taking a buy position at the marked imbalance $4.585 (the market usually changes direction after taking either an imbalance or sweeping liquidity or even both)
It’s a risky trade because we’re taking our entry from a targeted internal structure with a stop loss at $3.501 but the reward is worth it because we’ll make 5X of what we risk if the market plays well with a take profit of $10.132
Look the image below and DYOR. this is just a trade idea and not a financial advice
First trade idea for our $10-$8k (depending on the your capital tho) I recommend risking either $1 or $0.5 from it.
Trade idea on UMAUSDT
$UMA
taking a buy position at the marked imbalance $4.238 (the market usually changes direction after taking either an imbalance or sweeping liquidity or even both)
we’re taking our entry below a structure marked as an Inducement with a stop loss at $3.880 but the reward is worth it because we’ll make 3X of what we risk if the market plays well with a take profit of $5.363
Look the image below and DYOR. this is just a trade idea and not a financial advice
Here’s what I see from my chat. It’s not financial advise. It’s just a trade idea.
From the chat, #DOT/USDT will go up but I couldn’t see a suitable entry model for me to ride it up. However, if you hold $DOT , you can take your profits at $7.9 which is a point of inducement that I marked as XXX lol. Or take the profit at $8.6 which is my point of interest to short the coin.
You can trade according to your plan if you see a strategy that’s in line with yours. But for me, when $DOT gets to $8.6, I’ll look out for a confirmation to short it with a stoploss of $9.779 and a final take profit of $3.822.
You can see the image of my analysis below. Follow me on trading view (rising33B) to see my trade ideas. And follow me here to get more trading tips and crypto updates.