IOST - Example how bullish news can trap you đȘ€
IOST announced creation of their own stablecoin, hence, everyone decided to long, we can see it by volume at top.
Right now a lot of people are trapped and can be liquidated, that's why I plan to take short
From technical point of view:
âïž BTC bearish
âïž Level is seen on all timeframes
âïž Volume is at top
âïž 6th touch
âïž Level is 52 days old
âïž 35 ATR
âïž Under VWAP
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the commentsđđ
If you like the idea, please give it a like. This is the best "Thank you!" for the author đ
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Right now a lot of people are trapped and can be liquidated, that's why I plan to take short
From technical point of view:
âïž BTC bearish
âïž Level is seen on all timeframes
âïž Volume is at top
âïž 6th touch
âïž Level is 52 days old
âïž 35 ATR
âïž Under VWAP
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the commentsđđ
If you like the idea, please give it a like. This is the best "Thank you!" for the author đ
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
đif you want to join a private community to follow my trades, explore trading plans and chat with real traders đ bit.ly/AdminKeps
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