ohmypolo

Again FRONTUSDT irrational

Short
ohmypolo Updated   
BYBIT:FRONTUSDT.P   FRONTUSDT Perpetual Contract
I can't believe how does this coin live. BTC is going down, meh, I don't care!

This is my third try with this chart. I can clearly see Head and Shoulders pattern. I've shorted with only conservative scenario as I am going to sleep soon :)

p.s.: I feel like there is someone behind this coin. I mean market maker or "big money" with its own targets in mind. Maybe he draws that fancy patterns to attract more short sales. I was punished at my first time when I stepped into this coin without SL.
Trade closed: stop reached:
I was taken away by my stop-loss at 1,97245. I don't know how to deal with this coin :) I am pretty sure that later this nigh we will reach the target. But... I am done for today. I've lost ~80% of my depo because yesterday when I tried to trade this coin for the first time.
Trade closed: target reached:
It's funny but the price reached its target this night! 3 days on 15MIN chart haha, but anyway :)
Trade closed: target reached:
UPD: One month later price is 0.83 which is equal to -50%.
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