Although I think crypto coins are risky, I think there must be a more powerful development for an upward movement than a downward movement. Nice analysis as a risk / reward ratio. Adjust your stoploss level according to your leverage. This analysis involves a big risk, if your positions are large for your capital. But the reward is high , so it is good to make position size small. Be careful. I do not recommend aggressive positions. Because altcoins are strong now. My suggestion : Stoploss: 8825 Goal: 6479
Note: The risk / reward ratio of the analysis is 1/3.
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Our goal is the historical organic resistance level of Bitcoin. If we come here, you should definitely clear your position and watch the market.
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My leverage is 1/3 and my position still did not explode. I'm stubborn and i'll not close my position. :)
Trade closed: stop reached
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Stop already reached , i just wrote my position already alive , technically we reached stoploss level and our trade ended.
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I'm now trying to integrate distributional trade zones into my systems, where I will share my analysis, where I buy and sell it to all details.
I don't usually prefer cryptocurrencies, but I'll look at their relatively liquid ones, so stay tuned. I'm guessing that I'll add all the details, including trading, in a few days. I will explain the basic logic of this standard and public version in educational ideas.
Not understanding leverage because Coinbase Pro has nothing like that and is so generic, Washington is limited on which exchanges we can use any suggestions on what else is available in Washington? Where should the limit/stop order be placed on coinbase <b>Noldo<b>? Still learning here and not trading daily, weekly, etc... yet. Just buy and hodl until I can learn to read these charts and my sentiment is do opposite of the herd. Don't follow the herd. I really need help and want to invest and succeed don't we all but I research and research and seem to go in circles. I'm not losing any money yet but, know I could be trading on the daily making more and double my holdings and loose some too of course but, missing out on so many opportunities not understanding the charts.
I'm trading "XBTUSD" where it is. Only one percent of my main currency is in this market and
I split it into 50.I don't think you should make such comments about people you don't know.
Noldo
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The liquidation value is 11037, I've already overlooked that money.
You must write down the investment-related things in private or in bulk groups.
Noldo
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@KLINE1237, i wrote some info in private message , regards.
Santiago123456789
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Interesting. I wonder what indicator is that: Relativity Radar PPI. I cant find it using that name.
Noldo
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@Santiago123456789, You can't . Because they re my hand made indicators ! :) , Regards.
Noldo
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@Santiago123456789, Btw , ppi is a term that measures radiation on air radar.
It ranks and shows how much rainfall the clouds will leave.
Sudden storms do not appear in updates! , so you need to constantly look at the weather radar.
I did the sticks 1 week, so I stare 2 or 3 times a week.
Dude. Don t short here. I am also bearish medium term but according to my indicators and experiance this pair is now going to go up. I see this going to 9.3k.
Noldo
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@SkyBottom, i always look at market generally . The true/false ratio average of the best traders is maximum 0.55 - 0.60 . When you try values such as risk/reward ratio 3 , every trade you pass %33 true/false ratio will return you as a big profit.The most important thing here is that you are not run out of bullets ! (position size is very important ) Regards.