$GWEI Short from 0.02242, target 0.02013 (1:2)
Short setup
Sell: 0.02242
Stop: 0.02356
Take profit: 0.02013
R:R 1:2
Big pump on GWEI: 17% from the low in 3 days, 4% on the day. That break of 0.02237 was small (2.5%), a quick poke and a sell-off from 0.02294. Looks like a failed breakout to me. Taking the short from 0.02242, stop 0.02356, target 0.02013 where the inducement sits. About 1:2.
Overview
Market cap: 44.5M USD (+4.7% in 24h)
24h volume: 9.35M USD
Circulating supply: 1.98B of 10.00B (20%)
Top 10 holders hold 95.6% of the supply (burn / dead wallets excluded)
#GWEI #CryptoTrading #TradeSetup
Short setup
Sell: 0.02242
Stop: 0.02356
Take profit: 0.02013
R:R 1:2
Big pump on GWEI: 17% from the low in 3 days, 4% on the day. That break of 0.02237 was small (2.5%), a quick poke and a sell-off from 0.02294. Looks like a failed breakout to me. Taking the short from 0.02242, stop 0.02356, target 0.02013 where the inducement sits. About 1:2.
Overview
Market cap: 44.5M USD (+4.7% in 24h)
24h volume: 9.35M USD
Circulating supply: 1.98B of 10.00B (20%)
Top 10 holders hold 95.6% of the supply (burn / dead wallets excluded)
#GWEI #CryptoTrading #TradeSetup