PNUT - Strong Support - LONG - 4 hour
*This is a new setup, better confirmed but very risky with a very tight stop. Be careful.
We are at a strong support level. Get ready for a significant move. If BTC doesn't have an impact, we could reach a favorable price level.
T1: 1.18 - 1.20 (protect trade) - 4 hour
T2: 1.35 (partial or close) - 4 hour
T3: 1.50 (close) - daily
We are at a strong support level. Get ready for a significant move. If BTC doesn't have an impact, we could reach a favorable price level.
T1: 1.18 - 1.20 (protect trade) - 4 hour
T2: 1.35 (partial or close) - 4 hour
T3: 1.50 (close) - daily
Trade active
Protect trade now. The volatility is aggressive, you have to constantly protect the trade. i will take partial at 1.5 and let it continue. It has the strength to continue rising but it is volatile.Note
Stop loss at 1.25 Trade closed: target reached
Closed with a 2:1 benefit at 1.25 by stop loss. T1 and T2 reached.
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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.