Most cryptos have made a higher run this week, but volumes remain low. This indicates that this is simply a relief rally and likely to be short-lived. One exception is PowerLedger, which showed rising volume as prices increased, breaking out of its downtrend channel.
Prices have now paused and may possibly retrace, providing an opportunity to accumulate closer to the stop loss, which should be placed just below the breakout.
If this trade plays out, there is a possibility of trippling your outlay.
Although, as will all bets in this market, nothing is guaranteed!
Prices have now paused and may possibly retrace, providing an opportunity to accumulate closer to the stop loss, which should be placed just below the breakout.
If this trade plays out, there is a possibility of trippling your outlay.
Although, as will all bets in this market, nothing is guaranteed!
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.