Hey guys, coming at you today with a fresh #BMTUSDT.P analysis!
📊 Looking at the chart, I think I’ve made everything pretty clear, so there’s not much to explain.
✅ To keep it short and sweet: I’m planning to sell around $0.26-$0.27 and ride it down to the $0.18-$0.19 range.
🚀 Wishing you all some solid green days ahead! Drop your thoughts in the comments…
⚠️ Manage your risk, stay in the game.
#BINANCIEGA #BMTUSDTARMY #ALYANALYSIS
📊 Looking at the chart, I think I’ve made everything pretty clear, so there’s not much to explain.
✅ To keep it short and sweet: I’m planning to sell around $0.26-$0.27 and ride it down to the $0.18-$0.19 range.
🚀 Wishing you all some solid green days ahead! Drop your thoughts in the comments…
⚠️ Manage your risk, stay in the game.
#BINANCIEGA #BMTUSDTARMY #ALYANALYSIS
Trade active
What a lovely trade :)Note
Hello, my fellow trading enthusiasts! :) Let's update our analysis...Yesterday, our #BMTUSDT.P analysis played out perfectly, delivering some solid gains! 😎
Once again, we went short hunting and caught a great move! We identified the dead cat bounce retracement on #BMTUSDT.P, entering a short position at $0.260 - $0.270 with pinpoint accuracy. The price then followed our lead all the way down to $0.20 - $0.21. Luck was on our side! 🚀
Now, our final target at $0.18 remains. I have already taken profit on 80% of my position, and I have set my TP at $0.18 for the remaining part. Opening a new short position at these levels carries high risk because the stop-loss level would be too far, resulting in a poor risk-reward ratio of 1:1. The short setup in my chart is just for illustration to show the final step. Taking a position here would be risky, as the price could quickly bounce back to $0.25 due to potential stop-hunting activities.
Remember, this is not gambling or a game—always consider all possibilities and minimize your risks.
It was a great and profitable trade! Looking forward to catching up in my next analysis! 🚀📉
Manage your risk, stay in the game! 🎯🔥
#AlyAnaliz #TradeSmart #CryptoVision #Binanciega #BMTUSDT
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Related publications
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.