i will enter an order for a short position on XMR at 158.5$ (current price 157.30$)
STOP LOSS if 4h candle closes above 160$ which is a 0.8% loss
the risk of 0.8% is minimal,so i will use 3x.max loss 2.4%
TAKE PROFIT will be 151.5$ which is 4.4% and 13.2% with leverage.
i believe that in the next couple of days some manipulation at the price of ptc will come and see 19150$ which
means that overextended alts will dip too.
if the order is not executed and the situation changes,i will update the idea here.
FOLLOW FOR MORE!
STOP LOSS if 4h candle closes above 160$ which is a 0.8% loss
the risk of 0.8% is minimal,so i will use 3x.max loss 2.4%
TAKE PROFIT will be 151.5$ which is 4.4% and 13.2% with leverage.
i believe that in the next couple of days some manipulation at the price of ptc will come and see 19150$ which
means that overextended alts will dip too.
if the order is not executed and the situation changes,i will update the idea here.
FOLLOW FOR MORE!
Order cancelled:
i did not get the entry i wanted ,it only went up to 158.
so i am cancelling my order, therefore this whole trade.
so i am cancelling my order, therefore this whole trade.