ETC What to do now...
Updated
Hell, I been trading crypto 2 years now and there is only 1 thing I am sure off. Don't guess what this market will do. Instead prepare for multiple scenarios and take profit as often as possible! I split profits with some to pay bills and the other left in cryptos. It's harder than you think trying to exit the crypto world with bill paying currencies...
Without further adieu...
BB/KC cross with rising momentum happened on May 10th, 2019 which is when I started buying again...First signal on March 18th, 2019 worked to perfection. I have more buys stacked between $6.00 - $6.75 to add to position. We don't fully close our winning trades until it time! SL will be a close below the low set on May 10th....
Happy Friday traders. Let's have a brew or a smoke.... just sayin
Without further adieu...
BB/KC cross with rising momentum happened on May 10th, 2019 which is when I started buying again...First signal on March 18th, 2019 worked to perfection. I have more buys stacked between $6.00 - $6.75 to add to position. We don't fully close our winning trades until it time! SL will be a close below the low set on May 10th....
Happy Friday traders. Let's have a brew or a smoke.... just sayin
Note
50 MA has moved up into my buy zone which gives me wood! Cautiously adding more buy orders... not more than 2% of my available cash! Period. Do your due diligence on this one but when you stumble across this in the future and we are trading above $12, you will be sad.
Time for my favorite breakfast... wake and bake!
Note
Bulls we so close to mooning for real. Have to make final push above $8.05 then $9.00 next stop....all aboardNote
Pretty good buy in under $7.50 but my bags full and waiting for $6.50 range. The 6 hr chart looks like a double top trying to form but I think we go up. If not, I be happy to add to bags. Yea baby!Trade active
Still like ETC trade and be looking to add more in $5.75 - $6.20 range and then again $5.00 - $5.30 range. Below $5.00 and I likely sell but still in profit. Plan your trades.Note
Fully expecting a nice move soon! Above $8 for good this time. Bulls are your bags full? Are you ready for this?
Develop a trading plan, refine your edge, and manage your trades! Happy Friday traders and may profits find you
Trade active
Don't panic if you missed this rally. Weekly charts on btc and eth have completed a 15 MA / 30 MA crossover so this rally in early stages. I will be selling enough to bring my cost basis below $4. Otherwise, I will be buying dips and break-outs. When buying dips, I use daily charts to set buy orders near resistance (not on). When buying break-outs, I use a buy stop order 1 tick above daily high for move (etc be buying break-out at $9.16).
Best of luck and may profits find you today!
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.