drgn looking goodim accumalating drgn down at these levels
could see a nice move coming soon and could be ready to break the down trend
DRGNPERP
Long on $DRGNPERP with target at $1347I am going to try to catch this falling one.
I am long on DRGN PERP.
My target is $1347 just below $1401 (one of the fib values)
$1401 is also where the main drop started.
The r/r is about 3.88
I lose small if my sl is hit.
This is set and forget trade.
I am putting a small investment into this. This is not the safest of all the coins.
SHORT - DRGN - Trading OpportunityFTX:DRGNPERP tried to break ATH resistance, seemed to succeed but has now broken down below support, retested it and continued to go down, will probably go back to previous supports. This is also an index based on a few chinese altcoins, and with the market being in a place where it's hard to gauge what's going to happen next, this probably is going to take a huge hit if things go south.
Entry: 1189.2
Target 1: 1078.8
Target 2: 993.2
SL: 1240.6
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