I am eyeing this one purely based on a good entry.
I'm afraid I'm not that confident with this one, but I took an entry at 29 sats.
Aiming for : T1 - 38 sats T2 - 45 sats
If this coin follows ERD, 58 sat is also on the table.
Th thing is, outside of this falling wedge, the chart is extremely bearish. We just went into ATL around 27 sats, and we got rejected at the eMA, signaling a bearish trend.
This is why I dim this as a high risk trade.
My stop loss will be tight as well.
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It's looking ok so far. What I ideally want to see now is a return to 33 sats levels, then I would be sure this trade is going where I want it to go.
But it's still extremely risky. I have seen this kind of scenarios turn incredibly wrong, so please stop loss tight around 26 sats
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It's looking like garbage
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If it doesn't go up, targets are : 25 sats 20 sats
Trade closed: stop reached
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Shitcoin
Trade active
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Re opening this trade. I have not sold yet, but looking like there's movement.