MOVING RIGHT NOW, The latest mover and the biggest opportunity $
Updated
Hey my beloved followers,
Here is the latest coin to get on the move as a reward for your patience.
Dollars and Senses has been stuck on a plane and not posting for a few hours. Here is a good one to ease us back into the groove.
Also thanks to those of you in our chat group for bringing the focus to the fast movers in real time… a few hundred eyes is better than 2 in a markets that’s growing in options to watch all the time
Jumping into moving coins always carries a degree of risk, what’s happened has already happened and the further something has actually moved, the less it has left to move. Still if we can find the right moves and the right pullbacks they are great opportunities to earn fast profits.
I am going to start with a very aggressive entry on BCPT and will then comment with a more conservative set up.
You can see on our chart that the dotted 0.000124 has become an important level in recent time, It’s a high set Feb 25, and has then been broken, retested and bounced off early today as part for a sharp move up. That move has now come back to our 0.000124 level, and the 23.6% fib retracement (Overlaid) and gives us our opportunity. Please note we haven’t pulled back even on these time frames to any EMA which shows us how early we are in the pullback. The is risk here but the fear of missing out is also great.
The set up is to aggressive for us to just buy the current level or test of the level, we need a Price action conformation. We need a decisive Buying bar (Closes towards the top of the bar) on a 30 minute or hourly chart. Once we have that we will buy as price takes out the top of the bar, with our Stop Loss below the bar and the level. From there first target is a a large scale out just before my blue line at 0.000132
If you want to make Dollars your decision needs to make Senses: Its hard to catch fast moving coins, when you can get the right entry you want to get in
I will keep you updated here.
Daily Quote Enjoy!
"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." - Paul Samuelson
If you think investing is gambling, you're doing it wrong. The work involved requires planning and patience. However, the gains you see over time are indeed exciting!
Note
He who hesitates is lost...If you took the last bar on the 30 minute chart then you are already at Target 1.
I will guide you through future targets soon.
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If you are going to trade this on the H chart you need to get your entry above the BLUR Line at 0.0001325Note
H Entry still possible here if we pop through the blue line.I will also be posting a more conservative 4 H trade, when things quieten down a bit
Note
NEW ENTRY level Confirmed on Hourly Charts, plus additional targets.The current pullback gives us our hourly entry, break of the bar high at 0.000134.
Additional Targets for 30M or H entry
Just before Blue lines at 0.000140, 0.000145, 0.000148
Note
Here is the more conservative 4 H entry. The issue is the fear of missing out, the positive is a deeper retracement gives you a higher probability of success and more space for larger profits.This risk approach is a personal thing and each must make his own decision on which approach suits them best
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Cant believe i didn't post the 4 H chart with the above.MY apologies followers
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The 4 H chart trade is going great and we should be taking some profits around this level being recent highs.Note
Bank profitsWE have taken out previous highs at 0.000140, and need to bank some profits
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Target 1 is hit, New targets needed above historic highs.In a market like this with previous highs gone, and BTC bouncing the market around, i would have most of my profits by now. But for those looking for new targets the 1.618 and 2.618 Fib EXTENSIONS would be the next targets. They are the blue dotted lines 0.000158 and 0.000188 would be next. Take profits just before the levels
Trade active
We are still trying to break the 0.000140 level (which shows how optimal our first Target was), I think we should pull stoploss up to 0.000122 to lock in some profits while we wait for the break.Trade active
We have finally broken through resistance, only to retrace the move. I am expecting another run up, those that are concerned can pull stops up to 0.000131Note
Here is a beaut new 4H entry. The last one should have made money even with the pullback, we scaled out at target 1 for some profit and and pulled up stop loss on the rest.On the $ H chart we have a pullback to the 50EMA, and now have a Great reversal bar. I will enter above the reversal bar and resistance at 0.0001150, with Stop, loss at 0.000100.
In this market we need a first target that is quite close as BTC is holding the market back a bit as it confirms direction. (See my daily analysis for a clear picture on that).
Targets are just before my blue lines @ 0.000119, 0.000133, 0.000139 and 0.000149.
Good trading my friends and followers
Trade active
WE have hit our First Target which was well placed. We should have banked profits before price pulled back. We will sit in the trade and look for another leg up towards Target 2
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