*Sigh* I know what you are going to say.. "Im an idiot"
Actually. I am just trading my plan...
I had a meme idea. Lets long this instrument with pure techicals. Ride the possibility of a retest of resistance at $50 and set targets,
1st target. $5
2nd target $47
If this happens to be correct. I am F genious. Look I just work at a bank, to be able to say the least that this is a gamble
And if you do fall into the red. Pull your positions. Good luck everyone.
Trade active
Sadly enough on my travels as a veteran trader, I had a meme idea. Lets long this instrument. Looking at BCOIN volume in febuary 2017. (Yeah that month BCOIN went to the moon.) A note from the market cap from this time period was around $70 - 100m Terra Classic achieved over $100.00 in value in history. So whats driving my idea? Its the volume. The volume of BCOIN in march 2017 surged to 200 million over a 24hr period. As simple as it is.
Holders of terra have increased by 500% And fundamentally. The current market cap is in the range of $200 million - 250 million US dollars. Binance just agreed on listing Id assume with whats going on there.. Anyway That is why at this price. At a whopping 0.00007000 I am long. Ride the possibility of a retest of resistance at $50 and set targets,
1st target. $5
2nd target $47
I would like to see the monthly spike all the way up and take any profits. If this happens to be correct. I am F genius. Look I just work at a prop firm, this is a complete gamble of my own money.
I was long just around 0.00007000 This is not trading advice its just my sole opinion. Id like to warn you that this is not probrably a good idea. I have 10 years experience, but apart from that , this is a meme. I thought Id get involved. And if you do fall into the red. Pull your positions. If you find this interesting hit the upvote! Good luck everyone.
Note
If you havent lastly been hearing, The UK are sending out 2 stimulus checks starting from july,. I have a bet that this will just like in the covid crisis, move the crypto markets. If I have anything to update I will add it below. Have a good one.
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