This is another NO FOMO coin but a member in our free and friendly discord (check my profile for a link) asked for an analysis.
You're in a good trade. Its overbought, its in a rising wedge. But look at the momentum it has. I'd be moving my stop loss up but I'd ride this a bit longer. I haven't done any research into the coin so I'm not sure the cause of the run-up right now. Enjoy the profits, watch for a drop off but I think she has some room left in her.
You're in a good trade. Its overbought, its in a rising wedge. But look at the momentum it has. I'd be moving my stop loss up but I'd ride this a bit longer. I haven't done any research into the coin so I'm not sure the cause of the run-up right now. Enjoy the profits, watch for a drop off but I think she has some room left in her.
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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.