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Monstralian
Mar 18, 2024 9:56 PM

Price Trampoline - Trade Entry  Long

Cosmos / TetherUSBinance

Description

Hello community,

I am pleased to share my latest trade following two successful transactions on Bitcoin (17% profit) and BOB (24% profit), both of which are documented in my account. My new trade is ATOM/USDT.

Money management strategy:

The designated capital for this trade is $500+$500. Here's how the funds will be allocated:

  • 1st Order ($500 spot): Placed at the current market price. This order aims to enter the coin after the re-test of the strong support presented in green.

  • 2nd Order ($500 spot): Set around $8.789. This price level aligns with a strong weekly support, making it a strategic adjustment price point.


The objective of this trade is to take profits at 70% but can be flexible depending on market conditions.

I won't be adding any additional trading orders below these levels.

This is not an investment advice, I am only sharing my own portfolio ;)

Happy trading, everyone!

Trade active

Hello ,

I wish to share an update regarding my recent trade. Today, the second order was executed, resulting in a new adjusted price of $10.06 with a total trade order of $1000. This correction is beneficial for the market, presenting an excellent opportunity to trade with larger positions.

Happy trading !

Trade active

Hello,

Still no changes regarding the orders and the strategy . Healthy accumulation will bring strong returns.

Happy trading !
Comments
Mike_toTheMoon
Probably i will try this trade, Thnx for the idea.
What is the meaning of the lowest 6.194 white line? Just the bottom of the falling wedge?
Monstralian
@Don100Prozento, It represents the limitation of the accumulation pattern. Thank you for your comment.
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