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Serene_Crypto

ROOK 4h Breakdown short

Short
Serene_Crypto  
FTX:ROOKPERP   None
Trend Analysis rook Cryptocurrency short
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trendanalysis rook cryptocurrency short
Setup: ROOK is testing its last all time low which is the green line. It is getting squeezed by the 8 EMA and there is a descending triangle formed, signaling a breakdown is happening. When the breakdown occurs, ROOK will be at an all time low

Entry: 1 ATR below the green line at 97.21

SL: 108.45( trail using 1 ATR above 8 ema)

TP: Trail using 1 ATR above 8 ema)
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