hedgewithcrypto

AIRSWAP - Buy Opportunity - 79% ROI - 5.4:1 Risk/Reward

Long
hedgewithcrypto Updated   
BINANCE:ASTBTC   AirSwap / Bitcoin
Reasons why I will enter a long position using a LIMIT ORDER when price retraces back into the consolidation zone:

1. Valid break-out pattern with a clear consolidation zone
2. Smaller time frame patterns have reach upside targets
3. High return on investment (193%) with 16:1 risk/reward
4. Buy low / sell high

Enjoy.

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Comment:
Ensure stop in place while BTC retracts
Comment:
Almost reached profit target. Trail stops to lock in profit
Trade closed: target reached:
Taking profit on 75% of position leaving the rest as free trade (stop @ BE)

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