TradingView
AvenueWork
May 27, 2021 12:46 PM

Muh Alts :-( Short

DeFi Index Perpetual FuturesFTX

Description

It's that time of the year everyone. First targets are half off. This was a low risk trade at the .618 retrace. If stopped out, will look for shorts at .786 / .887 of the move.

Technical Analysis : As the market giveth, it will also taketh

Fundamentals Analysis : #elon2021

Comment

Depending on the type of reaction at the .50 will determine the trend. Expecting at minimum a bounce. This would need to break ATH in order to continue bull trend.

Comment

Bounce at .50 reject at 618.

Comment

A close above median would bring more f*ckery and sideways. Caution

Comment

In a perfect world, 200ma would act as resistance

Comment

Comment

Closed 75%

Trade closed manually

Good trade everyone. New chart soon

Trade active

Comment

The DCA Army Will Be Selling All Worthless Alts
get REKT

Comment

Trade closed: target reached

Comments
MoneyOrForexInMyName
Good stuff AvenueWork!
AvenueWork
@MoneyOrForexInMyName, Thx, I forget the COMP chart above LoL
BobRivera990
@AvenueWork
I like your work, keep it up ❤
AvenueWork
@BobRivera990, Thanks 👍
tantamount
Nice one!
AvenueWork
@tantamount, Scared the living crap out of me. Thought your brother died
Astark90
MashaAllah great analysis
AvenueWork
@Ali7861, jazakallah khayran
Astark90
@AvenueWork, You are a great brother, always taking time to reply to people - May Allah reward you inshaAllah
AvenueWork
@Ali7861, Alhumdulillah akhi. wa iyyakum
More