Time To Short PeopleBased on the market structure, in M15 timeframe it will continue to go down.
the RSI already makes Hidden Bearish.
so let's wait some EngulfCandles, doji, etc.
PEOPLEUSDTPERP
short people usdt perpPeopleusdtperp
Short
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Do your Own RESEARCH always
Short - 0.04932
S/L - 0.05228
Tp 1 - 0.04652
Tp 2 - 0.04471
Tp 3 - 0.04316
Tp 4 - 0.04190
Tp 5 - 0.04044
Keep leverage between 2-4x (big capital)
Or 3-5x (small capital)
PEOPLEPEOPLE approaching Golden Pocket (0.0626 to 0.0599) of Fib Retracement from January 24th.
It might bounce off GP into daily Resistance.
or
Arc from the middle of strong Downtrend channel.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
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PEOPLE/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick PEOPLE/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-PEOPLE/USDT Rising wedge pattern create continue bullish Trend and buy the green zone
Entry:-CMP and BUY THE GREEN ZONE
Target:- 50% to 70%
Stop loss:- 0.0727
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
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