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(RDD/BTC) - Buy opportunity

BITTREX:RDDBTC   ReddCoin / Bitcoin
- This idea is based on moving average

- Long term trend: up (hovering around MA100, good time to buy with tight stoploss)
- Medium term trend: down


There is a chance it drops down to ~115 (at .618), set stoploss at 110.
Target is 250 based on fib retracement.

*Keep in mind: MACD does not look pretty at the moment, but we shall see.
交易結束:達到停損點: closed without a loss, not bouncing with enough strength.
pass on this one
評論: I closed this one without any hesitation.
I hesitated for a LONG time on the verge trade and that cost me some $.
I made a mistake and I will learn from it.

In the future, I promise myself to be more decisive in closing positions when the chart gets fishy.
Is it wise to enter RDD even though it doesn't have strong fundamentals?
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AlexCH PRO PetarFabris
@PetarFabris, that is totally up to you. I trade the charts/price actions. Often times I don't even know what the token does when I'm day trading
+2 回覆
AlexCH PRO PetarFabris
@PetarFabris, Diff story for long term hold
+1 回覆
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