The infamous USTC

2023年12月8日

For long I didnt want to have a say in this coin, due to its high risk and its infamous fall which accelerated the whole market into bear phase.

I will not say anything about the future of this coin as it is uncertain, and no one can guess where it could go, but I will take the chance to swing trade it and gain some profits from its movement as everyone is keeping an eye on it, and the volume is high.

A possible swing trade is shown on the chart, fib retracement 0.5 point is hit perfectly, and on the daily TF another impulsive move is expected.

Never risk too much and always DYOR.