Here is another trade for everyone! In my trades I am hoping to find quick gainers for folks looking for short investment cycles as well as trades that can be held for long term higher returns. I intend to provide entry points, trade targets, profit gathering plans and stop losses. These trades are based on chart research, technical analysis
, and current media/ market perceptions. I advise how I plan to take my unrealized gains(profit) from the trade until I have recouped all my initial investment. At this point you will be trading on house money.I also will point out at which point you can take the initial profit as suggested by the chart for quick gains. As always this is my trade opinion and the strategy i am implementing for my trades. Do your own research and never risk more then you can afford to loose. Please feel free to ask me questions and or comment your thoughts on my ideas.
Thank You & Good Luck!!
This coin has had some consolidation after its plummet to the bottom and has now formed a cup and handle
and as other very bullish
signs. This is a good platform with a good team. I think this is a good buy and hodl coin.
Entry Point .00003726 (support line) to .00004000
2) Target .00005841 (.786 FIB)
3) Target .00007717 (.618 FIB) Take Profit 50%
4) Target .00009034 (.5 FIB) Take Profit 25%
5) Target .00010352 (.382 FIB) Take Profit 25% (House Money Now)
6) Target .00011982 (.236 FIB)
7) Target .00014618 (0 FIB)
Stop Loss .00003000 20% +/-
Close trade at .00005841 for 50% Gain
Remember to evaluate using your risk model and trading plan. This is a short term/ longterm trade. Patience is the Key! As always I will follow this trade and update it along the way!