Had amazing profits during last FTO of BAR Token. There was an announcement, of another 4 FTO's So I'm looking at this coin again.
I already have bags in my Chiliz exchange
Ironically, I'm just copy pasting my previous trade set up again from 31st May
Trade Idea 1,
They just broke out of 106 sat area which was holding a strong resistance, then went to test next resistance level at 123 sat, and got rejected. I'm expecting it to come back to 106 and flip the level to be a support. So I'll place 50% of my bids at this level.
Trade Idea 2,
There is a local resistance forming around 114 - 115. If BTC stays stable this might keep hold, if not will go towards retesting. So I'll set my next bid here at 114.
Stop loss
I will place my SL at 102/98 sats respectively, expecting those local resistance to hold in case BTC wants have squeeze.
Take Profit
Based on Fibonacci levels in the chart
This is not financial advice, DYOR.
Risk management is your responsibility.
I already have bags in my Chiliz exchange
Ironically, I'm just copy pasting my previous trade set up again from 31st May
Trade Idea 1,
They just broke out of 106 sat area which was holding a strong resistance, then went to test next resistance level at 123 sat, and got rejected. I'm expecting it to come back to 106 and flip the level to be a support. So I'll place 50% of my bids at this level.
Trade Idea 2,
There is a local resistance forming around 114 - 115. If BTC stays stable this might keep hold, if not will go towards retesting. So I'll set my next bid here at 114.
Stop loss
I will place my SL at 102/98 sats respectively, expecting those local resistance to hold in case BTC wants have squeeze.
Take Profit
Based on Fibonacci levels in the chart
This is not financial advice, DYOR.
Risk management is your responsibility.