POPCAT - LONG - Good opportunity
POPCAT is now ready to give us a chance. Despite being a little late it is still in a good place for daily timeframe. This is a risky trade because the stop loss is tight; you can use an extended stop (SL 2 or SL 3), i will move it if I see a lot volatility. These currencies are also very volatile and high leverage should not be used.
TP 1: 1.15
TP 2: 1.25
TP 3: 1.55
SL 1: 0.7099 (risky)
SL 2: 0.68 (good)
SL 3: 0.62 (best)
TP 1: 1.15
TP 2: 1.25
TP 3: 1.55
SL 1: 0.7099 (risky)
SL 2: 0.68 (good)
SL 3: 0.62 (best)
Trade closed manually
BTC is at daily resistance, it is not advisable to stay in cryptos now and I will wait for a new entry. Closed with a small profit (40%).
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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.