ME (Magic Eden) Bulls time!

11 ธ.ค. 2024

The ME chart is interesting, initially there was a lot of selling pressure from people who received the airdrop, causing the price to drop from $8 on Binance to $4.90, but it then made a double bottom near $ 5 and is now showing strength and trading above the moving averages on 15 minutes timeframe.

If volumes remain this high, I believe the price will rise in the coming days, I liked the risk reward.

12 ธ.ค. 2024

ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน

Invalidated setup, since price closed below our support (Double bottom), I will be doing some spot DCA on it for the long run.