Composite Man eats SUSHI for breakfast
Updated
While BTC is up 40% from it's low, SUSHI tanked so low that taking a long trade from here gives you 2.61 in the worst case scenario if it finds resistance at Point Of Control around $1.047.
The logic of this trade based on the idea that BTC will continue going relatively flat giving time ALTs for "Pump & Dump" scenario, so CM will be able to make money to buy a new ferrari.
Considering that the risk is so low and we are extremely low even at the 1D/2D/4D timeframes I guess this risk worth to be taken.
The logic of this trade based on the idea that BTC will continue going relatively flat giving time ALTs for "Pump & Dump" scenario, so CM will be able to make money to buy a new ferrari.
Considering that the risk is so low and we are extremely low even at the 1D/2D/4D timeframes I guess this risk worth to be taken.
Note
Green area between green dashed lines is where i expect the price action to begin reversing using Multitimeframe analysis. Trade active
Trade opened. This is pretty speculative setup, but the risk/reward make it sensible Note
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