Not all dumps come to harmMy portfolio is bleeding very badly, however the trades with BTC pairs can actually benefit from this crash. As you can see EMA 200 is below the chart (it's the same at 4h and at 1h the candles go up and down). For the moment we can assume that the trend is still bullish even because RSI is over 50%.
I'm sharing the daily chart because it's easy to see the chart's zig-zag inside the bull flag, even if the bouce upwards happened a little bit below the support I had drawn it happened and right now it seems there's an uptrend. Now, if BTC moves slowly this could help this trade, especially its price doesn't rise much.
I'm positive on this.
Btcpair
ARKBTC Completed Butterfly Pattern | 22% ProfitBlue Zone : Buy Zone
Green Zone : Target Zone
Grey Line : Best Entries
Red Line : StopLoss Area (Set your stoploss below this line)
Leverage : 5x-10x
Price action has tested the previous support where we have seen quite good reversals.
LONG - DATA - Trading Opportunity#DATA/BTC: We are going to play this range once again, the same entry and targets with a slight variation. Also now we have a retest of the daily Ichimoku cloud and it has been holding for the past few days.
Entry: 0.00000133
Target : 0.00000145
Target : 0.00000155
Target : 0.00000167
SL: 0.00000127
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LONG - IOTX - Trading OpportunityA retest of support at 41 sats and we are expecting another visit to that level.
Entry: 0.00000041
StopLoss: 0.00000038
TP 1: 0.00000049
TP 2: 0.00000057
TP 3: 0.00000069
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LONG - DATA - Trading OpportunityConsolidating nicely on this bottom and is looking close to a breakout. Again, the stop loss us further than we feel comfortable with so we would lower the position size o this trade
Entry: 0.00000133
Target : 0.00000145
Target : 0.00000155
Target : 0.00000167
SL: 0.00000121
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LONG - DNT - Trading OpportunityNice bottom here and volume has increased like crazy lately. We would use half of a size position here as the stop loss is bigger than usual.
Entry: 0.00000077
Target : 0.00000084
Target : 0.00000090
Target : 0.00000096
SL: 0.00000070
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
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Over 30:1 Reward/Risk Is Worth A Shot...Trading some cryptocurrency pairs over the long holiday weekend to get my fix, what can I say... Anyway, I like this pair right now, trading on Poloniex. It's receiving around the 5th most volume in the BTC trading pairs, and looks technically interesting atm. Weekly chart posted below to get a look at that overhead downtrend resistance line, because price is at a critical point tapping on that resistance. Also seeing a nice bullish RSI divergence both weekly and daily. If it were to break through, say to .0000036, that could signal the end of the 5th wave down and the beginning of the A-B-C corrective retrace. If so, first and second targets are shown on the chart, representing 100% and 200% gains, respectively. For the risk/reward ratio to work stop loss should be set just below previous posted lows, so set at .00000319. As I have said before I am an owner of BTC, a believer in it and a few altcoins, and an absolute stalwart believer in the power of blockchain to be a disruptive and then market standard tech. Hope everyone is having a good holiday weekend! Happy hunting and GLTA!!
LONG - FUEL - Trading Opportunity#FUEL/BTC #Binance - Breakout and retest of the falling wedge price has shown support and volume is ramping up.
Entry: 0.00000105
TP 1: 0.00000112
TP 2: 0.00000118
TP 3: 0.00000129
SL: 0.00000099
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LONG - EVX- Trade Opportunity#EVX - A beautiful bottom formed and being squeezed between the ma200 and 50 on the 4H chart. Currently, Bitcoin is kind of unstable, but I wouldn't forgive myself if we didn't even try to take this opportunity.
ENTRY: 0.00009245
1st TP: @ 0.00009718
2nd TP: @ 0.00010249
3rd TP: @ 0.00012061
Stop loss: @ 0.00008772
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
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