Nothing all too technical besides the overextension that we have seen. Mostly a short-hunt in my opinion.
I am mostly founding this short on the recent performance
YFIUSDT had.
For those who are new, YFI is a genius-shitcoin that once was deemed to be the next btc I guess?
AFAIK there were no recent developments / implementations made but I stand to be corrected.
50% gain in this short period seems just too much eh?
Perhaps it is a bit more overextended compared to
BTCUSD but in a more distilled way. Shitcoins like this paint a perfect picture of the human greed and we can sometimes use them as refrences.
TP's really arbitrary, yet I am following a close line around the ascending diagonal line cause it might act as a support.
I am mostly founding this short on the recent performance
YFIUSDT had. For those who are new, YFI is a genius-shitcoin that once was deemed to be the next btc I guess?
AFAIK there were no recent developments / implementations made but I stand to be corrected.
50% gain in this short period seems just too much eh?
Perhaps it is a bit more overextended compared to
BTCUSD but in a more distilled way. Shitcoins like this paint a perfect picture of the human greed and we can sometimes use them as refrences. TP's really arbitrary, yet I am following a close line around the ascending diagonal line cause it might act as a support.
Dagangan aktif
Almost stopped but not prosition seems to be in the green. Not really convincing yet.Dagangan ditutup: hentian tercapai
Good setup, bad entry / positioning. Trade closed.
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.
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.