Just recently opened a SEI short.
85% tp @ 0.3175
close @ $0.0.285
Potential early 70% partial at 0.33
Based on higher timeframes it seems like the market wants a lower price as it keeps getting rejected. Failed to close the week back above the 0.348 level. Attempt to push up today and was met with more selling pressure.
Hence am anticipating that the market will make a new low....the targets I have I would say are conservative> I could see it falling to $0.285 but maybe after another correction, I don't expect it to fall in straight line.
85% tp @ 0.3175
close @ $0.0.285
Potential early 70% partial at 0.33
Based on higher timeframes it seems like the market wants a lower price as it keeps getting rejected. Failed to close the week back above the 0.348 level. Attempt to push up today and was met with more selling pressure.
Hence am anticipating that the market will make a new low....the targets I have I would say are conservative> I could see it falling to $0.285 but maybe after another correction, I don't expect it to fall in straight line.
Note
Close sei. Trade mismanage. Still think its a valid short just that it might correct higher
I trade using a process I developed called DTT. Direction, Target and Timing -A unique approach to find high probability trades consistently.Learn more about it below:
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t.co/qXkKeLxLYC
Crypto propfirm I use-24hr payouts:
t.co/GlE8tQRiuH
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.
I trade using a process I developed called DTT. Direction, Target and Timing -A unique approach to find high probability trades consistently.Learn more about it below:
t.co/qXkKeLxLYC
Crypto propfirm I use-24hr payouts:
t.co/GlE8tQRiuH
t.co/qXkKeLxLYC
Crypto propfirm I use-24hr payouts:
t.co/GlE8tQRiuH
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.