Short Entry upon Channel Breakdown

٢٦ أغسطس ٢٠٢٣

It's Snipe O'Clock!

• AKRO pumped over 200% in a month
  
• The pumps and dumps created an ascending channel
  
• Price is on the verge of breaking down this channel
  
• BTC is also bearish short-term
  

Let's see if this will play out.

We can short upon a clean breakdown of this channel.
TP1 at $0.0135
TP2 at $0.00866

Please ensure risk management and stop-loss (trailing $0.0142, $0.0152 $0.01562) as this coin has a pump-and-dump nature. It might pump to the upper channel first before the next drop.

Happy Sniping!

٢٩ أغسطس ٢٠٢٣

أغلقت الصفقة: تم الوصول لوقف الخسارة

Channel breakdown was unfortunately a quick long squeeze.

AKRO seems to have topped out and lost momentum now.

Shorting at $0.18 - $0.19