Hi,
This is iJustCoin, the one lucky BEAR who puts honey where his mouth is! :)
Don't allow the price action to bamboozle you! Rising price action should not confuse anyone and turn you bullish even short-term. This is just an opportunity to take another short-trade.
And here is why:
- 12H and 1D timeframes are showing rising selling volume , we must respect that
- Price might pop up and hit a higher price levels at 9.6XX, so we are ready to sell there as well
- I expect the price action to go even lower, so i will take profit using just a part of my position at $8.5XX
======
Click like and make sure you are following me on TradingView!
Feel free to ask me any questions related to the idea in the comment section - i'll be glad to reply.
======
***
Chart Code:
Red Dashed Lines - Downward Reversal Momentum
Green Dashed Lines - Upward Reversal Momentum
Green Rectangle - Buying Area
Red Rectangle - Selling Area
Red Line - Stop Loss
Green Line - Take Profit
Golden Line - Entry point
Bold Aqua Curved Line - Estimate Price Direction
Yellow Dotted Lines - Estimate Timerange of the price target might be getting hit
***
Good Luck, Bye-bye!
And remember this market doesn't respect doubters!
This is iJustCoin, the one lucky BEAR who puts honey where his mouth is! :)
Don't allow the price action to bamboozle you! Rising price action should not confuse anyone and turn you bullish even short-term. This is just an opportunity to take another short-trade.
And here is why:
- 12H and 1D timeframes are showing rising selling volume , we must respect that
- Price might pop up and hit a higher price levels at 9.6XX, so we are ready to sell there as well
- I expect the price action to go even lower, so i will take profit using just a part of my position at $8.5XX
======
Click like and make sure you are following me on TradingView!
Feel free to ask me any questions related to the idea in the comment section - i'll be glad to reply.
======
***
Chart Code:
Red Dashed Lines - Downward Reversal Momentum
Green Dashed Lines - Upward Reversal Momentum
Green Rectangle - Buying Area
Red Rectangle - Selling Area
Red Line - Stop Loss
Green Line - Take Profit
Golden Line - Entry point
Bold Aqua Curved Line - Estimate Price Direction
Yellow Dotted Lines - Estimate Timerange of the price target might be getting hit
***
Good Luck, Bye-bye!
And remember this market doesn't respect doubters!
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.