$MYX —This is what you call precision win. Congrats!
What's Next? Reclaim of 0.087 support will create a higher low & potential for upside move, until then bears still have the structural advantage.
dr_mt
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Bearish
$MYX SIGNAL ALERT W/ SHORT SETUP !
Detailed Analysis 👇
SHORT ENTRY : 0.1159-0.12
TAKE PROFITS : 0.108, 0.0992 & 0.0869
STOP LOSS : 0.1323
*$MYX saw a dramatic increase from 0.85 to 0.126, however after a bullish rally traders are now choosing to cash on their positions. RSI is curving down and now is in 50s. On 1HR TF MA(7) has already been crossed & if MA(25) is also crossed then we'll have our bearish momentum confirmed. Expect a small bounce for retest around 0.103 to 0.1169, an ideal pace to short this setup! Know your risks before committing to a trade.
DYOR
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dr_mt
#ArbitrageTradingStrategy
Detailed Analysis 👇
SHORT ENTRY : 0.1159-0.12
TAKE PROFITS : 0.108, 0.0992 & 0.0869
STOP LOSS : 0.1323
*$MYX saw a dramatic increase from 0.85 to 0.126, however after a bullish rally traders are now choosing to cash on their positions. RSI is curving down and now is in 50s. On 1HR TF MA(7) has already been crossed & if MA(25) is also crossed then we'll have our bearish momentum confirmed. Expect a small bounce for retest around 0.103 to 0.1169, an ideal pace to short this setup! Know your risks before committing to a trade.
DYOR
Follow me
dr_mt
#ArbitrageTradingStrategy
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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