PEOPLEUSDT URGENT Update - We're in a critical area!!
Updated
PEOPLEUSDT PEOPLEUSDTPEOPLEUSDTPeople Crypto Coin URGENT UPDATE
PEOPLEUSDT is at a critical Fib Golden Pocket area. Price could bounce here or break down. I give you my analysis and how I'm trading this.
A pennant has developed - the video explains scenarios for trading it and I look at a few areas of confluence.
I look at a TPO chart and explain the reasoning for how I'm trading this today.
The 30m Imbalance chart is possibly telling us what is ahead.
Tight stops if you are entering at this region. Place stops in profit as soon as you can. The lower the risk, the better
Not Financial Advice. DYOR. Papertrade before trading with real money.
Note
Retested and rejected at the Golden pocket. I put in a hedge short that is now in profit. Will keep that trade open if BTC does not hold $28900. Stops in profit for that one. Long trade still open. Will close it if btc drops below $28900. If it bounces here I'll DCA the long trade. Possibly make money in a long and short
Note
Possible failed auction taking place on BTC. Careful in your short if you have one openNote
Stayed in the long. DCA'd on the drop. Stopped out in profit
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