Do you believe in DAO? People is here, prove it!
Hello guys,
One of the cryptocurrencies that has been largely overlooked and has a great chart is this one.
I've set a very wide stop-loss to ensure protection against the tricks of liquidity providers.
However, we can still expect a risk-to-reward ratio of 5 from this trade.
If you're more risk-tolerant, you can place your stop at 0.04120 and aim for a risk-to-reward ratio of 6.
Of course, all these take-profits (TPs) are planned before the bull run storms.
During the bull run, the best strategy is to trail your stop-loss in profit. 🚀
One of the cryptocurrencies that has been largely overlooked and has a great chart is this one.
I've set a very wide stop-loss to ensure protection against the tricks of liquidity providers.
However, we can still expect a risk-to-reward ratio of 5 from this trade.
If you're more risk-tolerant, you can place your stop at 0.04120 and aim for a risk-to-reward ratio of 6.
Of course, all these take-profits (TPs) are planned before the bull run storms.
During the bull run, the best strategy is to trail your stop-loss in profit. 🚀
Related publications
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.