$M Short from 0.8343, target 0.7386 (1:2)
đŽ Short setup
Entry: 0.8343
SL: 0.8822
Take profit: 0.7386
M ran 34% off the low in about 3 days and is on the gainers list with 9% on the day. I have 0.7386 marked as the inducement from a 52% retrace. That break of 0.8221 was small (7.5%), a quick poke and a sell-off from 0.884. Looks like a failed breakout to me. In at 0.8343, out at 0.8822 if I'm wrong, 0.7386 if the inducement gets taken. That works out to 1:2.
Manage your own risk.
đ Overview
Market cap: 1.90B USD (+8.9% in 24h)
24h volume: 4.81M USD
Circulating supply: 2.29B of 5.43B (42%)
Top 10 holders hold 96.6% of the supply (burn / dead wallets excluded)
#CryptoTrading #Altcoins #FuturesTrading
đŽ Short setup
Entry: 0.8343
SL: 0.8822
Take profit: 0.7386
M ran 34% off the low in about 3 days and is on the gainers list with 9% on the day. I have 0.7386 marked as the inducement from a 52% retrace. That break of 0.8221 was small (7.5%), a quick poke and a sell-off from 0.884. Looks like a failed breakout to me. In at 0.8343, out at 0.8822 if I'm wrong, 0.7386 if the inducement gets taken. That works out to 1:2.
Manage your own risk.
đ Overview
Market cap: 1.90B USD (+8.9% in 24h)
24h volume: 4.81M USD
Circulating supply: 2.29B of 5.43B (42%)
Top 10 holders hold 96.6% of the supply (burn / dead wallets excluded)
#CryptoTrading #Altcoins #FuturesTrading