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BETS- another crypto penny stock resting
Long
BETS- another crypto penny stock resting
By AwesomeAvani
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Updated
Feb 13
2
Cheer
Cheer
Feb 11
over the weekend at the 0.5 fib retracement of a 100% 1-2 day move while Bitcoin trends
higher in weekend price action. Can the price action reverse out of the pullback and
retracement with bullish continuation? Relative strength has retreated but held at the 50 level.
Consistent with consolidation, the volume fell off for the close of the trading week. I will take
a long trade in this suspecting it will do well as did HUT and other cryptocurrency penny stocks.
I will set a 5% stop loss and target 25% or the middle of the zone of the topping wicks
on the pivot high of the previous trading day. So, this is a R:r of 5 trade plan. Safe and
conservative especially since I will only use 0.01% of buying power for the trade.
Feb 12
Trade active
Nice action today- mellow continuation. Stop raised over breakeven. Profitable stress free trade now. Bitcoin slowing down for a break.
Feb 13
Trade active
20% of position closed to lock in a profitable trade. Holding the rest until Bitcoin pulls back.
Feb 13
Trade closed: stop reached
Bitcoin pulled back. Stop loss did what it was supposed to.
BETS
bitcoinlong
Centered Oscillators
CLSK
cryptomarket
cryptosurge
fade
Fibonacci
HUT
popdropthenpopagain
retracement
Volume
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