$RLC is losing the trend.
At the current price, it’s already starting to print some weird candles.
I’ve marked a short area, but it’s not a very strong setup yet.
I’m not calling this a strong setup because $RLC often prints big upside wicks before a drop.
The price can be deliberately manipulated higher before the real move down starts.
This is exactly why I keep warning you about scalping these kinds of coins.
Never use more than a 2% SL. I know it can get hit quickly, but that’s fine, just re-enter at the same price and follow the re-entry strategy.
If you don’t use a 2% SL and keep the position open, things can get very ugly very quickly.
Protect your capital, my champions.
At the current price, it’s already starting to print some weird candles.
I’ve marked a short area, but it’s not a very strong setup yet.
I’m not calling this a strong setup because $RLC often prints big upside wicks before a drop.
The price can be deliberately manipulated higher before the real move down starts.
This is exactly why I keep warning you about scalping these kinds of coins.
Never use more than a 2% SL. I know it can get hit quickly, but that’s fine, just re-enter at the same price and follow the re-entry strategy.
If you don’t use a 2% SL and keep the position open, things can get very ugly very quickly.
Protect your capital, my champions.