TP: Last≤10.560 SL: Last≥11.820 Maybe you could let half of your TP run farther, as the price goes down.
BINANCE:MATICUSDT This looks like a great entry for a low/medium leverage (5-10x) Short. *This is not financial or investment advice. BINANCE:MATICUSDT
Here is the plan. Red Zone- RIP your money Yellow Zone- Accumulate Green Zone-Scale out/HODL Purple Zone-Make Ferrari purchase... -vg //I am not a financial advisor
Entry Price, Stop Loss, Take Profit, and Liquidation Price are all labeled. Leverage Used: 5x (Short) - Isolated Marigin Please let me know what you think in the comments! * I am not a financial advisor. These charts I provide for free are brief explanations of current trades I am in. Thanks!
Possible situation #1 is for the next 2 decades, we go up and down, destroying most OTM calls/puts and options sellers win overall option #2, we are headed to a devestating crash if all of the small caps and even some major mid caps have declined 50-90% over the past two years or so, it could be a tell tale sign for the blue chips/largecaps/etc I do not see...
The yellow dotted lines show major S/R lines. The plain yellow line shows where you should place your trailing S/L price.
This chart shows my long-term prediction for how to accumulate BTC at the best price, relative to time. This chart also shows when to short and long BTC in until that time!
The Green channel shows oversold territory. The Red Channel shows overbought. The Red Bubble shows my prediction for where the price will be in a few weeks.
TP is shown, SL @ 77.2 , new SL set when price enters "TP range"
Quick drawing showing previous TA trendlines being drawn again to mimic future loss. The pink squiggly line represents the future price of LUNA following the proper downtrend!
Declining volume with rising price=bearish activity, The orange channel shows the current uptrend we have been in(with declining volume.