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AUCTION / TetherUS

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AUCTIONUSDT trade ideas

AUCTION /BUSD is an easy tradei really don't doubt that auction will hit a +15% the next few days but before that,i think it will revisit the 10$ level i will open a short position at 10.70 and will look for a single take profit point at 10.11 it's not a huge move so i will use a 3x leverage. in case it goes sideways i will cut my losses if 4hour candle closes above the descending line around 10.85. its a really tiny risk,just needs some attention for the candle closing. cant find tinier risk than that and it is supported both by patterns and indicators
Short
by POWcharts
2
AUCTIONUSDT(AUCTION) Daily tf Range Updated till 03-08-22AUCTIONUSDT(AUCTION) Daily timeframe range. i remember charting this alt some times ago. one of the thing you may notice that it got some good amount of gap between its range space. it had some continuous bleeding without any hold up or what so ever, so not much of reliable data their and that created those gaps. but good thing after a long low volume consolidation it retrace back to its old low. still there are not much of volume into it . so better trade it carefully until it sees more retail interest and quality fundamental sides.
by cryptoforever1