$XNY +17% pump, now a short setup with 0.004882 as the target
š“ Short - entry 0.00593, sl 0.006454, take profit 0.004882 (1:2)
0.004882 is the bottom of that 60% pullback and price has not been back to it since. Price pushed 4.4% above the old high at 0.005733, printed a new high at 0.005987 and gave it back. It is trading just above 0.005733 now. In at 0.00593, out at 0.006454 if I'm wrong, 0.004882 if the inducement gets taken. That works out to 1:2. Not chasing if it runs away from the entry.
#XNY #Altcoins #CryptoTrading
š“ Short - entry 0.00593, sl 0.006454, take profit 0.004882 (1:2)
0.004882 is the bottom of that 60% pullback and price has not been back to it since. Price pushed 4.4% above the old high at 0.005733, printed a new high at 0.005987 and gave it back. It is trading just above 0.005733 now. In at 0.00593, out at 0.006454 if I'm wrong, 0.004882 if the inducement gets taken. That works out to 1:2. Not chasing if it runs away from the entry.
#XNY #Altcoins #CryptoTrading