TRADE OF THE DAY | RVN broke year old support pot. 18% Short
TRADE OF THE DAY | RVN broke year old support pot. 18% Short
Not an overly complex trade here, lost a support that has held of a year with the initial bounce momentum slowing down on the retrace it is shaping up for quite a nice entry with some strong resistances now between entry and Stop-loss and a very comfortable take profit target sitting inside the first key support. Please beware that BTC is insanely volatile at the moment with the current SEC impact - which put this as a higher risk trade regardless of the strong technicals.
Not an overly complex trade here, lost a support that has held of a year with the initial bounce momentum slowing down on the retrace it is shaping up for quite a nice entry with some strong resistances now between entry and Stop-loss and a very comfortable take profit target sitting inside the first key support. Please beware that BTC is insanely volatile at the moment with the current SEC impact - which put this as a higher risk trade regardless of the strong technicals.
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.