Reviewed this coin earlier but didn't actually make the trade. Now looking for new entries.
Entry option 1 - price comes down a bit to around 45k sats. This is top of the channel I drew based on long-term price review. There's also a bit of a support level below, so entry would be closer to support than resistance. Upside 9-10% and SL at -4%.
Entry option 2 - price comes down to and gets support of the 200EMA or 200SMA or even further to about 40k sats (support level based on VPVR). Upside 14-15% and SL at -6%
Entry option 3 - price breaks current resistance and find support. Would be looking to buy there. I'm long-term bullish on exchange tokens. Not sure how far price would go but there appears to a light S/R level at 52.6k sats
Long-term view
Entry option 1 - price comes down a bit to around 45k sats. This is top of the channel I drew based on long-term price review. There's also a bit of a support level below, so entry would be closer to support than resistance. Upside 9-10% and SL at -4%.
Entry option 2 - price comes down to and gets support of the 200EMA or 200SMA or even further to about 40k sats (support level based on VPVR). Upside 14-15% and SL at -6%
Entry option 3 - price breaks current resistance and find support. Would be looking to buy there. I'm long-term bullish on exchange tokens. Not sure how far price would go but there appears to a light S/R level at 52.6k sats
Long-term view
Trade active:
Just missed my entry range. Still hoping for a chance if BTC dumps
Trade closed: stop reached