BONK / TetherUSLong
BONK 4H. Big Swing Ahead. 12/14/24
After reaching a local high, the price retraced and moved into a correction phase. During this correction, the support level at $0.003183 was held, indicating bullish sentiment among buyers.
It’s worth considering opening a position from the current levels, whether for spot trading or a swing position on futures (with low leverage and a small percentage of your deposit). For those concerned about drawdowns, positions can also be accumulated or added from the support level at $0.003183.
Here are my parameters:
Entry Point (EP): Current price
Take Profit (TP): $0.005553, $0.006426, $0.007446
Stop Loss (SL): $0.002587
But remember: your money — your responsibility!
P.S.: I'm aware of the additional zeroes after the decimal; they’ve been omitted for simplicity. All levels are shown on the chart!
DYOR.
It’s worth considering opening a position from the current levels, whether for spot trading or a swing position on futures (with low leverage and a small percentage of your deposit). For those concerned about drawdowns, positions can also be accumulated or added from the support level at $0.003183.
Here are my parameters:
Entry Point (EP): Current price
Take Profit (TP): $0.005553, $0.006426, $0.007446
Stop Loss (SL): $0.002587
But remember: your money — your responsibility!
P.S.: I'm aware of the additional zeroes after the decimal; they’ve been omitted for simplicity. All levels are shown on the chart!
DYOR.
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.
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.