Hi traders, As shown in the chart - the bulls are back! I have already placed my order - a breakout will take us to the targets! - Good luck :)
Target 2 = 0.009
Please note that the information contained in or provided above is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice.
Do you think it’s gonna to stay bearish for a whille now? Cheers buddy
Smyle81
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@aalfadhala...u said target 1 and 2 (Qtum/btc).....does it mean i should go short once target 1 is met or i shld hodl till target 2 will be met? sorry for this question im new to crypto trading ,,,,,,im still the ROOKIEST following you.....just saw your analysis by chance last week......cheers man
abdullatrader
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@Smyle81, It really depends on your risk vs. reward - once the first target reaches, we can sell 50% of the position and leave the other 50% for the next target. Let say it decide to turn bearish before reaching Target 2, you would have saved 50% of your position and sold it at a higher price etc.
Smyle81
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@AAlFadhala, thanks man u rock!
oldskoolz
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Hello, aal is this idea still valid? Or another question should we set a stop loss?
abdullatrader
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@oldskoolz, Yes - This is more like a long-term call.