In nearly a year, this coin has grown up almost 30 times, I think it's time to bring it back to the ground.
A few signs indicate that the bullish momentum and the volume of this coin are decreasing.
Price action in a sensitive price zone between $ 28-34.5 can tell us what to do.
I set up a sell order at $ 32 to test my point and waiting for my profit, or if wrong I will stop loss at 35 $.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Above is my personal opinion, I do not encourage anyone to follow suit, please manage your money, Good luck!
Xin Liar
Trade closed: stop reached
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Trade active
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The price broke the resistance level of the bull channel and caused the stop loss to trigger. However, the long shadow of 1H candle entered the price channel saying that everything is fine.
every crypto has gone up more than 30 times and even 100 times. If you think this is an indicator in today's market, you might as well don't trade crypto.
This is a highly volatile market, anything can happen.
The 30x increase in the price of this currency is not a sign that we think it will go down. You can look at the chart and the price is hitting a strong resistance, where traders will take profits based on the Fibonacci level
No one is sure their prediction is 100% certain.
As reminded viewers, my prediction is for reference, it's not financial advice.
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Best regards and good luck,
Xin Liar