Long
High Reward, Low Risk. Alts popping any second!, or maybe later.
Hello fellow Blockheads,
As we're all aware by now, the altcoins live and die by BTC and we're starting to get into a possible position for both. BTC is in a triangle and with either break up or down hard in the next 2-4 days and the alts will follow. If your like me, you can't bare to leave anything on the table so I'm looking for breakouts and flipping my trades on end
Verge has come way down and leveled off, and its just sitting there -all patient like- waiting for the cue from daddy bitcoin. Following TD sequential logic if the breakout goes live it should really hit the gas once it breaks the highs of the red 1
That should turn on the rockets and push us up past the 21 EMA. a pause to confirm, and continued up.
Think it cant happen?? Check out the previous price action from February.
All of this depends of course on Bitcoin, so by identifying the breakout point, and setting a stop-buy just above I'll catch the upside If this weeks good for Master. And if not, I'll wait for the dust to settle and try this all again at a lower level. No harm, no foul. Good luck, happy trading!
SCENARIO A
Stop-Buy @ .00000444 sats
TP 1 - @ .00000629 sats 41% profit
TP 2 - @ .00000693 sats 62% profit
SCENARIO B
Price falls with BTC. No buy triggered :)
(disclaimer: i am a 12 year old child with one eye and a learning disability. I've never been with a woman, and i wet the bed often. If you follow my advise and lose your bitcoin, you probly shouldnt have any in the first place)
As we're all aware by now, the altcoins live and die by BTC and we're starting to get into a possible position for both. BTC is in a triangle and with either break up or down hard in the next 2-4 days and the alts will follow. If your like me, you can't bare to leave anything on the table so I'm looking for breakouts and flipping my trades on end
Verge has come way down and leveled off, and its just sitting there -all patient like- waiting for the cue from daddy bitcoin. Following TD sequential logic if the breakout goes live it should really hit the gas once it breaks the highs of the red 1
That should turn on the rockets and push us up past the 21 EMA. a pause to confirm, and continued up.
Think it cant happen?? Check out the previous price action from February.
All of this depends of course on Bitcoin, so by identifying the breakout point, and setting a stop-buy just above I'll catch the upside If this weeks good for Master. And if not, I'll wait for the dust to settle and try this all again at a lower level. No harm, no foul. Good luck, happy trading!
SCENARIO A
Stop-Buy @ .00000444 sats
TP 1 - @ .00000629 sats 41% profit
TP 2 - @ .00000693 sats 62% profit
SCENARIO B
Price falls with BTC. No buy triggered :)
(disclaimer: i am a 12 year old child with one eye and a learning disability. I've never been with a woman, and i wet the bed often. If you follow my advise and lose your bitcoin, you probly shouldnt have any in the first place)
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.