Longterm bearish on this coin but opportunity to profit needs to be taken. Here we are also seeing some divergence in price/macd and it can show us that the buy side is getting stronger at this level. For us this is a LONG position with a tight stop loss. I belive that the price is going to go up and see a potential to rise back to 19th to 25th of February levels. We set a stop loss somewhere in a red zone where we will be closing the trade if price goes against us. Some favourable RR here and we are taking the trade.
Trade smart
Trade smart
Comment:
Moving stop to 0.000024
Trade closed: stop reached