FET short Idea
We had a nice rally along side BTC and the rest of the market including the stock market.
In our previous Long trade we took some advantages of this rally.
I will be entering a short from this position for these reasons:
- Lower low and lower highs
- the 21 EMA&SMA has been a significant level where price rejected on corrective rallies
- Very strong support at the bottom of the range channel including the bull market support band
- Also with all the bankruptcy rumours and FUD - not a fan
Target: 0.49
Happy trading everyone
In our previous Long trade we took some advantages of this rally.
I will be entering a short from this position for these reasons:
- Lower low and lower highs
- the 21 EMA&SMA has been a significant level where price rejected on corrective rallies
- Very strong support at the bottom of the range channel including the bull market support band
- Also with all the bankruptcy rumours and FUD - not a fan
Target: 0.49
Happy trading everyone
İşlem kapandı: durdurma seviyesi
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.