 consecutive candles to 0.05038$ on 300M volume.
The price is now 0.05348$, down -3.12%, and is trying to hold above 0.0534$. Today's volume is 12.85M, extremely weak compared with peak volume = no new buyers. Down -22.94% over 30 days, and the coin is weak.
Trading plan:
Trend: Sell the rallies.
Entry: 0.0550$ - 0.0565$
Stop loss: 0.0590$
Targets:
1: 0.0503$
2: 0.0480$
3: 0.0455$
Scalp buy only: from 0.0503$, with a stop at 0.0495$ and a target of 0.0535$
#BIRB暴跌
#AMANDABELLA
#ChinaSeeksToSeize61800BTC
#EarningsSeason
#BinancePick
💥 $BIRB - Exploded to 0.066$ on 500M volume, then dumped -19%.. Is the show over?
$BIRB was weak at 0.045$ - 0.050$ from the 17th to the 20th, with boring accumulation and zero volume. Then came an explosion on the 21st, from 0.050$ to 0.06600$, with a vertical candle on 500M volume (+30%), followed by a violent dump over 3 consecutive candles to 0.05038$ on 300M volume.
The price is now 0.05348$, down -3.12%, and is trying to hold above 0.0534$. Today's volume is 12.85M, extremely weak compared with peak volume = no new buyers. Down -22.94% over 30 days, and the coin is weak.
Trading plan:
Trend: Sell the rallies.
Entry: 0.0550$ - 0.0565$
Stop loss: 0.0590$
Targets:
1: 0.0503$
2: 0.0480$
3: 0.0455$
Scalp buy only: from 0.0503$, with a stop at 0.0495$ and a target of 0.0535$
#BIRB暴跌
#AMANDABELLA
#ChinaSeeksToSeize61800BTC
#EarningsSeason
#BinancePick
