🔻 SHORT #MOVRUSDT
SHORT #MOVRUSDT from $25.405
30m TF. The instrument has formed a local support level with several confirmatory touches, which may indicate a cluster of stops of long participants behind them. The coin also breaks through the levels well on history and is currently moving in a downtrend, showing the presence of limit sellers with decreasing volumes.
I am considering consolidation near the level and impulse movement on the execution of stops.
30m TF. The instrument has formed a local support level with several confirmatory touches, which may indicate a cluster of stops of long participants behind them. The coin also breaks through the levels well on history and is currently moving in a downtrend, showing the presence of limit sellers with decreasing volumes.
I am considering consolidation near the level and impulse movement on the execution of stops.
Comment:
As we expected, the price consolidated near the level for some time
Trade closed: target reached:
The price broke through the marked level and we earned 10%.
Congratulations!
Congratulations!
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