$JCT Short: price poked above the old high and rolled over, target 0.003704
Short - entry 0.004544, stop loss 0.004964, tp 0.003704 (1:2)
JCT pumped 168% from 0.001744 in 41 hours, and the move started to run out of steam. The pullback inside it was about 27% of the leg and left 0.003704 as the inducement low. The new high at 0.004682 got rejected and price is back near 0.004433 without going anywhere close to 0.003704. Stop 0.004964, target 0.003704. Risking 9.24% for roughly 2 times that.
DYOR.
Overview
Market cap: 52.3M USD (+142.9% in 24h)
24h volume: 32.0M USD
Circulating supply: 11.49B of 50.00B (23%)
Top 10 holders hold 100.0% of the supply (burn / dead wallets excluded)
#JCT #CryptoTrading #TradeSetup
Short - entry 0.004544, stop loss 0.004964, tp 0.003704 (1:2)
JCT pumped 168% from 0.001744 in 41 hours, and the move started to run out of steam. The pullback inside it was about 27% of the leg and left 0.003704 as the inducement low. The new high at 0.004682 got rejected and price is back near 0.004433 without going anywhere close to 0.003704. Stop 0.004964, target 0.003704. Risking 9.24% for roughly 2 times that.
DYOR.
Overview
Market cap: 52.3M USD (+142.9% in 24h)
24h volume: 32.0M USD
Circulating supply: 11.49B of 50.00B (23%)
Top 10 holders hold 100.0% of the supply (burn / dead wallets excluded)
#JCT #CryptoTrading #TradeSetup