CraftyChaos

CROSUSD Rising Wedge Break

Short
CraftyChaos Updated   
COINBASE:CROUSD   Crypto.com Coin
CROUSD

  • Rising Wedge abt 75% to apex
  • Decreasing Weis Wave Volume
  • Volume Profile Resistance unbroken
  • Increasing Downward Velocity
  • MACD Signal Down
  • Short and Long Term MFI Down

Price Object back to longer term trendline
Trade active:
Full disclosure: I entered a 5x short @ 0.1510 on 08/15
Comment:
Still in my short position

Trade closed manually:
I have closed my short position for a profit of $168.80

Comment:
I closed my positions because bitty is dancing around a trend line, and I decided it was a good point to take profit. If downtrend continues and seems rewarding, I may reopen my short, but further confirmation is required.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.