#BLURUSDT.P - DEAD CAT BOUNCE ? I HOPE
I'm chasing Dead Catr Bounce in #BLURUSDT.P, where we just made a profit with short position. Although the phrase "falling knife is not kept" is a well-known phrase in these markets, this "DEad Cat Bounce" movement does not surprise me in such volatile coins with high volume.
It is worth trying with a short stop loss. At the same time, the fact that the price is holding in the Support Band is reassuring for now. While my short target is 0.2050 level, I plan to move 30% of my position up to 0.2280 levels if there is no stop.
Good Luck...
Not Investment Advice...
It is worth trying with a short stop loss. At the same time, the fact that the price is holding in the Support Band is reassuring for now. While my short target is 0.2050 level, I plan to move 30% of my position up to 0.2280 levels if there is no stop.
Good Luck...
Not Investment Advice...
Trade active:
Yeah, dead cat bounce worked and it didn't let me down. Thank you #BLURUSDT.P :) We made two gains in one night and now we have our eyes on the big target, namely 0.22-23 levels.
I closed 70% of my position at 0.2050 and I will try to move the rest to the 0.2250-0.2300 band by carrying stop loss. Pleasant morning to everyone, my trade is over for today. See you tomorrow.
Good Luck ...
None of my statements are investment advice!!!
I closed 70% of my position at 0.2050 and I will try to move the rest to the 0.2250-0.2300 band by carrying stop loss. Pleasant morning to everyone, my trade is over for today. See you tomorrow.
Good Luck ...
None of my statements are investment advice!!!
Trade closed: target reached