This is a simple trading idea for those who are trading in cex.io. In this bearish market, swing trading is a good idea to make quick bucks. Watch purple line for uptrend.
Take profit: When RSI > 95 as per chart
Buy: When RSI < 5 or value touch purple line
Stop loss Should be : $3580
Take profit: When RSI > 95 as per chart
Buy: When RSI < 5 or value touch purple line
Stop loss Should be : $3580
Comment:
Stop loss is still not broken. But RSI is less than 5.
Trade closed: stop reached:
Stop loss reached. Closing this trade.