$PENGU has one zone I actually care about right now.
0.00693680 to 0.00695980.
Everything above or below it is just noise until price reacts there.
Plan:
SHORT from 0.00693680 to 0.00695980
Stop at 0.00702423
First target 0.00686317
Second target 0.00679875
Extended target 0.00671592
Taker flow is leaning toward buyers. The 1h structure is Expansion while the 4h prints LH/LL.
Lose 0.00702423 on a closing basis and this whole idea is dead. No rethinking, no averaging.
Everything depends on how price behaves when it reaches this area.
#cryptotrading
0.00693680 to 0.00695980.
Everything above or below it is just noise until price reacts there.
Plan:
SHORT from 0.00693680 to 0.00695980
Stop at 0.00702423
First target 0.00686317
Second target 0.00679875
Extended target 0.00671592
Taker flow is leaning toward buyers. The 1h structure is Expansion while the 4h prints LH/LL.
Lose 0.00702423 on a closing basis and this whole idea is dead. No rethinking, no averaging.
Everything depends on how price behaves when it reaches this area.
#cryptotrading