Still just a noob here.
Trial trade, using this to document this trade mainly for myself. I like watching the 3h charts on crypto so that is the TF used for this trade.
Been waiting for a clean crossover of the 50 & 100 EMAs
RSI is high, so taking half my normal size trade.
Used a stop to enter, hoping to catch a breakout or some upward momentum. It worked, somewhat.
Entered @ 0.012606 and price did rise quickly to 0.0128 but fell just as quick
longterm trade so no worries yet...
stop set at 0.01155747
target 0.02 - seems high and I may reconsider
Trial trade, using this to document this trade mainly for myself. I like watching the 3h charts on crypto so that is the TF used for this trade.
Been waiting for a clean crossover of the 50 & 100 EMAs
RSI is high, so taking half my normal size trade.
Used a stop to enter, hoping to catch a breakout or some upward momentum. It worked, somewhat.
Entered @ 0.012606 and price did rise quickly to 0.0128 but fell just as quick
longterm trade so no worries yet...
stop set at 0.01155747
target 0.02 - seems high and I may reconsider
Trade closed: stop reached
Stopped out, after moving into profit price fell quickly...stop was possibly too tight or entry too high...only time will tell.I still like DCR long term, so I may try this again.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.