AET/BTC trade setup
Updated
I'll keep watching Aeternity. It can take few more weeks to start making some bigger move.
Possibilities:
1. Catch the price when it comes down
or
2. Wait for conformation of the break out
I will risk small position on the way down.
And add the rest after break out.
With plan of selling on multiple targets on the way up.
Price can go for retest of the bottom or even to new bottom as well. This is why you have stop loss. I like my odds here.
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Never risk more than 2% of your capital on one trade!
You can choose instead to make a donation on one of my addresses:
BTC: 12qe5buhPQTAEnqmMYBNafymePd9BAgqJT
ETH: 0x134c60f13c48fe1ea48b10f980a2c68070f1bf82
LTC: LTuRNgXDU2ojj7DseX4GRhQcFyJzXo82mn
Trading is not about having more than 50% of winning trades. It's about having the optimal ratio between small losers, small winners, brake even trades and few big winners.
Possibilities:
1. Catch the price when it comes down
or
2. Wait for conformation of the break out
I will risk small position on the way down.
And add the rest after break out.
With plan of selling on multiple targets on the way up.
Price can go for retest of the bottom or even to new bottom as well. This is why you have stop loss. I like my odds here.
_________________________________________________________________________________
If you've learned something new you can like this idea or smash the follow button!
Other ways to support my work - you can choose to:
--> Sign up on Binance with my Referral Link: binance.com/?ref=26255122
--> Sign up on BitMEX and get 10% discount on all fees for 6 months after you sign up using this Affiliate Link: bitmex.com/register/tnUzy4
The supporters will get all the help you need to learn how to use different trading platforms AND understand risk management in trading via Private Messages, Discord, Skype...
Never risk more than 2% of your capital on one trade!
You can choose instead to make a donation on one of my addresses:
BTC: 12qe5buhPQTAEnqmMYBNafymePd9BAgqJT
ETH: 0x134c60f13c48fe1ea48b10f980a2c68070f1bf82
LTC: LTuRNgXDU2ojj7DseX4GRhQcFyJzXo82mn
Trading is not about having more than 50% of winning trades. It's about having the optimal ratio between small losers, small winners, brake even trades and few big winners.
Note
Lower trend line didn't hold it so It doesn't look as good as before. I'm waiting to get a bounce before price going further down.So I'l try to close my small position in 1170-1230 area with small profit and wait for new opportunity as my stop loss can't handle price going much lower.
Ohh yeah - I've managed to make wrong title on this idea. It's AE not AET coin. ;)
Note
Stop loss held. So I'll hold my small position now as well as there are reversal signs on the chart. 
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