Just now????? It closed where the SL was set, but I really think that if the hacking hadn't happened, it would have done what was expected 😭😭😭#BitcoinDropsBelow$80K
As I mentioned earlier, the bullish structure for $FARTCOIN is confirmed at 0.2020 and invalidated at 0.11 (approximately). As you can see in the first screenshot, I’ve already taken a position.
However, there are two points in the analysis to pay attention to, and they’re marked by Smart Money.
The first is 0.1381, the average opening point for shorts. The bears will probably want to push it back down.
The second is 0.1469, the opening point for longs. Those who can’t keep holding their long positions will exit at breakeven, or the bulls may try to push it up by taking advantage of some momentum.
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Okay…. Let’s see if I learned anything from what happened to me with $IRYS
I opened a long position in BULLA
However, I know the RSI is very, very overbought and has to come down.
But I think it’s going to go up and liquidate all of us who think it’s going to fall from here.
My strategy will be to move the SL up every hour so it closes in profit. And when it does the #ShortSqueeze , wait 5 minutes and see about entering a short position.