Short on $ASTER: breakdown on volume, below its EMA200.
The 1h candle closed below 0.7015, the low of the previous 20 hours. I sold at 0.6971.
That candle had 3 times the average volume of the preceding hours.
Initial stop at 0.7069 (1.4% higher). No TP: I use a trailing stop: it moves down with the low and closes if the price rebounds up to it; 7 days is just 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.
$ASTER #trading #crypto
The 1h candle closed below 0.7015, the low of the previous 20 hours. I sold at 0.6971.
That candle had 3 times the average volume of the preceding hours.
Initial stop at 0.7069 (1.4% higher). No TP: I use a trailing stop: it moves down with the low and closes if the price rebounds up to it; 7 days is just 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.
$ASTER #trading #crypto