Taraxa Coin / Tether
Short
Updated

Dump coming soon, be CAREFUL

494
Tarausdt has already pumped more than 900% in 1 month. Now it reached resistance area. Whales are using same tactics it seems as you can see. with such a crazy pump, crazy dump usually follows. also, RSI in overbought territory.

i expect Tarausdt to correct to 0,0054, it can go even to 0,0045.



TARAUSDT TARAUSDT
Trade active
Opened Short position around 0,0084.

Stop-loss at 0,011
take-profit at 0,0054, 0,0045.
Note
I moved my stop-loss much higher after seeing the breakout above 0,010.
Note
Everything is going according plan.

But i do want to ADJUST take-profit target. first target was 0,083, second 0,073, third 0,061.

There is also another target, but probability is lower now ,that is 0,054
Trade closed: target reached
This trade was VERY succesfull and i have reached TAKE-profit target.

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