Pepe has been in a 2 month range. Throughout the range I can see that there was market participants accumulating supply (check OBV).
I'm looking to play this breakout, stops set on 1x ATR. If it doesn't break, good, let it range more, and then we'll come back to the next time that it will breakout. Either-way if given that PEPE ranges for longer in a bull market, it will be good to catch the next breakout, since the longer the range the nastier the breakout.
There are a few other catylsts as well to push the price up (CB listing, etc.) I have not taken that into account and this is purely a price/technicals based entry.
I'm looking to play this breakout, stops set on 1x ATR. If it doesn't break, good, let it range more, and then we'll come back to the next time that it will breakout. Either-way if given that PEPE ranges for longer in a bull market, it will be good to catch the next breakout, since the longer the range the nastier the breakout.
There are a few other catylsts as well to push the price up (CB listing, etc.) I have not taken that into account and this is purely a price/technicals based entry.
コメント:
Pepe is currently trying to breakout. Let's see how this goes.
コメント:
My stop loss will probably be hit tomorrow if this breakout is not successful.
コメント:
I expect a red candle to retest any moment.
コメント:
Red candle is here! Now we wait
コメント:
Long awaited retest comes.. Lol, probably a good time to pyramid longs
コメント:
NGL chart structure loooks good and all, I might consider adding to my position here.
コメント:
I have added to my long position. Godspeed.
コメント:
Also I got stopped out btw. Good trade la, wished it could have been longer.
手動でトレードを終了しました:
+5. something R forgot lol