ijustcoin

Composite Man eats SUSHI for breakfast

Lång
ijustcoin Uppdaterad   
BYBIT:SUSHIUSDT.P   SUSHIUSDT Perpetual Contract
While BTC is up 40% from it's low, SUSHI tanked so low that taking a long trade from here gives you 2.61 in the worst case scenario if it finds resistance at Point Of Control around $1.047.

The logic of this trade based on the idea that BTC will continue going relatively flat giving time ALTs for "Pump & Dump" scenario, so CM will be able to make money to buy a new ferrari.

Considering that the risk is so low and we are extremely low even at the 1D/2D/4D timeframes I guess this risk worth to be taken.
Kommentera:
Green area between green dashed lines is where i expect the price action to begin reversing using Multitimeframe analysis.

Handel aktiv:
Trade opened. This is pretty speculative setup, but the risk/reward make it sensible

Kommentera:
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.