BLUR/TetherLong
#analysis 104 - Sweeping with Exiting on Supply
While preparing the weekly report for the DATraderAssociation at their platform DA Studio , I noticed a distinctive pattern developing in the lower range of the chart. Accompanied by decreasing trade volume, I made a strategic decision to invest in BBLUR via left-hand trading.
Fortuitously, following a brief period of market consolidation, the price of BBLUR began to rise. To secure a satisfactory profit margin, I reduced my position when the asset reached the supply zone. Subsequently, the price failed to achieve another peak, leading me to close out the remainder of my position.
Fortuitously, following a brief period of market consolidation, the price of BBLUR began to rise. To secure a satisfactory profit margin, I reduced my position when the asset reached the supply zone. Subsequently, the price failed to achieve another peak, leading me to close out the remainder of my position.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.