KSM / TetherUSShort
KSM triangle breakout
Updated
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Kusama broke down this triangle📐 and I think there is chance for run to 15 and even lower which would mean -33% loss of value from current price. Setting SELL LIMIT order to previous range low to catch🎣 the pullback.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Kusama broke down this triangle📐 and I think there is chance for run to 15 and even lower which would mean -33% loss of value from current price. Setting SELL LIMIT order to previous range low to catch🎣 the pullback.
- ENTRY: local low @ 24.00
- STOPLOSS (SL): local high @ 26.08
- TARGET (TP): height of the triangle projected from midpoint of the local range (SELL LIMIT - STOPLOSS) @ 15.00
- REWARD RISK RATIO (RRR): 4.43
- INVALIDATION: when SL level hit
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Trade active
Order filled ✔️Trade closed: stop reached
Stoploss hit 🛑Maybe breaking to the other side (upside) or may just get broader triangle before downside breakout.
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