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realmadrid2015b15
Aug 8, 2023 1:53 PM

Dump coming soon, be CAREFUL Short

KUCOIN:TARAUSDT1W
Taraxa Coin / TetherKuCoin

Description

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Tarausdt has already pumped more than 900% in 1 month. Now it reached resistance area. Whales are using same tactics it seems as you can see. with such a crazy pump, crazy dump usually follows. also, RSI in overbought territory.

i expect Tarausdt to correct to 0,0054, it can go even to 0,0045.



KUCOIN:TARAUSDT MEXC:TARAUSDT

Trade active

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Opened Short position around 0,0084.

Stop-loss at 0,011
take-profit at 0,0054, 0,0045.

Comment

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I moved my stop-loss much higher after seeing the breakout above 0,010.

Comment

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Everything is going according plan.

But i do want to ADJUST take-profit target. first target was 0,083, second 0,073, third 0,061.

There is also another target, but probability is lower now ,that is 0,054

Trade closed: target reached

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This trade was VERY succesfull and i have reached TAKE-profit target.
Trend AnalysisChart PatternsTechnical IndicatorsTARAUSDTkucointaraxaBitcoin (Cryptocurrency)cryptocoin
Comments
markjordan_23
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any update bro
realmadrid2015b15
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@markjordan_23, hallo bro. about taraxa? i already reached my take-profit target and closed the trade.
markjordan_23
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@realmadrid2015b15, Oh ok you not going to trade it again since it dropped alot since then?
Csancus
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profit soon, mate
realmadrid2015b15
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@Csancus, yes its happening already :)
realmadrid2015b15
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@realmadrid2015b15, yes thats right. usually i take my profit fast because if you wait very long and want to reach all your targets, soon the price starts to go up and then your profit will become less and even reach losses. so always take profit and be satisfied and move to the next coin.
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