NEXT STEPS FOR $ALPACA'S 45.41% SHORT PROFIT?
In just nine days and twenty hours following the latest rejection of ALPACA at 0.30, we have made an incredible profit of 45.41%. We were also able to examine the likelihood that ALPACA would hold a certain support during this time period. According to what we can observe, ALPACA may keep moving in a range manner until it chooses to either breakout or break down. The range that is visible may occur between 0.135-0.184. However, we do not rule out the potential of a complete breakdown.
THIS IS HOW WE DID IT: A 36.83 RRR IS AN AMAZING FEAT IN TRADING.
With strong sell orders for $REEF between 0.0016-0.0017 and 0.0020-0.0021, we are now getting close to the price. We have carefully examined the overall increase following our entry, which is 138.34%, and the risk to reward ratio, which is 36.83 with a risk of 3.76%, as we get closer to these high sell order zones. This explains in great detail how it is very likely that a sniping entrance will result in a little percentage loss and a huge percentage profit.
This is what we did.
To draw conclusions, a thorough analysis of REEF's price was conducted. The price was already in an oversold state after moving below the primary significant support, which was located between 0.0012 and 0.0016. We have determined that REEF's market structure differs from that of other cryptocurrencies. The majority of the cryptocurrencies to which we have compared it have strong primary and secondary support. REEF had already begun to exhibit signs of deterioration before continuing to decrease. As a result, we have used the law of motion, which states that "for every action, there is an equal and opposite reaction." Therefore, the bounce that may have occurred—and actually did—is the appropriate equal and opposite reaction to the abrupt downward movement. Last but not least, since the general dread was already causing nearly everyone to panic sell, we have done the exact opposite. This is known as reverse psychology, and it is a typical winning formula in the cryptocurrency market, where we get bolder the more afraid the market gets.
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Stay wise, trade cautiously.