$ALT is looking weak after that 19% pump
I saw clear rejection at the top, sellers are stepping in now. I am planning to short this.
Here is my setup, keeping it simple:
Resistance is 0.01205 to 0.01352 - this is my short zone
I will enter like this:
Entry 1 at 0.01205 with 60% size
Entry 2 at 0.01248 with 20%
Entry 3 at 0.01352 with 20%
For targets I am looking at 0.01103, then 0.01042, 0.00953 and final 0.00848
Stop loss I kept at 0.01548, if it goes above that I am out.
If price doesn't come to entry 2 and 3, I will just use full size at entry 1. Please keep your size small, don't risk too much.
What are you guys doing in $ALT? Shorting or still buying? Let me know in comments.
$ALT #ALT #CryptoTrading
I saw clear rejection at the top, sellers are stepping in now. I am planning to short this.
Here is my setup, keeping it simple:
Resistance is 0.01205 to 0.01352 - this is my short zone
I will enter like this:
Entry 1 at 0.01205 with 60% size
Entry 2 at 0.01248 with 20%
Entry 3 at 0.01352 with 20%
For targets I am looking at 0.01103, then 0.01042, 0.00953 and final 0.00848
Stop loss I kept at 0.01548, if it goes above that I am out.
If price doesn't come to entry 2 and 3, I will just use full size at entry 1. Please keep your size small, don't risk too much.
What are you guys doing in $ALT? Shorting or still buying? Let me know in comments.
$ALT #ALT #CryptoTrading