Time - 30/01/2021 17:45.
Timeframe - 1D.
2 conditions must be met to open a deal:
1. MACD lines cross and there is a positive trend.
2. Candles close above MA 25.
Determine the resistance:
Resistance 1 - 3.10 $ (12% price increase)
Resistance 2 - 3.40 $ (23% price increase)
Resistance 3 - 3.90 $ (41% price increase)
Take profit 1 - 3.10 $.
Take profit 2 - 3.40 $.
Take profit 3 - 3.90 $.
Entry price - 2.77 $.
Next, determine the size for each TP as I think is best done:
Take profit 1 - 3.10 $ - 25 %
Take profit 2 - 3.40 $ - 25 %
Take profit 3 - 3.90 $ - 50 %
Today I only put 2 and 3 TP. Because the first one will be easy.
Timeframe - 1D.
2 conditions must be met to open a deal:
1. MACD lines cross and there is a positive trend.
2. Candles close above MA 25.
Determine the resistance:
Resistance 1 - 3.10 $ (12% price increase)
Resistance 2 - 3.40 $ (23% price increase)
Resistance 3 - 3.90 $ (41% price increase)
Take profit 1 - 3.10 $.
Take profit 2 - 3.40 $.
Take profit 3 - 3.90 $.
Entry price - 2.77 $.
Next, determine the size for each TP as I think is best done:
Take profit 1 - 3.10 $ - 25 %
Take profit 2 - 3.40 $ - 25 %
Take profit 3 - 3.90 $ - 50 %
Today I only put 2 and 3 TP. Because the first one will be easy.
Note
3.21 $🔥We are waiting for TP2!
Note
3.28 :)
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.
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.