Gunslinger2005

storj weekly pivot reversion short swing

Short
BINANCE:STORJUSDT.P   Storj / TetherUS PERPETUAL CONTRACT
That is a deep weekly pivot forming. And those usually always get tested and pull price action right back to them once they are. It could still rise in this last day of price action before the weekly close. However it will just mean retrace from a bit higher. You could manage such a trade with averaging short entry up in increase quantities until the reversion starts. or you can simply use this as indication to be patient and do not fomo into this at the current time.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.