vthokiee97
Long

COVAL 2H Chart 80% Short term 340% Long term

BITTREX:COVALBTC   Circuits of Value / Bitcoin
After a textbook correction to .382 FIB here is another trade for everyone! In my trades I am hoping to find quick gainers for folks looking for short investment cycles as well as trades that can be held for long term higher returns. I intend to provide entry points, trade targets, profit gathering plans and stop losses. These trades are based on chart research, technical analysis , and current media/ market perceptions. I advise how I plan to take my unrealized gains(profit) from the trade until I have recouped all my initial investment. At this point you will be trading on house money.I also will point out at which point you can take the initial profit as suggested by the chart for quick gains. As always this is my trade opinion and the strategy i am implementing for my trades. Do your own research and never risk more then you can afford to loose. Please feel free to ask me questions and or comment your thoughts on my ideas.

Thank You & Good Luck!!


Entry Point .00000232
2) Target .00000419 (1 FIB)
3) Target .00000650 (2.618 FIB) Take Profit 60%
4) Target .00000880 (3.618 FIB) Take Profit 20%
5) Target .000001023 (4.236 FIB) Take Profit 20%

Stop Loss .0000180 20% +/-
Close trade at .00000419 for 80% Gain
Comment: Slow and steady towards target 1. Keep patient. We will see ups and downs as it climbs.
Comment: After gaining some ground this coin has corrected some over the last few days with a lot of liquidity going into ETH and BCC. Keep patient on this trade.
Comment: right now with this market wide correction I am holding all my trades. Altcoins have made some good rebounds since the sell off first of the week. I feel like BTC needs to give us better signals before we can figure out the alts exactly. I will be updating all my trades I am following this weekend. I should be able to give a much better analysis by then. For now hold with patience. Thanks
Comment: I hope to rejoin this trade once BTC recovers from the sell off tomorrow. This will drag all the markets down. Look to get back in these alt coin trades at 20 to 30% less then the current price.
Good Luck here. looks pretty good so far.
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