LOOM │ SHORT │ 22.10.2023
Updated
LOOMUSDT.P I give this recommendation very early. Although crypto can move at any second, we all know that =) The strength of this recommendation is that the coin will break its minimum prices, and besides, they don't let the instrument grow; it's stuck in a relatively narrow channel, and the price is dropping more and more to the critical price level.
Signals for level breakout
- bar/candles closure near the level;
- bar/candles closure near its high/low;
- close retest of the level;
- the instrument gradually approaches the level;
- accumulation of energy for level breakout;
- a good approach to the level;
- consolidation near the level;
- decrease in trading volumes before the level;
- a clear zone beyond the level;
- there is a reserve of calculated ATR;
- there is a reserve of technical ATR;
Trade Parameters
- Open: 0.0929440;
- Stop loss: 0.0982240;
- Take profit:
- 0.0771040;
- 0.0718240;
- 0.0665440;
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
Follow me and receive high-quality cryptocurrency market analysis! - Take profit:
- Stop loss: 0.0982240;
Note
I continue to wait.Note
I continue to wait.Note
I continue to wait.Although I have doubts that the instrument will decrease in price, especially if BTC continues to rise.
Note
I continue to wait.Note
I continue to wait.Note
I continue to wait.Order cancelled
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