SaltSugar

Long GHST/BUSD D1

Long
SaltSugar Updated   
GHST Entry: 1.15-1.165
SL: 0.9 (confirmation on H4)
TP 1: 1.8 (30-50%). More conservative: 1.48 (25%), 1.8 (25-30%)
TP 2: 3 (25%)
Remainder (25%): trailing SL, excessive volume, culmination.


Why trade?

1/ FA: gaming narrative (AXS/BTC which made 900% since beginning of July, SAND/BTC cathing up...)
2/ MA squeeze on D1, breakout on H4 (trading above EMA 200 on H4)
3/ decent volume on h4 and a wide-spread bar
4/ slow bleeding on declining volume since May, 19


p.s. GHST - native aavegothci (gaming) token. Decent project. Used to play for a little while....
Comment:
TP1 (conservative) reached. Decided to fix 20%
Trade active:
Great! TP1 ($1.8) reached. Have fixed 40%.
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