After the first run Wormhole is giving another chance at a strong demand level.
buy: 0.50~0.55
target1: 0.634
mid channel. you can move your SL to entry at this point
target2: 0.748
upper band. take out half position here
target3: 1.11
first dead cat bounce top. here most spot buyers that got trapped will sell. don't risk your gains and close the position.
Let's see if this time it can reach the 3rd target!!
part 1:![[LONG] Wormhole going for the binance listing pattern](https://s3.tradingview.com/k/KDroVJOj_mid.png)
buy: 0.50~0.55
target1: 0.634
mid channel. you can move your SL to entry at this point
target2: 0.748
upper band. take out half position here
target3: 1.11
first dead cat bounce top. here most spot buyers that got trapped will sell. don't risk your gains and close the position.
Let's see if this time it can reach the 3rd target!!
part 1:
![[LONG] Wormhole going for the binance listing pattern](https://s3.tradingview.com/k/KDroVJOj_mid.png)
Trade closed: stop reached
you can't win them all...Related publications
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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.
Related publications
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.