Disclaimer: This is not financial advice. This purpose of this chart is to document my trades while I am enrolled in a training program.
Republish: I scrapped my Aug 4th chart and adjusted my fibs for higher targets. There was a significant increase in volume since the chart i published a couple of weeks ago.
I pulled a trend extension fib to find targets, and pulled some retracement fibs for confirmation. Price action look excellent and I'm very confident this coin is going to have a massive pump up to $9 or $10.
Entry: $2.65 & $2.8, split 50-50.
Stop loss: 0.00031 BTC pair. I placed this stop loss just in case BTC decides to pump and bring all the alts down.
Target 1: $5.3362. This is my first target before a significant pull back. Taking some profit at this target. Target should hit somewhere in the aqua boxes
Target 2: $9.00 This is my blowoff top target before taking most/all profit.
Republish: I scrapped my Aug 4th chart and adjusted my fibs for higher targets. There was a significant increase in volume since the chart i published a couple of weeks ago.
I pulled a trend extension fib to find targets, and pulled some retracement fibs for confirmation. Price action look excellent and I'm very confident this coin is going to have a massive pump up to $9 or $10.
Entry: $2.65 & $2.8, split 50-50.
Stop loss: 0.00031 BTC pair. I placed this stop loss just in case BTC decides to pump and bring all the alts down.
Target 1: $5.3362. This is my first target before a significant pull back. Taking some profit at this target. Target should hit somewhere in the aqua boxes
Target 2: $9.00 This is my blowoff top target before taking most/all profit.
Note
I lowered my Stop Loss to 0.00030 XTZ/BTC. Trade is still active, I don't think the USD pair is bearish yet, but It's worth keeping an eye on the XTZ/BTC pair. Bitcoin is set up to make a strong move to the upside, and push Most of alts down.
Note
Trade Still Active:I moved my stop loss to $2.96. Anything below this level is bearish.
Note
Sold for a loss at $2.22. XTZ looks very bearish, I'm looking for a retrace to the March Covid-19 candle, about $1.
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.