Short
Vtho short to $0.003020
I just now opened a short trade on vtho.
After a big correction I think finally this might be the end of it. So taking my chances. The downside potential is huge.
Its correcting on the weekly timeframe and hasn't reached a point of support yet, it has broken through prior support which tells me the demand is not strong in this area so am looking to short it down to $0.0302 area.
Quite likely I'll take profit along the way as it might be a long wait at at 0.03225 I'll be up like 4RR so make sense to take at least 50% there. It depends on the price action. I'll update below my decisions as the trade progress.
After a big correction I think finally this might be the end of it. So taking my chances. The downside potential is huge.
Its correcting on the weekly timeframe and hasn't reached a point of support yet, it has broken through prior support which tells me the demand is not strong in this area so am looking to short it down to $0.0302 area.
Quite likely I'll take profit along the way as it might be a long wait at at 0.03225 I'll be up like 4RR so make sense to take at least 50% there. It depends on the price action. I'll update below my decisions as the trade progress.
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.