Long
Rocket Fuel Inverse head and Shoulders GVT GenesisVision
Updated
SIGNAL: A classic inverse head and shoulders pattern developing on GVT/BTC.
HOW TO TRADE THE SIGNAL: Wait for the breakout or start Dollar Cost averaging within the Stoploss zone. If the shoulder breaks ( doesn't hold as support) we take a loss and exit back into bitcoin.
HIGHLIGHTS: This platform allows you to invest with your usdt, eth, btc, and the GVT token. You can invest between managers (they do all the trading for you and share the profits) or in crypto Funds (look for the diversified portfolios). The platform has been in full swing for over 6 months and the development team is far from finished.
HOW TO TRADE THE SIGNAL: Wait for the breakout or start Dollar Cost averaging within the Stoploss zone. If the shoulder breaks ( doesn't hold as support) we take a loss and exit back into bitcoin.
HIGHLIGHTS: This platform allows you to invest with your usdt, eth, btc, and the GVT token. You can invest between managers (they do all the trading for you and share the profits) or in crypto Funds (look for the diversified portfolios). The platform has been in full swing for over 6 months and the development team is far from finished.
Trade closed: target reached
A few pointers for when you enter and exit a trade1. Using Limit orders normally get you better prices than a market order
2. Locking profit and or scaling out of a position is wise since you don't know what the objectives are from other participates
3. The percentage amount of risk capital per trade setup is relative to your personal goals. Find something that suits you well and allows you to sleep at night.
Just my 2 cents
-HB
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