News emerged that market maker Wintermute has started selling off tokens including ACT, TST, DF, DEXE, KAVA, HIPPO, LUMIA, BANANAS31, and QUICK. Many of these assets have dropped by 20-50%. Let's analyze one of them.
From the cluster chart, we identified a buyer absorbing the market aggression of sellers. If the price returns to the $13-$12 zone, we will monitor the reaction and enter a long position if confirmation appears.
This trade is suitable for intraday traders and scalpers, as it carries increased risk
From the cluster chart, we identified a buyer absorbing the market aggression of sellers. If the price returns to the $13-$12 zone, we will monitor the reaction and enter a long position if confirmation appears.
This trade is suitable for intraday traders and scalpers, as it carries increased risk
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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.
Unlock your potential in trading
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.