The chart appears bullish, but the data is incomplete. However, it has been newly listed on Binance, Toobit, and other exchanges, making it highly risky for futures trading and leveraged scalping. This is definitely not suitable for beginners, as liquidation is lurking.
The distance between the 0.1600 level and the key 0.1350 level is 16%. For spot trading, it’s not bad, especially if you set a stop-loss around 0.1350, as that level is very important.
In any case, you already know—if it goes bullish, a 30% to 50% profit is easily achievable, but if it drops, a 20% decline is also very likely.
The distance between the 0.1600 level and the key 0.1350 level is 16%. For spot trading, it’s not bad, especially if you set a stop-loss around 0.1350, as that level is very important.
In any case, you already know—if it goes bullish, a 30% to 50% profit is easily achievable, but if it drops, a 20% decline is also very likely.
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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.
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.