All you ever see on social media is people panicking when your favorite coin begins to tank.. Why are serious traders ok when the markets fall? Because they go short. Here we did a perfect short making money as the markets fall.. Of course none of us want to see the value of our crypto go down do we, but its enviable, so when it does we may as well keep making money. Omg was breaking in a downward channel with clear top and bottom support and resistance lines. Once we fell into resistance that was our signal to sell short. Once we fell through the EMA we improve position and sell more to go short.
Our exit targets are easy, previous price action history are the points we need to watch out for. STOP LOSS... Anywhere back into the wedge where there was support. Minimum risk and high reward trade. for more exciting trades keep following me here and check out my profile. Happy trading everyone