This is a very unusual thing for me to do, but small amount, a very high risk but very high reward trade.
PHB is a low cap token - I anticipate a 238% to a 1060% gain on BTC pair.
As I say this a shitcoin - so small trade only for a moonshot, Targets as on the chart.
I think if BTC dumps, this could be a whales hedge.
Also a project - binance recently invested in it-- so risk for it to be delisted is extremely low.
PHB is a low cap token - I anticipate a 238% to a 1060% gain on BTC pair.
As I say this a shitcoin - so small trade only for a moonshot, Targets as on the chart.
I think if BTC dumps, this could be a whales hedge.
Also a project - binance recently invested in it-- so risk for it to be delisted is extremely low.
Note
Another reason behind this trade. I use renko bars to understand the ranges. When we get a range of green renkos in next move- sell will be on the first red renko bar.
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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.