$AUCTION MOVES CLOSELY TO OUR LONG LIMITS: WHAT'S THE NEXT PRICE ACTION?
AUCTION has been moving stagnantly and hasn't completely broken down to the limit orders we've highlighted. Although, we believe that the price action will continue to find the least possible prices for optimal long positions that every buyer will do. Hence, we've also took time to fulfill long limit entries at the probable key levels. This is our way of assessing the real value of AUCTION after its short-term decline following the ATH that has happened this year. More possibilities will open up once the market creates another possible shift and from there, we can open more trades.
PRICE ACTION OF $RENDER THAT PROVIDED 4K IN PROFIT: WHAT'S NEXT?
Our previous trades have shown significant profit taking including RENDER. The patience to look for the possibly rejection of BTC has paid off. While we're waiting for the possibility of BTC's breakout. We're also being patient in the event that another correction may ensue. As this may happen, our short positions will give us higher benefit than the long trades we've opened in the previous months.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
