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desmosalierri
Nov 20, 2021 8:43 AM

Short-Term ABC correction ~ 21 Nov.  Short

Enjin Coin / TetherUSBinance

Description

ENJUSDT completed a 5 Wave movement,and most likely it will drop down A-B-C style, first to 3.4$ and then 3.2.Most likely they will be followed by a generous pump.
on a 15 min timeframe, MACD histogram started ticking downwards, and RSI was at a max high.
Comments
mspj21
I've been fked so hard. down 80% because of a stupid signal. could u provide an answer? thanks
desmosalierri
@mspj21 I'm struggling to see how you lost 80%, friend....
This was one of my most stress-free trades. If you believe in a chart/ movement/ pattern, set your stop-losses and stick to them, no matter what.
mspj21
@desmosalierri, My position was so big and I avg down until a point where my liquidation price was 0.005 above this trash's low in the last week. It hit my liquidation price and jumped back up right away. I like you was confident on its rise in short term but decided to avoid risk management. good analysis and GL on your trade
desmosalierri
@mspj21, what helped a lot in my recent trades, was setting an OCO order on Binance (with both my target and stop-loss) and just forgetting about the trade for a while.
all the best, friend!
mspj21
@desmosalierri, good luck on your trade, I live in US and I use Ku Coin as its the only broker with leverage available to US residents (you know how shitty thief they are compared to binance :) ).
mspj21
Hi are we still enrout to wave A?
trytofeelpositive
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